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Board selects Buell Fuel for 2025 fuel oil and kerosene amid pricing concerns

Town Board of Long Lake · October 30, 2024
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Summary

After reviewing three bids and citing volatile market conditions, the board awarded the 2025 #2 fuel oil and kerosene contract to Buell Fuel at fixed prices of $2.7425/gal and $3.3750/gal, respectively.

The Town Board on Oct. 30, 2024, awarded the 2025 #2 fuel oil and kerosene delivery contract to Buell Fuel, accepting fixed prices of $2.7425 per gallon for #2 fuel oil and $3.3750 per gallon for kerosene. The minutes note three bids were opened and presented by 1st Deputy Town Clerk Amber L. Wamback.

The board cited concerns about price volatility tied to international tensions and the U.S. presidential election and selected fixed-price bids to reduce exposure. The motion (Resolution 65 of 2024) was approved unanimously; the supervisor is authorized to sign the contract with Buell Fuel.

Minutes list competing bid structures, including fixed and fluctuating offers from Mountain Petroleum and MX Fuels & Propane; the board’s decision prioritized fixed pricing for budget stability into 2025.