Make a Choice and Don't Look Back
The answer to that question is never easy and like you we have no way to accurately predict the future price of oil.
On any day we receive at least 3 different “market updates”, 20+ news stories, price watches, etc. We study them to determine if oil is going to go up or down in the future. Yet each technical watch, story/news items seems to have a different prediction of future price moves. Story after story contradicts one another leaving the end user utterly and totally confused!
This is when we get the call… “Hi Hometown, What is going to happen to prices in the future.” Well after all our analysis, education, and experience, we accurately predict the future price of oil about 50% of the time. Thus because we are not clairvoyant, we do not speculate on prices and neither should you!
THere are three main areas m) highlighting three main areas relating to oil pricing:
This is when we get the call… “Hi Hometown, What is going to happen to prices in the future.” Well after all our analysis, education, and experience, we accurately predict the future price of oil about 50% of the time. Thus because we are not clairvoyant, we do not speculate on prices and neither should you!
The 100% best strategy is to do what you can stomach and afford and don’t look back. Any choice has positives and negatives depending on where prices go in the future. Never say … I should of, would of, could of. If we could change our past decisions today, we would have sold our Apple stock and would be sitting on our private island not worrying about the day to day price of oil to heat our homes! For ultimate price security and peace of mind, our recommendation is and always will be to do a CAP Plan.
And remember, whatever decision you make, we are covering your supply on the back end to ensure you always have the product you need in your home when you need it! We are not gamblers so we buy the oil we need and keep our price competitive and low every day.
Links to the Technical / Supply / Weather Information Used by Industry Insiders:
EIA http: //www.eia.gov/petroleum/
Sprague: https://www.spragueenergy.com/action-bar/market-intel
Dennis Burke: http://www.burkeoil.com/value-added-services/energy-market-updates
http://oilprice.com/
On any day we receive at least 3 different “market updates”, 20+ news stories, price watches, etc. We study them to determine if oil is going to go up or down in the future. Yet each technical watch, story/news items seems to have a different prediction of future price moves. Story after story contradicts one another leaving the end user utterly and totally confused!
This is when we get the call… “Hi Hometown, What is going to happen to prices in the future.” Well after all our analysis, education, and experience, we accurately predict the future price of oil about 50% of the time. Thus because we are not clairvoyant, we do not speculate on prices and neither should you!
THere are three main areas m) highlighting three main areas relating to oil pricing:
- Technical data - Geopolitical issues, dollar strength, support and resistance numbers, EIA reports, job reports, etc.
- Supply / Demand- The EIA publishes the weekly energy supply report. Level of each heating product in storage vs what they expected. http://www.eia.gov/petroleum/supply/weekly/
- Weather - NORA supplies forecasts for weather which can drive prices. Last winter barges could not deliver their crude to the refineries in Pennsylvania as the river was frozen due to the extreme cold. Thus prices went up. Extreme cold creating delivery issues = higher prices. http://w2.weather.gov/climate/l3mto.php?lead=1
This is when we get the call… “Hi Hometown, What is going to happen to prices in the future.” Well after all our analysis, education, and experience, we accurately predict the future price of oil about 50% of the time. Thus because we are not clairvoyant, we do not speculate on prices and neither should you!
The 100% best strategy is to do what you can stomach and afford and don’t look back. Any choice has positives and negatives depending on where prices go in the future. Never say … I should of, would of, could of. If we could change our past decisions today, we would have sold our Apple stock and would be sitting on our private island not worrying about the day to day price of oil to heat our homes! For ultimate price security and peace of mind, our recommendation is and always will be to do a CAP Plan.
And remember, whatever decision you make, we are covering your supply on the back end to ensure you always have the product you need in your home when you need it! We are not gamblers so we buy the oil we need and keep our price competitive and low every day.
Links to the Technical / Supply / Weather Information Used by Industry Insiders:
EIA http: //www.eia.gov/petroleum/
Sprague: https://www.spragueenergy.com/action-bar/market-intel
Dennis Burke: http://www.burkeoil.com/value-added-services/energy-market-updates
http://oilprice.com/