They tell us that with this most recent turmoil in the Middle East that the cost of home heating oil could reach five dollars a gallon. Our house is drafty and this would be an extreme addition to our expenses. We have some friends that have a wood chip system and feel strongly that it offers a better and more economical heat.
I am intrigued by the idea, however there are considerations. What are the costs of installation, do they need a chimney to vent, or can you vent thru a wall. Surely the heat would be warmer, the trouble with the cost of oil is with the cost the necessary conservation makes it hard to be warm, not freezing yes, but certainly not warm.
Then of course there is the question of storage of chips, movement of chips etc. We have two boys but my ability is limited to do anything physical. We will have to give some serious thought to this subject this summer.
I do not see anything happening to make the Middle East more stable long term and if one of the big dominoes ever fell we would have a serious oil shock.
It is a concern we all need to be thinking about.
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