|One of my nephew's woodpile
Mrs ERJ and I reviewed our stock portfolio. Not financial instruments. Our stock of firewood.
Some of it is standing deadwood. Some is cut. Some is green.
Firewood is one of those commodities where the transportation cost is a significant percentage of the cost of production. A stick in the forest is not as valuable as that same stick in the kindling box.
The biggest factor in the effort required to collect firewood is the softness of the ground. The best time to get firewood out of the woods is when the ground is solidly frozen. No mosquitoes.
The other good time is in late summer when the ground is dry.
We made the decision to leave the standing deadwood, for now. I don't go out in the woods when it is windy and the standing deadwood attracts woodpeckers. I believe the wood rots less standing than it does stacked on the damp, forest floor.
A little less than half of our ten acres is in trees. Not enough to heat our house, long-term, if push-came-to-shove but plenty of wood to buy us time while we figured out what to do next.
As John Wilder pointed out, the standards of how warm you keep your house and how much of it you heat are likely to get adjusted downward when every BTU has to be lugged out of the woods and through the front door.