I had my book-club partners over for our monthly get-together last week. Although it was cold and windy outside, the sun flooded through the windows of my dining room and warmed our bodies and our spirits. In that toasty, cozy atmosphere, surrounded by good friends, the conversation naturally turned to--the price of heating oil.
Why, asked Karen, is heating oil more expensive than gasoline? With gasoline prices below $2 a gallon, the retail price of home heating oil in the Northeast is about a dollar more expensive. It doesn't make any sense, Karen said.
I had to admit I was stumped for a good answer, so I did a little research.