In 2008 a group of 5 local volunteers established the Burford Oil Syndicate with the aim of reducing our members' oil costs by pooling their buying power, submitting one bulk oil order and having it delivered on the same day. The intention being that the transportation costs saved by the Oil Company would then be reflected in a lower cost per litre.
In short, the aspiration was that our members would win, the oil company would win and equally important the environment would be better off due to a reduction in tanker traffic flow and a reduction in the carbon footprint of the oil supplier in our town and villages. Since we began, thanks to the support of the community, the Oil Syndicate has gone from strength to strength.
- there has been a seven-fold increase in our number of members
- we have saved in excess of £300,000 of the cost of the oil purchased by our members.
- not only do we regularly save 5-6p per litre on the 'high street' figures quoted to the general public but we often undercut the cost per litre negotiated by other syndicates for their members.
- on average each household has been saving approximately £50 per delivery
- our members now have a choice of eight order schedule dates, seven between September & May and one in July, (to top up and often benefit from any lower summer prices)
- the introduction of an easy-to-use website and new procedures harnessing the benefits of new technology enabled us to further enhance our administrative service.
The key to our success is our enviable reputation with our panel of oil companies which in a great part is thanks to the
- considerable goodwill created by our members when the deliveries are made and
- our members prompt payments which are paid direct to the oil companies.
we have saved in excess of £200,000 of the cost of the oil purchased by our members
not only do we regularly save 5-6p per litre on the 'high street' figures quoted to the general public but also we often undercut the cost per litre negotiated by other syndicates for their members
on average each household has been saving approximately £50 per delivery
our members now have a choice of eight order schedule dates, seven between September & May and one in July, (to top up and generally benefit from the lower Summer prices)
the introduction of an easy to use website and new procedures harnessing the benefits of new technology enabled us to further enhance our administrative service
We are proud of our enviable reputation with our panel of oil companies which in a great part is thanks to the
- considerable goodwill created by our members when the deliveries are made and
- their prompt payments which are paid direct to the oil companies.
Thank you everyone. It makes our job that much easier.
From our small beginnings so much has been achieved. The Syndicate continues to be run by a small group of volunteers as a 'not for profit' community initiative, whose running costs are covered by a nominal joining fee per member.
Membership is open to all residents, businesses, churches, and other groups in Burford, Fulbrook, Taynton and Bradwell Village.