Fuel poverty in Northern Ireland has been at its highest level for quite some time, but with heating oil prices in Northern Ireland at a 16 month low many households are taking advantage of the global decline of oil prices.
The average heating oil price for 900 litres in Northern Ireland is around £480.00, this represents a saving of almost £75.00 compared to the price for the same 900 litres in December 2011, which would have cost domestic heating oil users around £555.00.
Oil consumers that fill their tanks in winter should re-think how and when they purchase their home heating oil. The demand for heating oil usually peaks in winter and prices are usually at their highest, so home owners should instead plan to buy their oil during the summer months when the prices are traditionally much lower.
If you have space in your oil tank, check the heating oil prices in your area at BoilerJuice.com – where you can get a free instant quote 24/7/365 days a year.
Because the oil reserves around the world are said to be dwindling, many of us are constantly hearing about how we need to look for an alternative to heating oil. And because the prices of this fuel are so unsteady, many people are also getting fed up about the way they are being held to ransom by the oil companies. It is when we most need this precious commodity that the prices sky rocket; these companies make huge profits of other people’s misery. The sad thing is that there are elderly people being forced to choose between paying for food or fuel in the middle of winter. When most people hear about this they feel deeply ashamed about the world that we live in and it gives the a reason not to be too bothered about heating oil.
It would seem then that the days of using heating oil as a way to keep our homes warm are numbered. Resources are dwindling and if things continue as they have been then most of us won’t be able to afford this fuel soon. Hopefully a new renewable, reliable fuel will be available for us to use to heat our home which won’t cost us a fortune.
However there are plenty of other people who do not think that the future of heating oil is all doom and gloom. Many of these people are in fact predicting that heating oil is actually going to become more popular than it ever way. It could be that heating oil actually becomes renewable and cheap. At the moment there is so much research going on to find ways to create heating oil without using crude oil. Recyclable cooking oil could be on the cards as a way to heat our homes. There are lots of alternatives to crude oil and the best of all is that these can be renewed indefinitely.
Getting your house heated up during winter can be hugely costly. Fuel such as electricity and gas show no indications of decreasing in price. Knowledgeable persons are changing over to oil as a home fuel though. Most cost effective heating up oil help make sure the nations oil tanks remain full. Suppliers can be found from coast to coast, and, as an example, will supply heating oil NI across the country through internet sites like Boiler Juice. You can also find out about red diesel.