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Thursday, February 21, 2008

Price of Oil

We have two oil tanks which hold a total of 550 gallons of heating oil. The price per gallon is lower if we take 400 gallons on a fill-up. We did not pre-pay last fall in hopes the price would drop as it did last year. That was wishful thinking! The price went UP instead.
We've been monitoring the dropping oil level in our tank the past couple weeks, knowing we will not be able to postpone filling up much longer. Yesterday I decided we have to bite the bullet and ordered oil. It was delivered this morning---508 gallons. We could probably have waited a few more days but that's about as close as I like to cut it. The price per gallon was $2.98. Do the math! This is a record-setting heating oil bill. The most disgusting thing is that the oil companies are showing record profits. Does that tell you anything?
On the bright side, I am thankful for two things. We have the money to pay the bill and will stay warm. In some parts of the world people simply endure the cold because they cannot afford to heat their homes. Sure, it hurts to pay so much for oil. But realizing how fortunate we are softens the blow. We'll have all the heat and hot water we need for the next ten months.

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