Irving Oil Rack Price

You can set up a budget for 12 months starting in june or simply use the net 30 program and pay as fuel is delivered within 30 days.

Irving oil rack price.

The price is the average of daily rack pricing from saturday to friday effective the next saturday. Your price is calculated by adding the rack price irving energy s fixed adder on the day of delivery. Weekly heating oil and propane prices are only collected during the heating season which extends from october through march. The fuel club recommends this pricing for best value.

Due to updated weighting methodology national and regional residential heating oil and propane prices from october 2009 to march 2013 have been. Pricing information is presented in per btu british thermal unit format in order to give consumers an idea of the true cost of the fuel per unit of heat. The price can vary from terminal to terminal and depends on the cost of crude oil and related refining costs. This calculation is based on conversion factors provided by the us energy information agency.

A gas station located far from a terminal is going to pay a higher fuel rack price than one located just down the street. Fuel price in dollars fuel price dollars per million btu cord wood 275 cord 12 50. 100 liter 2 837 bushel heating oil price per 1 bushel 10 05 usd 100 liter 0 1 m. Opis is the oil industry s rack price benchmark.

W withheld to avoid disclosure of individual company data. Heating oil is a safe and efficient heating option that provides a cozy warmth for your home and family. Prices are updated at approximately 3 00 am est edt. It burns at a high temperature so it heats your home and water very quickly.

As an independent wholesale price reference the industry relies on our benchmark rack. Terminal rack price postings are effective midnight local time for the locations listed on the date cited above for freight on board fob or pick up of product at terminals listed. Conversion heating oil price price. Natural gas 0 776 1 67 therm 1 7 76 16 70.

Na not available. The rack price also depends upon the distance between the fuel retailer and wholesale terminal. Opis pioneered rack price discovery over 30 years ago bringing visibility into an obscure marketplace. A gallon of oil when burned will produce a different amount of heat than a ton of wood.