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A heating oil futures contract is 1000 US barrels, or 42,000 gallons.

A semi with a oil tank holds 5,000 gallons, so one futures contract equals seven truckloads of oil.

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12y ago

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When you choose future contract over forward contract?

When there isn't an active market for the forward contract. Generally, Futures contracts have a much more active open market than forward contracts and have alot more choice in terms of expiration months than forward contracts.


How significant is a retirement calculator?

Retirement calculators can be very beneficial as they will calculate how much money is needed to retire comfortably. With this information one can plan for their retirement future.


What is an HVAC Load Calulation?

HVAC Load Calculation is a formula used by a contractor salesmen that determines the proper tonnage size of heating and cooling systems to be installed in Residential or Commercial applications. The formula is used to calculate the total cooling and heating BTU'S (British Thermal Units) for the proper values of determining the correct tonnage to be installed in HVAC applications. Tonnage is the size of the HVAC system. Without this Load calculation the wrong tonnage could be installed and it causing to much humidity in the summer in cooling season and not enough heating in the winter season. Also the HVAC system may never stop running to reach the proper temperature that the thermostat is set for. Thus causing high electricity out of pocket cost.


How much does it cost to heat a 3500 square foot home?

The cost to heat a 3,500 square foot home can vary widely based on factors such as the type of heating system, local energy prices, insulation quality, and climate. On average, homeowners might spend anywhere from $1,500 to $4,500 annually on heating costs. Using a more energy-efficient system and proper insulation can help reduce these expenses significantly. For a precise estimate, it's recommended to analyze local energy rates and home specifics.


Is insurance test harder than series 6?

Usually not. If you have a business degree or much common sense you can probablydo well with little studying. Of course it will depend on the state as well since each state handles their own licensing procedures. Many contract out to companies who handle testing and renewals for several states also.

Related Questions

How much does a heating oil truck weigh?

a heating oil truck with a capacity of 5,000 gallons weighs roughly 80,000 to 95,000 lbs


How long does 70 gallons of heating oil last?

The duration that 70 gallons of heating oil will last depends on the efficiency of the heating system, the size of the space being heated, the local climate, and usage habits. On average, 70 gallons of heating oil can last anywhere from 1 to 2 months for a moderate-sized house.


What can help my cramps from hurting so much?

What an ordeal. If it is something such as a charlie horse, you should apply an ice pack for 10 minutes and then a heating pad. The ice allows it to contract and the heating pad allows the muscles to release.


How much oil does an average family use?

The average family's oil consumption can vary widely depending on factors such as location, home size, and heating methods. In the U.S., a typical household using heating oil may consume around 500 to 1,000 gallons per year for heating purposes. Additionally, if considering gasoline for vehicles, an average family might use around 1,000 to 1,500 gallons annually, depending on driving habits. Overall, an average family's total oil usage can range from around 1,500 to 2,500 gallons per year.


When you choose future contract over forward contract?

When there isn't an active market for the forward contract. Generally, Futures contracts have a much more active open market than forward contracts and have alot more choice in terms of expiration months than forward contracts.


How much is 144 cups in gallons?

9 gallons


Does Future Publishing require any commitments?

Yes. Future Publishing will make you sign a contract. Publishing companies like that, are pretty much a fraud and you could make a lot more by paying to publish yourself.


How much does 32 qt have in gallons?

32 quarts is 8 gallons.


How much US gallons is 100 000 imperial gallons?

100,000 Imperial gallons = 120,095.042 US gallons.


How much would 200 pints be in gallons?

25 gallons


How much gallons is 43Liters?

43 liters = 11,3594 gallons


How much gallons is 1200 ml?

0.3170065 US gallons.