Dont let the heating company humiliate you

The US Fed just released insider details on the inventory for barrels of raw home heating oil/fuel and it looks GREAT for consumers.

The big “speculators” that ran the prices up last year are in for a bit of a panic…

Because there’s truck loads of home heating oil and propane inventory getting stacked up on at the docks here in the US right now.

That means LOTS of supply and still LOW demand.

The price of a raw barrel dropped 3% today and that dropped the price to home owners by a whopping 1 penny a gallon.

So freakin’ what!

Well according to the #’s the inventory is so high that the expectation is the price is going to tumble down any were from 40-50%

Yep… looks like the price is going to fall like a rock so my suggestion is to wait for a few a bit and get some decent prices.

At least that’s what my crystal ball says

Stay warm, stay safe and save money.

John