We got our oil contract today for winter what do you think

[shelby2001]

For the last few years we have been on a contract with the oil company to lock in at a specific price per gallon. Last year was $2.19 this year they are offering $2.79 a gallon what to you guys think? Do you all think oil is going to be $3.00 per gallon this coming winter?
Thanks for any thought you have on this I'm on the fence as to taking the contract or pay the going rate.
Shelby

 

[Laurajean1014]

I don't know what the future will be, but I think $3.00/gallon is going to be the norm, so it looks like a good price.

 

[shelby2001]

Thanks, I'm just in shock about this, the thought of having an oil bill of $434.00 a month from Nov through April geese I really hate winter.