The Best Time of the Year to Purchase Heating Oil
People often ask when is the best time of the day to purchase gasoline for their vehicle but you don’t see that question asked as often when it comes to purchasing heating oil for your home. Surely, we all care about the maintenance of our homes just as much if not more than our cars, right? That’s why we’re going to tell you how you can save money by purchasing heating oil at the perfect time of the year.
Fluctuating Oil Prices
Some people don’t have a clue what goes into influencing the prices of oil and we can’t blame them for that. Economics is a pretty vast subject, but you don’t need to be an expert to understand a few basic principles about fluctuating oil prices. The best way to think about oil prices is to apply them to the seasons. When you think of it that way, it becomes surprisingly simple.
Take winter for example. Since this is the coldest time of the year, the demand for heating oil will go up and therefore so will the price of heating oil. You will typically see heating oil prices beginning to rise in the end of fall and see them peak in winter. In other words, the coldest months of the year are when purchasing heating oil will put the biggest dent in your wallet.
If you want to top off your tank and even buy a little extra reserve in bulk, then late spring and summer time will be the best time purchase heating oil. It may seem a little excessive to some but it will save you both time and money in the long run. Not only are prices higher in the cold months, but so is demand. Stocking up months in advance will save you the hassle of having to deal with many other people also purchasing heating oil during the busy winter days.
Spring and Summer are the Best Times to Purchase Heating Oil
You don’t need to worry about oil going bad either. Heating oil can last up to two years when it is stored properly, so it will definitely be good to use if you stock up in July and continue using it all the way into December and beyond.
While purchasing oil before late fall is a good way to save money, it certainly isn’t the only method available to you. Some oil companies offer equal payment plans in bundles that will have you paying the same lower prices, even during the typically more expensive winter season. If you know that you are going to need to refuel on heating oil in a few months, this would be a fantastic way to prepare yourself for harsh snowy days in advance as well as potentially save a few hundred dollars.
Like many things in life, timing is everything. Make sure you purchase heating oil for your home at the right time so that you – and your wallet – can have as comfortable a winter as possible.
Contact Van Doren to Purchase Heating Oil
Van Doren Oil Company is one of the most equipped oil companies in NJ to handle any oil heat system service or heating oil delivery. We have a dedicated full-time staff which enables us to provide the consistently high level of service our oil customers have come to expect. Give us a call (908-534-2125) or contact us to purchase heating oil today!