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1/22/2011 - Heating Oil Prices - Oil Group Price Protection

Heating oil prices vary from one company to another; find more stability with oil prices in your neighborhood by purchasing with an oil buying group.

Heating oil prices change rapidly throughout the trading day leaving most consumers helpless against the oil markets volatility.  Finding heating oil prices in your neighborhood could be a painstaking task.  

Pilgrim Oil together with oil for less is changing the face of the heating oil industry through  group purchasing.  Group purchasing is an entity that is created to leverage purchasing power of a group of customers to obtain discounts based on collective buying.  One aspect of the group is to make sure heating oil prices are monitored on a continual basis so that members are always receiving the lowest heating oil price.

Oil demand is seasonal, there is an inbalance between heating oil prices in the summer and winter months.  Demand for heating oil is low in the summer months and as inventories build up, downward pressure is exerted on heating oil prices.  As demand begins to increase in the winter months and the temperature drops, heating oil prices are pulled in the opposite direction.  

When you become a member with Pilgrim Oil, you are under the umbrella of protection against heating oil prices being artificially inflated.  With Pilgrim OIl there is a predetermined margin price with distribution based on the NYMEX to avoid these issues.

Becoming a member Pilgrim Oil Group member has its privileges: heating oil prices, margin assurance, service contracts, energy efficiency testing, and so much more.