molocka12 Posted October 1, 2005 Share Posted October 1, 2005 In my area Long Island NY I purchase gas this morning at $2.79 a gallon. I also went on line to purchase home heating oil 50 gallons was $2.77 per gallon. 200 gallons at $2.43 per gallon. I was always under the impression, that gas was more expensive do to the fact that it took more steps to refine than home heating oil. Is it possible, that oil will cost more than gas this winter do to demand? If so why year after year no one can figure out the summer demands for gas & the winter demmand for oil? Quote Link to comment Share on other sites More sharing options...
Lexusfreak Posted October 1, 2005 Share Posted October 1, 2005 Is it possible, that oil will cost more than gas this winter do to demand?If so why year after year no one can figure out the summer demands for gas & the winter demmand for oil? ← It's very possible that might occur. :( Not sure what you mean by the second part of your point........demand always is higher for gasoline in the summer & heating oil for the winter. Perhaps it's best to invest in home heating oil & gasoling (stocks I'm talking about now) during the 'off season' for these commodities to offset the costs for these during 'peak' time for demand. Quote Link to comment Share on other sites More sharing options...
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