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Gas vs Oil Fuel Costs

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PS_2
PS_2 Member Posts: 14
Some posters' actual costs over time for using natural gas and oil were posted on another thread, and a thread where others could post their actual fuel costs would be interesting to many who frequent The Wall. It may help some who have questions about which fuel (from a unit cost basis)is more affordable. Of course, different equipment,system configurations, etc will probably have more impact than the fuel used when determining final cost effectiveness.

Of course, the disclaimer that past performance (or price)is not an indicator of future performance holds true here - but seeing pricing and trends from various regions of the country may be enlightening.

The following is my natural gas costs using it year round(HW Boiler & IDWH @ 100,000 Btu/therm)from Central MA:

2004: $1.29/therm = $12.90/MMBtu
2005: $1.64/therm = $16.40/MMBtu
2006: $1.68/therm = $16.80/MMBtu
2007: $1.65/therm = $16.50/MMBtu
2008: $1.58/therm = $15.80/MMBtu (Fixed supply cost option)

Another poster from Boston had the following:
2004-2005: $1.48/therm = $14.80/MMBtu
2005-2006: $1.83/therm = $18.30/MMBtu
2006-2007: $1.79/therm = $17.90/MMBtu
2008: $1.75/therm = $17.50/MMBtu

Oil prices (not based on actual usage costs & using 138,700 Btu/gal #2 oil) for MA were:
2005: $1.90/gal = $13.60/MMBtu
2006: $2.40/gal = $17.30/MMBtu
2007: no change
2008: $3.30/gal = $23.70/MMBtu

What are the prices (past & present)you're paying for oil or gas? Is it year round or heating only?

Comments

  • Don_189
    Don_189 Member Posts: 5
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    propane - southern NH

    I use propane. For over 700 gals annual usage (I use about 900 gals) I pay $1.89 per gal. This is a good price, due to participation in an energy co-op which negotiates a fixed price each year.
    Given that propane has about 2/3 the energy density, this equates to about $3.00/gal oil. Not sure what the conversion is to NG.
    If I used less than 700 gals/yr, the price would jump over $.30 per gal.
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