Opis is the oil industry s rack price benchmark.
Irving oil rack price.
The rack price also depends upon the distance between the fuel retailer and wholesale terminal.
A gallon of oil when burned will produce a different amount of heat than a ton of wood.
It burns at a high temperature so it heats your home and water very quickly.
Pricing information is presented in per btu british thermal unit format in order to give consumers an idea of the true cost of the fuel per unit of heat.
A gas station located far from a terminal is going to pay a higher fuel rack price than one located just down the street.
A range of products in addition to offering hd 5 grade propane at our auburn facility we can provide you with reliable supply of a full range of quality products including heating oil from our other terminal locations throughout new england.
Prices are updated at approximately 3 00 am est edt.
The fuel club recommends this pricing for best value.
Natural gas 0 776 1 67 therm 1 7 76 16 70.
Due to updated weighting methodology national and regional residential heating oil and propane prices from october 2009 to march 2013 have been.
Terminal rack price postings are effective midnight local time for the locations listed on the date cited above for freight on board fob or pick up of product at terminals listed.
This calculation is based on conversion factors provided by the us energy information agency.
Weekly heating oil and propane prices are only collected during the heating season which extends from october through march.
W withheld to avoid disclosure of individual company data.
Today billions of gallons of gasoline and diesel sold in the u s.
100 liter 2 837 bushel heating oil price per 1 bushel 10 05 usd 100 liter 0 1 m.
Conversion heating oil price price.
Your price is calculated by adding the rack price irving energy s fixed adder on the day of delivery.
You can set up a budget for 12 months starting in june or simply use the net 30 program and pay as fuel is delivered within 30 days.
Heating oil is a safe and efficient heating option that provides a cozy warmth for your home and family.
Are based on opis rack benchmarks.
The price can vary from terminal to terminal and depends on the cost of crude oil and related refining costs.
The price is the average of daily rack pricing from saturday to friday effective the next saturday.
Opis pioneered rack price discovery over 30 years ago bringing visibility into an obscure marketplace.
