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There has apparently been a price drop in domestic heating oil (!!!!!)

(33 Posts)
JaneJudge Sun 13-Mar-22 10:52:39

500l cheapest quote £795!! shock

JaneJudge Sun 13-Mar-22 10:53:25

and for anyone who isn't aware/doesn't use oil, about 6 months ago it was @ £300

VioletSky Sun 13-Mar-22 11:00:06

Oh my goodness, I used to get a full tank of 1200 for much less than that. I really don't know how we are going to manage this. I'm already taking on more hours at work than I can manage due to increasing bills accross the board.

Now the latest rhetoric I am seeing is that these price increases are all down to the awfulness in Ukraine so we must make sacrifices when that is blatantly not true at all and this had already started.

This will push far too many people into poverty and that is unacceptable

Alygran Sun 13-Mar-22 11:16:32

Just checked locally. Price per litre £1.26. I paid 59p 4 weeks ago and 19p at the start of the pandemic is 2019!

VioletSky Sun 13-Mar-22 11:27:05

Petrol prices too, people are actually reaching the price cap of £99 before their tank is full

Barb22 Sun 13-Mar-22 11:41:36

We got some two weeks ago and paid £364 for 500l and that’s the highest since we moved here 8 years ago .
Just put wood burner on to try to conserve the oil ?

Callistemon21 Sun 13-Mar-22 12:31:50

VioletSky

Petrol prices too, people are actually reaching the price cap of £99 before their tank is full

There was no petrol or diesel at our fuel station yesterday.

We have essential journeys to make; I feel sorry for those who need to travel for work.

SueDonim Sun 13-Mar-22 12:39:31

500l of oil here today would be £640. I had 500l delivered last week for £430. In Spring 2020 I bought the same for £134.

There’s no help available for people who use oil, either.

geeljay Sun 13-Mar-22 12:43:11

I hear that Boris goes to Saudi Arabia today, to try to secure supply of oil.

Shandy57 Sun 13-Mar-22 12:43:55

I was very sad to have to downsize to this bungalow, but am now appreciating it far more.

My old house had an old oil boiler and I had to buy 600L of oil per month from October to March. I hope my kids now appreciate selling was a very wise move!

SueDonim Sun 13-Mar-22 13:11:33

That’s a huge amount of oil a month, Shandy! You’ll be glad not to be paying that now.

Oil from Saudi Arabia, a country where they executed eighty one men, just yesterday. sad

kissngate Sun 13-Mar-22 14:52:30

We paid £364 for 600l six weeks ago. With what was already in tank we hope to have enough until May and I'm hoping prices have dropped by then.

SueDonim Sun 13-Mar-22 15:02:24

Yes, we’re hoping to eke out our oil, too. ?

PamelaJ1 Sun 13-Mar-22 16:00:52

We have just paid £856 for 1000L. We ordered it about 10 days ago.
I spoke to a friend yesterday, he normally buys his red diesel via a farmers co-op. They now require payment before the fill up and won’t quote a price, it’s what it is on the day of delivery.

Shandy57 Sun 13-Mar-22 16:16:30

SueDonim I should have said I had the Aga too, I allowed at least 200L for that per month. I do miss it, I hadn't realised how I relied on it for drying coats etc!

Delila Sun 13-Mar-22 16:48:40

We’re in the same boat here, & I’ll be eking out my remaining half tank as long as I can. I’m in a syndicate & for the first time ever we have no prices quoted before delivery, delivery date-ranges are uncertain, & some suppliers won’t promise delivery at all. I have no idea how much I’ll have to pay for the 500litres minimum delivery or when it will be delivered.

The thing about heating oil is that it has to be paid for in a lump sum, not by monthly direct debit, and to some extent it’s always a gamble, but this is beyond any oil-price shock I’ve ever experienced.

It looks as though electricity may turn out to be the least expensive energy in the foreseeable future.

PamelaJ1 Sun 13-Mar-22 16:58:40

Delila
Our oil company does a monthly payment scheme. We don’t use it but it is available.

Delila Sun 13-Mar-22 17:32:41

Yes, thanks Pamela, this is available here too, but not within the syndicate, which is worth belonging to as in normal times it is able to negotiate very favourable prices.

JaneJudge Sun 13-Mar-22 18:16:24

So it seems it is going up rapidly then sad I have a payment plan with boilerjuice but I hadn't considered it would go up quite so much. Even in the 2010/11 winter it was about £1000 for 1000l irrc

Delila Sun 13-Mar-22 18:50:58

Boilerjuice we’re quoting a price of £1.34 per litre on the 8th of March.

Delila Sun 13-Mar-22 18:52:54

I don’t think any company is prepared to quote a price now, it’s such a volatile situation.

SueDonim Sun 13-Mar-22 19:15:09

Boiler Juice was £1.20/L for my area today.

VioletSky Sun 13-Mar-22 19:36:56

I'm always calling it boiler juice now

SueDonim Sun 13-Mar-22 19:51:25

We call the fuel we put in our car either buggy juice or jalopy juice, which is what my dad used to call it. grin

Sara1954 Mon 14-Mar-22 06:41:20

Last weekend I bought 500L for £535. On the Monday I bought the same for work at £670, my friend rang that evening to say she had just paid over £1000!
It is coming down, but that doesn’t mean it won’t go up again, I buy 500L per month through the winter, so it’s a worry, but I realise for some families it will be impossible to keep buying it.