Irving Oil Rack Price

The fuel club recommends this pricing for best value.

Irving oil rack price.

Conversion heating oil price price. Fuel price in dollars fuel price dollars per million btu cord wood 275 cord 12 50. A range of products in addition to offering hd 5 grade propane at our auburn facility we can provide you with reliable supply of a full range of quality products including heating oil from our other terminal locations throughout new england. Heating oil is a safe and efficient heating option that provides a cozy warmth for your home and family.

W withheld to avoid disclosure of individual company data. The price is the average of daily rack pricing from saturday to friday effective the next saturday. It burns at a high temperature so it heats your home and water very quickly. Opis pioneered rack price discovery over 30 years ago bringing visibility into an obscure marketplace.

Are based on opis rack benchmarks. The price can vary from terminal to terminal and depends on the cost of crude oil and related refining costs. Your price is calculated by adding the rack price irving energy s fixed adder on the day of delivery. Today billions of gallons of gasoline and diesel sold in the u s.

Weekly heating oil and propane prices are only collected during the heating season which extends from october through march. As an independent wholesale price reference the industry relies on our benchmark rack. 100 liter 2 837 bushel heating oil price per 1 bushel 10 05 usd 100 liter 0 1 m. A gas station located far from a terminal is going to pay a higher fuel rack price than one located just down the street.

This calculation is based on conversion factors provided by the us energy information agency. Due to updated weighting methodology national and regional residential heating oil and propane prices from october 2009 to march 2013 have been. 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. 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.

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. A gallon of oil when burned will produce a different amount of heat than a ton of wood. Na not available. Opis is the oil industry s rack price benchmark.