There is no such thing as a crystal ball that is infallible for determining which direction crude oil prices will head in 2017. It is important to try to forecast this, however, so you can time your furnace oil delivery at the point it is the most cost effective for you. If you top off the tank and the prices go down, you will have wasted money. However, if you wait and they go up, it is going to hit your wallet harder.
For the most part, crude oil prices have been increasing for a number of years. Many geopolitical events could further exacerbate that increase. While most analysts do not think the political upheaval overseas will bring about record-high prices like those back in 2008, there are some that warn potential is there. The one thing that analysts do agree on is that it is unlikely crude oil prices will drop.
It is for this reason that our general advice for furnace oil delivery is to keep as much fuel on hand as possible, filling up while the prices are still lower. Keeping an eye on prices will let you gauge those short windows when prices could be more favourable. It may take a bit more effort on your part, but could make the winter a bit more comfortable.
You can always count on our help at Collingwood Fuels to get the best furnace oil delivery prices possible. We welcome your call to find out what the current prices are so that you’ll know what to expect. Remember, it isn’t just about price when selecting a furnace oil delivery company. When you factor in our 36+ years of experience, 24 hour emergency service, and excellent customer service record, you’ll see we’re your best option for furnace oil delivery in the Collingwood and Wasaga Beach, Ontario area.