Volatile Prices Make Buying Heating Oil A Slippery Move

Carolyn Hunter always had a ready answer for folks who would ask her for advice on when to buy their home heating oil.

Hunter, co-owner of Hunter Petroleum in Carmel, N.Y., used to tell customers to place their orders during the summer because that’s when prices were at their lowest.

But that was before this year, a year when oil prices seem to be breaking all the rules.

“Normally, my response is wait until July and buy, but I don’t know any more,” Hunter said. “I don’t know what’s going on.”
The Detroit News