As I said before $4 heating oil

 
Qtown1835
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Post by Qtown1835 » Fri. Apr. 27, 2018 12:47 pm

I will shut the boiler down once this hopper runs out. It costs me $30-35/mo to run the 80 gal electric tank. I burn about 25-30#/day coal maintaining hotwater and keeping boiler lit. It does not make sense to keep it going over the summer. Oil boiler uses ~30-40gal a month keeping the water hot


 
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Post by k-2 » Sun. Apr. 29, 2018 7:39 pm

Got about 250 gallon in a 1000 gal underground tank. Only use it for backup but sometimes in shoulder season where you only need heat for an hour on a chilly morning. No sense firing up the k-2 just for that. My other backup heat source is a wood stove i use if i have time. Got more wood laying around than i know what to do with ,so thats an incentive to use that.

 
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Post by k-2 » Sun. Apr. 29, 2018 7:45 pm

Qtown1835 wrote:
Fri. Apr. 27, 2018 12:47 pm
I will shut the boiler down once this hopper runs out. It costs me $30-35/mo to run the 80 gal electric tank. I burn about 25-30#/day coal maintaining hotwater and keeping boiler lit. It does not make sense to keep it going over the summer. Oil boiler uses ~30-40gal a month keeping the water hot
Same here Qtown, plus i like a vacation from fiddling with ashes not to mention its (the K-2) a heat monster under my kitchen i can do without in summer. I reduced my water heating cost to about $10 a month with a HPWH so i have to take advantage of that.

 
Qtown1835
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Post by Qtown1835 » Sun. Apr. 29, 2018 8:15 pm

k-2 wrote:
Sun. Apr. 29, 2018 7:45 pm
Same here Qtown, plus i like a vacation from fiddling with ashes not to mention its (the K-2) a heat monster under my kitchen i can do without in summer.
Same. I have maybe a day or so left in the hopper and it curtains for the K4 till the fall.

 
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Rob R.
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Post by Rob R. » Sun. Apr. 29, 2018 8:18 pm

I am right down to the auger. Going to shut it off before I go to bed. Fuel truck is coming tomorrow.

 
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Post by coalnewbie » Sun. Apr. 29, 2018 8:55 pm

Rob, what happened to the heat pump?

 
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Rob R.
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Post by Rob R. » Sun. Apr. 29, 2018 9:44 pm

It is ready to go. I burn heating oil for DHW and some zones that the heat pump doesn't reach very well.


 
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BigBarney
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Post by BigBarney » Mon. Apr. 30, 2018 10:11 am

The one thing that this article misses is that in the future more of

our electricity will be decentralized to many small producers and

even single houses with their own electric supply. Many more

will not be tied to the grid at all.

The companies tried to get the nuclear and coal plants into the

base rate for the same reason , to be able to sell the more costly

electric in the rate tariff and raise the prices for all electric. They

did not succeed .


BigBarney

 
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Post by coalnewbie » Mon. Apr. 30, 2018 3:08 pm


 
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BigBarney
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Post by BigBarney » Mon. Apr. 30, 2018 11:06 pm

Quotes directly from the ISO report...

"As we saw in Power Trends 2016, year-over-year growth in the overall usage of electric
energy from New York’s bulk electric system continues to be flat or to decline slightly over the
next decade."


" where the expansion of clean energy
resources is unable to reach downstate load centers, suppressing upstate wholesale prices
to the point where the economic viability of generation needed for reliability is jeopardized."

" it will deliver energy produced by
homeowners and businesses that can support local system needs,
whether on “blue-sky” days with moderate energy demand or in
times of constraints and severe weather."

"Distributed solar resources and other behind-the-meter resources are also
reducing demand for power from the bulk electric system as consumers install on-site systems
to meet some portion of their electricity needs."


All these quotes point to lower demand and more distributed energy in the future and

the retirement of many of the older fossil fuel plants , being replaced by solar and wind.

There is no turning back the future is here. This report verifies the change is in the air ,

wind and sunshine , leaving fossil fuels behind in power production.

A report this large requires a lot of study to really understand , and it is very similar to

the PMJ report , since they are the largest ISO.

BigBarney

 
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Post by coalnewbie » Fri. May. 04, 2018 5:29 pm

A little thread drift here. Take your pick:

https://oilprice.com/Geopolitics/International/Ei ... rging.html

Got coal? Henry Hub prices soaring today as todays bet is Iran. Who knows tomorrow? I got 8 chances to be right. Please note I did not stay in a HIE last night nor am I a commodity dealer but I did play at OTB once.

 
coalnewbie
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Post by coalnewbie » Mon. May. 07, 2018 5:20 am

So remember my basis of NYSERDA pricing. IF you are paying less then fine but the point is is that if the NYSERDA guide goes up 19% your price will increase the same amount. What do the experts say. Let's look at a 6 months ago expert price guide ...

https://community.oilprice.com/topic/1966-wall-st ... -75-brent/

Yep, no one was even close to right then or now. The point of all this is do not trust HO prices for the near future. Got coal?

You have to figure in the BB factor where he converts everyone to battery cars and nobody needs oil..... haahahahahha. I am a riot.

 
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Post by franco b » Mon. May. 07, 2018 9:25 am

coalnewbie wrote:
Mon. May. 07, 2018 5:20 am
Yep, no one was even close to right then or now. The point of all this is do not trust HO prices for the near future. Got coal?
I remember you being absolutely right in predicting the price drop well ahead of time. Good thing you are not an "expert", which makes your prediction more reliable.

 
coalnewbie
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Post by coalnewbie » Mon. May. 07, 2018 11:58 am

I did pick Justify and made $100. If you want to pick a horse race winner ask FF or me. You can often just see a horse that is set to win as they parade pre race. Picking oil prices is easy. Just ignore the experts and ask someone on this coal board (as usual).

 
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Post by Rob R. » Mon. May. 07, 2018 12:05 pm

I got my bill today, $2.68 per gallon for last week's delivery.


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