Choosing Heating Oil For Your Home

Homeowners have long debated what fuel is best for their heating needs. Heating oil offers many advantages, but it is subject to the fluctuations of the oil market. However, the price of oil has dropped steeply in recent months, meaning heating oil is a better choice than ever before. If you are considering switching to heating oil, now is an excellent time to do so. 

Price

At the beginning of 2016, the price of a barrel of oil had dropped to less than $30.00. Not too long ago, oil was around $100 per barrel and had been there for some time. The price drop is due to a higher level of oil production, especially in the US, and lower global demand. Experts expect this trend to continue, with oil prices dropping to as low as $20 per barrel. In short, you can expect heating oil to be extremely affordable for the foreseeable future. Since price volatility was one of the main disadvantages of this fuel, it is now one of your better bets for affordable heating. 

Environment

You may be surprised to learn how environmentally safe heating oil is. Due to advances in technology, oil releases almost no emissions into the atmosphere. In some instances, the oil is blended with biofuels that make heating oil an even better option for the environment. Heating oil compares quite favorably with natural gas, which produces 18% of the world’s methane emissions. In reality, heating oil is quite green when used properly.

Effectiveness

Over 28 million US residents use heating oil in large part because of its high-performance level. Heating oil is an effective and efficient fuel. In fact, the efficiency level is between 85% and 95%. This statistic means that almost all of your heating expenses actually produce warmth for your home. No other fuel delivers that level of efficiency.  Heating oil also burns at a much hotter level than natural gas, meaning your home gets warm and comfortable quickly. 

Choosing heating oil for your home makes more sense now than ever. Not only are gas prices down at the pump, the price of all oil products have dropped and should continue to drop. Home heating oil is an affordable and efficient choice for your home. In addition, you can feel good about its effect on the environment. Technological advances have made heating oil much cleaner and greatly lessened its negative impact on our planet. You would be wise to take advantage of all the benefits heating oil offers. For more information, tlak to a professional like Fox Fuel Co.