Choosing the right moment to lock in fuel prices

CORNWALL — Like many other individuals and entities, town officials are carefully biding their time on locking into a heating fuel bid for the coming winter. The price for a barrel of crude appears to have hit its peak and began sliding downward this week.

But there is not a lot of optimism that it won’t eventually climb back up, or even go higher.

With lock-in prices in the region soaring to well over $4 a gallon, it has seemed pointless to lock in.

First Selectman Gordon Ridgway said the town has quotes from Scasco and the consortium that the Region One school district belongs to. The latter is 40 cents lower, at $4.20.

Cornwall has not purchased through the consortium before, and there was discussion at Tuesday’s board meeting about the ability to get companies to offer service contracts if they are not providing the oil. But, it was noted, the town does not currently use service contracts for any of its buildings. It relies on local plumbing and heating concerns to perform regular maintenance and repairs.

The latest word from Region One is a potential consortium price of $3.75. That was the popular guess during the budget-making season. A 30-cent increase in one day alone in June dashed those plans, and illustrated how unpredictable the market for oil is right now.

It’s all about timing.

A new consortium price is expected in early to mid-September, and so the selectmen will wait. Town building fuel oil use totals about 10,000 gallons for the heating season. The potential to save, or lose, will likely be in the range of thousands of dollars.

Seeking members for a fuel coalition

CORNWALL — The Cornwall Energy Task Force is seeking households interested in joining a fuel cooperative for the winter. A price cannot be determined until the number of members is established and a contract negotiated with a supplier. Anyone interested should call Ray Fontaine at 860-672-6293 or the selectmen’s office at 860-672-4959.

Help available through fuel fund

CORNWALL — The coming heating season is going to be a tough one for many residents, and those who can afford to are asked to make a donation to the Cornwall Fuel Fund. Checks should be made payable to the town of Cornwall, designated for fuel, and sent to PO Box 97, Cornwall CT 06753.

Latest News

Love is in the atmosphere

Author Anne Lamott

Sam Lamott

On Tuesday, April 9, The Bardavon 1869 Opera House in Poughkeepsie was the setting for a talk between Elizabeth Lesser and Anne Lamott, with the focus on Lamott’s newest book, “Somehow: Thoughts on Love.”

A best-selling novelist, Lamott shared her thoughts about the book, about life’s learning experiences, as well as laughs with the audience. Lesser, an author and co-founder of the Omega Institute in Rhinebeck, interviewed Lamott in a conversation-like setting that allowed watchers to feel as if they were chatting with her over a coffee table.

Keep ReadingShow less
Hotchkiss students team with Sharon Land Trust on conifer grove restoration

Oscar Lock, a Hotchkiss senior, got pointers and encouragement from Tim Hunter, stewardship director of The Sharon Land Trust, while sawing buckthorn.

John Coston

It was a ramble through bramble on Wednesday, April 17 as a handful of Hotchkiss students armed with loppers attacked a thicket of buckthorn and bittersweet at the Sharon Land Trust’s Hamlin Preserve.

The students learned about the destructive impact of invasives as they trudged — often bent over — across wet ground on the semblance of a trail, led by Tom Zetterstrom, a North Canaan tree preservationist and member of the Sharon Land Trust.

Keep ReadingShow less