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roflyear

Oil heat can be tough, but the prices will go down. I would not change things just as a reaction to these prices...

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There are other reasons: the boiler is from the 1940s (59% efficiency) and the oil tank is at least 30 years old.

It's not pretty if the oil tank leaks...

https://www.youtube.com/watch?v=djpH8pUSpjM

My building had a boiler fire in December with an ancient oil based boiler. Everyone's okay, but it was not fun.

Sounds paranoid. Is your tank indoors? It'll probably outlast you.

It is indoors, you might be right. The tank might also be from the 1940s for all I know. In Canada, you are supposed to replace the tank every 10 years.

The last time oil was this high, the heating bill was $3800 for the year. At that price the decision is easy.

What could happen is we go into more competition for our natural gas with Europe this winter. For sure the price would be much higher. Luckily (for USA consumers) that the Freeport LNG terminal is off-line..

Oh well foo, they soon will be back on line:

https://www.reuters.com/markets/commodities/us-regulator-all...

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