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Cost of living

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Heating oil has gone down 32% in 2 years

4 replies

KievLoverTwo · 16/09/2024 01:53

Because we are in the countryside we don’t have gas. I get a weekly oil price and have been shocked at it falling weekly in September. So I scrolled back to the same week in 2022 and the price has fallen by 32% since the same week then.

Usually I would expect it to be creeping slowly up towards 85p a litre during this month. It is currently under 54p.

People not using Kerosene generally reflects people using less electric and gas too.

So the energy companies may have pumped up the prices again this winter, but I have a feeling they are going to be in for a nasty shock when people just turn everything off, and their projected income plummets.

I bloody hope so. Except that is likely to come back on the consumer anyway :(

(oil was £1.30 a litre when Russia invaded Ukraine, it was insane).

Oh, and I noticed petrol is back down to £1.33 a litre now too.

What are your winter plans for energy and petrol use?

OP posts:
H0rseCulture · 16/09/2024 18:46

Bought oil in August, hopefully cheaper than buying it in the winter

veritasverity · 16/09/2024 19:24

Not on oil Sad completely reliant on our wood burners for heating. Hot water is a combo of wood burner in the winter, and electric in the warmer months when it's too hot for the burner to be going. We have an outside solar shower, but it's only been used a handful of times this summer as it's been so blitheringly cold!

Chasingsquirrels · 17/09/2024 18:31

Interesting, I'll be checking my levels!
When I moved here in 2001 it was 18p a litre.

Trumpton · 17/09/2024 19:06

Rural island life here. All suppliers charge the same. We used about an average winter and summer of 65 litres a week. But we had new boiler fitted 2 years ago and our consumption has dropped from roughly 3000 ltr per year to 2000 litres per year.
1998 21p
1999 27p
2000 27p
2001 22p
2003 24p
2005 33p
2006 39p
2007 45p
2008 70p
2009 45p
2010 55p
2011 67p
2012 65p
2013 70p
2014 54p
2015 43p
2016 44p
2017 47p
2018 60p
2019 58p
2020 46p
2021 57p
2022 96p
2023 83p
2024 84p
My plan is to wrap up warm. DH just whops the heating on!

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