my tank is outside the house and about 40 ft away (the line snakes its way to the oil furnace around the perimeter walls)... there is also a drop of about 4 ft from tank outlet to burner as well...
I have always thought that having the oil -warmed- in the heated crawlspace before it gets to the furnace was a good thing..especially when the oil coming from the tank is -30c to -40c and at 16c in the crawlspace.The 40 ft run gets the oil warm before it gets to the burner..
now that said...
Joe is absolutely right...oil is crazy expensive at $1.32/liter and after factoring in a 75% eff furnace an effective rate of $1.65/liter (1.32 x 1.25) OUCH!!
I will be installing an ASHP this fall with electric resistance heat as back-up/emergency heat since there are about 12 weeks of -25c or colder temps in NW Ontario (Canada)... at least the elec is 100% efficient
That along with some new doors/windows/air sealing/insulation next year will get my energy costs way down.
ASHP is cheaper by far but only effective to about -25c
GSHP is WAY more expensive but can be justified your heat load is BIG enough to get a payback in $$ saved over a reasonable period.