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Report: #397807

Complaint Review: Mart's Oil - New Castle Delaware

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  • Reported By: titusville New Jersey
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  • Mart's Oil 240 S Dupont Hwy New Castle, Delaware U.S.A.

Mart's Oil deceptive about their' wholesale oil prices' - Currently .40 cents gallon higher then competition New Castle Delaware

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Basically the same complaint as Bobby, from ' oilville' - Marts Oil Deceptive Advertising of Lowest Available Oil Price, Wilmington Delaware -

Marts Oil advertised in the summer (when crude oil prices were sky high) their 'Price Protection Plan', which is essentially a price cap, ensuring that participating customers pay no more than the cap price. If the daily price is lower, you are guaranteed to pay the lower price. Marts bills this as their 'daily variable rate'. The implication is clearly that you will pay the lowest available price up to the cap price.

Marts charges a premium for this plan, which is based on reserving a specific number of gallons for the winter season. That all makes perfect sense and would be no issue at all, except...

Now that crude oil prices have fallen, Marts is again advertising a plan, billed as 'taking the pain out of higher prices'. The ads running now sound very much like the old Marts ads, and quote a per gallon price of as low as $1.69. That's what you will find billed on their website as 'Today's Oil Price'.

However, when I called to confirm the price at which I would receive my next delivery of oil under the 'Price Protection Plan', I was told today's price was $2.59. I was angry, because all the companies i used to deal with were .40 cents cheaper the same day. They came 3 days later and billed me an even HIGHER rate of $2.79 !

Sound odd? When I asked about the difference, and why I was paying so much more than what is being advertised as 'Today's Oil Price', I was told that this is their 'wholesale' price, which is part of a different program, and comes at an entirely different premium cost, over and above what I paid for the 'Price Protection Plan'.

I pointed out that I felt this was at the very least deceptive, to see a price (the only price shown) on the Marts website that was not what I was paying, despite my plan's assurance that I would pay their 'daily variable rate'. I was told that they do not post the rate I pay on their website, and that I could sign up for the new plan if I liked, of course, paying the additional premium.

This company is deceptive, and i am angry because i am on ' automatic delivery' and under contract with them until May. If i want out of the contract it is $199.00 penalty.

I already ' reserved' 600 gallons of oil, so i'm out $120.00 and am paying HIGHER prices then what the price of oil is at now. (at least 40 cents cheaper everywhere else.)

Also Betrayed and wished i had checked here before i went under contract with them.

Anne
titusville, New Jersey
U.S.A.

This report was posted on Ripoff Report on 12/04/2008 10:56 AM and is a permanent record located here: https://www.ripoffreport.com/reports/marts-oil/new-castle-delaware-19720/marts-oil-deceptive-about-their-wholesale-oil-prices-currently-40-cents-gallon-highe-397807. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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