Oil companies telling customers not to lock in
Many Long Island oil companies are recommending their customers pay market price this winter and not lock into a fixed rate, unlike last year.
Dennis Traina, owner of Tragar Oil, says it?s very likely prices will fall so he?s telling customers not to lock in. He says last year 90 percent of his customers paid a fixed price, whereas this year that number?s only about 10 percent.
Still, some customers say they prefer the security of a fixed-price option.
The federal government will release its winter fuel outlook report Tuesday.