The low prices of crude oil is benefitting American households dramatically. Heating oil has dropped to the price of $2 a gallon. With the low price of heating oil, people are saving about $10,000 a year.
There may be a collection price the amount the vendor establishes at slightly lower than a closed-in value. The consumer will pay this amount unless the price of heating oil decreases, then the low volume will be paid by him.
The increase in the special consumption tax on heating oil introduced last year failed to bring in anticipated revenues. The tax hike - intended to boost state coffers and to curb the illegal fuel trade - led to a drop in demand of around 70%. The majority of Greek households opted against purchasing heating oil last winter because they could not afford to pay the 1.35-1.45 euros per lt that it was being sold for. Thousands of homes went without central heating last winter as a result.