Cost of fuel this winter

[JayW]

I dont think anyone will disagree with this thread. The price of fuel is totally ridiculous this year. Last week we needed oil we payed a "discount" $2.10 a gallon. Just a few years ago we were paying less than $1.00 a gallon. Other people Ive talked to are paying over $600 a month to heat their home with natural gas. This guy said he wouldnt even mind if it was warm but his house is turned down to 60 degrees and he still pays $600 a month :mad: .

[fisher16]

Its unfriggen believable, and BS. I lock in at a set price every year so I try to get the best deal possible that way I don't have to worry about paying big $,$$$.$$ when it jumps for home heating fuel. The News reporters are saying that gasoline is going to jump up to $3.00 a gallon sometime in the next couple of weeks. :( :( :eek: :eek:

[Toad]

the gulf, and off the coast of California. The US has to ween itself from foreign oil and become energy independent. Until that happens we are at the mercy of OPEC pricing.

I know some will say the we can't up the enviornment. Same arguement that the tree huggers put out when we drilled in Prudoe Bay and built the Alaskan pipe line. NO damage to the enviornment was done the the caribou wound up birthing near the pipe line.

:D

[tacoma]

I heard yesterday on the news that Exxon Mobile recorded record earnings in 2005, bringing in an 11 billion dollar profit! I am sorry but something needs to be done. Related to this article I also read that due to high home heating costs that home foreclosures are up 11% since 2004. That makes total sense, up crude oil prices, enabling people to pay there bills, thus resulting in the big picture of our economy going to crap.

As you can tell I get heated with this issue!!!

[Toad]

are not the reason for the increase in forclosures. If the annual budget is so tight that that they can't afford a 400-500 dollar for the season increase in heating costs then they are living on the edge anyway!

The reason there are so many foreclosures is that folks bought houses, with the new fangled mortgages, like zero interest, baloon payments, variable rate, adjustable rates and didn't look to the future changing anything. A lot of folks went out on a financial limb and bought houses bigger than they needed or could afford when the interest rates were way down. Now they are having to pay the piper for their short sightedness.

I hate like hell to see someone lose thier home but there are som many folks out there living on plastic, over their heads with payments, the they are fiscally irrresponsible.

Believe me, you haven't seen anything yet! 11% increase in foreclosures is going to look very small 5 years from now. Everything goes up every year, never down and some folks don't take that into consideration when then by stuff on credit, or take out a loan for something!

Housing bubble of the last few years is already losing air is is going to go POP in the near future.:cool:

[tacoma]

I agree with you that people should not be spreading themselves so thin. And I am not solely targeting fuel increases as the main source of the increase in foreclosers. But you have to admit it does not help!

I really hope the realestate balloon does pop because at this rate I will never be able to afford a house! 20% down on a good starter home in Massachusetts right now is around 20,000 or more. I save as much as anyone but this is a good chunk of change!

I main point of my thread was to express how upsetting it is to see a core group of individuals making so much money, while disrupting our economy, and nothing is done about it!

[Rivernut]

When I bought my house one of the first big purchases I made was an extra-large Vermont Casting's stove / heater. I used 68 gallons of oil since sometime last winter according to the last delivery I got.:) Now I have a huge pile of wood from thinning out my back lot. I have been trying to heat with it only. The oil burner has kicked on only twice since early December, and my house is in the mid 70's. If I can only figure out how to burn it in my boat engine...last outing cost $75!:confused: