Oil price v logs price

[hardtop110]

Oil down 6% today, Brent at $71.50 versus $110 a few months ago. 5yr low is $70 and it could go through that level as OPEC votes to maintain production. Lots of politics here as Russians highly dependent upon oil revenue and under pressure from sanctions over Ukraine too.

 

So, either folk are going to have more cash available for luxury logs, OR those that are more utilitarian in their use and can heat with logs or oil, may switch to using more oil.

 

And are you reducing your transport prices as diesel is cheaper at the pump?

 

Whaddya think?

[Logsnstuff]

I do free delivery so I would have to pay them to let me deliver.

[Old WoodChip]

Do you really think the price of fuel will drop enough to make a difference, cost per barrel is almost half so the pump price should be the same!!

Some may not remember when the price of Lamp dropped, you could pick one up at market for £1. Yet the supermarkets still charged the same and robbed us blind

Dont be conned, we are robbed

[elder]

No reduction in round wood price, so no reduction in logs, heating oil down to 44ppl. Ours is free delivery to

[Mortimer Firewood]

Do you really think the price of fuel will drop enough to make a difference, cost per barrel is almost half so the pump price should be the same!!

Some may not remember when the price of Lamp dropped, you could pick one up at market for £1. Yet the supermarkets still charged the same and robbed us blind

Dont be conned, we are robbed

 

So because the price of oil has gone down you think the government is going to give you a tax rebate.

For every pound you spend at the pump 85p goes to the treasury so the drop in crude is been reflected at the pump.

[gensetsteve]

I think the weather is keeping sales steady most people will use their fires and wood burners for effect when the weather turns cold. Nature always compensates so if it's unusually warm and wet it normally means in the next 24 months it will be cold and dry at some time

[loskie]

No reduction in round wood price, so no reduction in logs, heating oil down to 44ppl. Ours is free delivery to

 

 

 

Is it down as much as that? I pulled out my old rayburn 18m ago and the last time I bought oil for that it was at 83p ish I think.

 

That's some drop.

I miss the Rayburn but the running costs were too high.

[Logsnstuff]

I have only a dozen or so customers who rely on wood for heat, majority of my customers only use the fire for effect, they are all on gas/oil so I don't expect the price to alter my sales much.

[Peasgood]

I think most folk switched to gas around here a good while ago. Some of the out of the way places still use oil but not so many.

[gensetsteve]

oil gas and electric tend to compete so if oil drops so will gas otherwise everyone starts back on oil