Long Island Homeowners Seek Savings through C.O.D Heating Oil Services
June 18, 2008
(Long Island, N.Y.) High heating oil prices are turning the mindsets of thousands of consumers while the tides turn on oil dealers who require long term oil contracts and commitments from their customers. More Long Islanders are ordering home heating oil on a “cash on delivery” (C.O.D) basis in an attempt to save money. While most oil dealers that require a commitment are fair in their pricing, cash on delivery (C.O.D) services are becoming a popular way to order heating oil giving consumers more choices and better competitive prices.
Shopping on-line for home heating oil has increasingly become more popular. A new Internet site called www.codfuel.com lets Long Islanders use its on-line marketplace to purchase discount heating oil virtually choosing their own price per gallon. “There is more flexibility with pricing and payment options with C.O.D oil delivery than ever before; also consumers have the freedom of ordering as much or as little oil as they want. Ordering on a C.O.D basis can save between .50-.90 cents per gallon over the “full service” counterpart.” said CodFuel.com owner John Franco.
High oil prices are not just affecting consumers. Owners of “full service” oil companies are also feeling the punch. Many of these oil dealers are having difficulty getting paid in time from their customers and in return are having difficulty paying their own suppliers. Some oil dealers have renegotiated payment terms and locked in oil prices. They have also added additional late fees, termination fees, fuel surcharges and other miscellaneous fees to their contracts. Even some of the “good paying” customers have gotten burned by some oil dealers who could not provide fuel at the promised price; now forcing the consumer to find oil at a higher price than what was previously negotiated. It’s too expensive for full service oil dealers to play the part of a banker. They just cannot finance the oil at these rates. C.O.D is cut and dry. The oil dealer fills up their truck and gets paid instantly when the oil is pumped into a customer’s tank. This eliminates the risk of consumers getting over inflated oil prices and also leaves room for the oil dealer to provide a discount because there are no payment terms. www.Codfuel.com accepts cash, M/C, Visa, Discover and American Express.
“Ordering oil on a C.O.D basis alleviates many of today’s fears with full service oil. Prices go up and down daily as the market changes but the C.O.D price per gallon always reflects discounted rates. Visit www.codfuel.com today to check current oil prices in your area. It’s fast, easy and free for all consumers” said CodFuel.com owner John Franco.
City government is also increasingly being pinched at the pump, with its gasoline and heating fuel bills soaring nearly 40 percent during the last year. Some analysts are warning that consumers should expect prices to continue to skyrocket in 2009.
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