SurfWax News Index  |  Track News  |  Save/Exchange Information |  About Us

    News and Articles on Heating Oil

    Archives: Heating Oil

    Oil markets explained  Jul 3, 2009
    The largest markets are in London, New York and Singapore but crude oil and refined products - such as gasoline (petrol) and heating oil - are bought and sold all over the world. Crude oil comes in many varieties and qualities, depending on its specific gravity and sulphur content which depend on where it has been pumped from. (BBC News -- Business)

    Gas retailers face slow July Fourth  Jul 3, 2009
    A blue bar ticks across the gray background, highlighting the constantly-shifting prices of crude oil, gasoline, and home heating oil as traders on the New York Mercantile Exchange bid the commodities up and down. He does this every day, all day to make sure what he s charging per gallon at Bursaw Gas & Oil in Acton not only stays competitive with, but is cheaper than, prices at the Mobil station down the street. (Boston Globe)

    No one was counting when they should have  Jul 3, 2009
    If one complained about the high cost of gas and home heating oil, one had an addiction to oil. And if one couldn t afford the skyrocketing cost of health care, then one shouldn't get sick. (Weymouth News, MA)

    Oil falls further Friday after unemployment rises in US, Europe(update)  Jul 3, 2009
    78 a gallon and heating oil held at $1 ... 7908 a gallon and heating oil lost 6. (The Star Online, Malaysia)

    Brazilian Stocks Retreat on Commodities Drop, Rising U.S. Jobless Rate  Jul 3, 2009
    8 percent from a year earlier, while demand for distillate fuel including heating oil and diesel, declined 9. 4 percent, according to a Department of Energy report yesterday. (Bloomberg)

    Oil Hovers Above $66 After Dismal Jobs Data  Jul 3, 2009
    78 a gallon and heating oil held at $1. 70. (ABC News -- Wire)

    Oil, gas fall on increase in supply  Jul 2, 2009
    Stockpiles of distillate fuel, which includes diesel and heating oil, gained 2. 9 million barrels to 155 million, the highest since 1987. (Boston Globe)

    Oil rises above $70; crude supplies fall again  Jul 2, 2009
    859 a gallon and heating oil for August delivery fell 2. 2 to settle at $1. (San Francisco Chronicle -- Business)

    Oil recovers over bullish report  Jul 1, 2009
    The API data also showed gasoline stocks rose by a less-than-expected 209,000 barrels and distillate stocks, which include heating oil and diesel fuel 00004000 , increased by 723,000 barrels. The API report is regarded as a precursor to more authoritative numbers issued by the US Energy Information Administration overnight. (Sydney Morning Herald -- Business)

    Commodity Rally May Be Ending as Production Expands, Hedge Funds Trim Bets  Jun 30, 2009
    Heating oil in independent storage in the Amsterdam-Rotterdam-Antwerp area rose 27 percent this year to 2. 72 million tons, according to PJK International BV.. (Bloomberg -- Canada)

    Oil spikes on brief Brent bid frenzy  Jun 30, 2009
    Trading activity in US gasoline and heating oil, which expire at the end of the day, was minimal. Most traders were quick to point the finger at one or several big funds, either closing out loss-making positions, dressing up returns by boosting prices at the end of the quarter or perhaps taking a position in anticipation of a Q3 influx of new funds. (Sydney Morning Herald -- Business)

    Oil settles above US$71; China to boost reserves  Jun 30, 2009
    Web search enhanced by. Published: Tuesday June 30, 2009 MYT 7:58:00 AM. (The Star Online, Malaysia -- Business)

    US carbon bill likely to hike energy costs  Jun 29, 2009
    Petroleum companies may try to import more refined petrol and heating oil from countries with no carbon law, which will raise costs. The Congressional Budget Office estimated the bill would lift energy costs for the average household by $175 a year. (Business Report, South Africa)

    Corzine promotes relief for heat-less families  Jun 27, 2009
    Corzine decided to provide more relief and recovery programs to people who cannot afford heat during the winter due to the rising prices of heating oil and other fuels, said the Rev. Bruce Davidson, the director of the Lutheran Office of Governmental Ministry in New Jersey and co-convener of Anti-Poverty Network. It all fits together, but this is a very important piece because people are hurting now and we need to make sure that we are taking steps that address some of those problems the best we... (The Daily Targum, NJ)

    Arlington smacks down energy competition  Jun 26, 2009
    The Koenig family of Arlington reduced its heating oil by 66 percent. Participating in the competition had other benefits, besides the savings on energy bills. (Arlington Advocate, MA)

    Oil above US$70 in Asia Friday(update)  Jun 26, 2009
    89 a gallon and heating oil gained 0 ... 8983 a gallon and heating oil gained 3. (The Star Online, Malaysia -- Business)

    Oil Above $70 as Traders Eye Mixed Economy Signs  Jun 26, 2009
    89 a gallon and heating oil gained 0. 52 cent to $1. (ABC News -- Wire)

    Elkton schools plan to use biomass fuel  Jun 26, 2009
    Brian Kruse, maintenance supervisor at the Elkton School District, said the district started looking into switching from heating oil to pellet-burning boilers about a year ago. He said Superintendent Mike Hughes was familiar with the conversion in Enterprise School District in Eastern Oregon and suggested Elkton could save money by doing the same. (Coos Bay-North Bend The World, OR)

    Crude Oil Little Changed After Declining on Increase in U.S. Fuel Supplies  Jun 25, 2009
    Supplies of , a category that includes heating oil and diesel, rose 2. 08 million barrels to 152. (Bloomberg -- Australia & New Zealand)

    Revolving Rhetoric  Jun 25, 2009
    It's going to deepen the recession, it's going to increase unemployment, it's going to hurt every American family if you use electricity, gasoline, diesel fuel, or other things, heating oil. It's going to hurt you. (Fox News)

    Crude Oil Falls Below $69 on Japan's Export Drop, U.S. Gasoline Stockpiles  Jun 24, 2009
    Inventories of and distillate fuel, a category that includes heating oil and diesel, increased, according to the respondents. The department is scheduled to release its weekly report tomorrow at 10:30 a.m. in Washington. (Bloomberg -- Germany)

    Quiz tests knowledge about our government  Jun 24, 2009
    The Government has given them a very good living and it stays until their death weather they stay in office or not, what needs to be done is require they live of the same system which the rest of us do, put them on Social Security and see how fast they change and correct this problem, let them pay for their travel, heating oil and gas at the pumps require them to pay for their medical care and insurance,our Nation would be a far better place to live. " Newswatcher wrote on Jun 23, 2009 1:24 PM:"... (Waterloo Courier, IO)

    Secretary accused of embezzlement had 4 prior theft convictions  Jun 23, 2009
    She reportedly used the money to make car payments, buy heating oil, pay off credit cards and for other personal bills, according to court records. According to police reports, McLoughlin signed a notarized statement admitting her guilt. (Seacoast New Hampshire)

    O’Malia: Small Businesses Need a Stronger Energy Bill  Jun 23, 2009
    In simple terms, a 90 percent more energy-efficient home saves an enormous amount of money and energy around $90,000 in heating costs, 22,000 gallons of heating oil, and 285 tons of CO2 over the term of a 30-year mortgage. A stronger renewable energy standard in the energy bill would provide small businesses, like mine, with an important opportunity to provide quality, energy-efficient housing that people can afford to build and heat and cool. (Roll Call)

    Trucking firms edgy over rising diesel prices  Jun 23, 2009
    Rising global demand for distillates - a refining industry term that refers to diesel, jet fuel, heating oil and other fuel products - has led many U.S. oil refiners to expand facilities to increase output and capture strong distillate profits. Last year, domestic refiners produced a record 4. (San Francisco Chronicle -- Business)

    Consumer Confidence Rises for Second Month on Brighter Outlook, Price Drop  Jun 23, 2009
    Oil prices have dropped by half from their peak last year, cutting the cost of gasoline and heating oil. Improving Slightly. (Bloomberg -- Germany)

    Oil extends fall below $67  Jun 23, 2009
    3 million barrels last week on lower imports, while gasoline stocks and distillates, including heating oil and diesel fuel, were seen rising. The API will release its weekly stockpile data at 2030 GMT, while the U.S. Energy Information Administration will release its report on Wednesday at 1430 GMT.. (India Times)

    Gas Prices Finally Dip  Jun 23, 2009
    8597 a gallon and heating oil lost 5. 92 cents to settle at $1. (Click2Houston, TX)

    Commodities End Anemic Week Mostly Lower  Jun 20, 2009
    Heating oil dropped 5. 03 cents to settle at $1. (ABC News -- Wire)

    Secretary's theft led to lawsuit against attorney, say police  Jun 20, 2009
    She reportedly used the money to make car payments, buy heating oil, pay off credit cards and for other "personal bills," according to court records. "She said she was sorry and had no excuse for her actions," according to police reports. (Seacoast New Hampshire)

    Oil Drifts Above $71 as Investors Eye Inflation  Jun 19, 2009
    02 a gallon and heating oil was steady at $1. 84. (ABC News -- Wire)

    Air Transport Association Applauds Administration White Paper on Oil Trading; Calls for Elimination of Loopholes That Artificially Drive Prices and Volatility  Jun 18, 2009
    May continued, "Adding transparency to this type of trading will prevent another meltdown by plugging a major loophole that currently allows billions of dollars of unmonitored oil transactions that have driven jet fuel, diesel, heating oil and gasoline prices through the roof.". Separately, May struck a note of caution stating that the white paper does not go far enough in at least one respect. (PR Newswire)

    Fairfield saves, finds its easy being green  Jun 16, 2009
    The proposed generators could not only create electricity at almost half of what it costs to buy it, but the heat that is a by-product of the generators could be used to heat the buildings, thus saving the town money on heating oil, or natural gas. While the generators might cost $180,000 each to install, Boman said they could create energy savings of about $70,000 per building each year. (Fairfield Minuteman, CT)

    Baystate Biofuels breaks ground on North Andover terminal  Jun 16, 2009
    Starting in July 2010, diesel and home-heating oil sold in Massachusetts must contain 2 percent biodiesel in order to meet the requirements of state law ... Using biodiesel in automobiles and home heating oil has many benefits. (North Andover Citizen, MA)

    Oil spikes above US$70 for first time this year  Jun 6, 2009
    " This week, Goldman Sachs revised its forecast and predicted that oil would rally to $85 a barrel by the end of the year as the economy stabilizes and OPEC production cuts take hold. The forecast assumes, however, that the Organization of Petroleum Exporting Countries will stick to its cuts - and that has never been a sure bet. Yet even news that could be perceived as negative on the surface has brought more money into oil markets. The Labor Department said Friday that employers cut 345,000... (The Star Online, Malaysia)

    Oil prices spike above $70...  Jun 6, 2009
    9546 and heating oil dropped 1. 39 cents to settle at $1. (The Drudge Report)

    CME Group Announces the Launch of Six Minute-Marker Energy Contracts  Jun 6, 2009
    CHICAGO, June 5 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives exchange, today announced the launch of six financially settled Minute-Marker Crude Oil, RBOB Gasoline and Heating Oil futures contracts for trading and clearing services available through CME ClearPort(R), a set of flexible clearing services open to over the counter (OTC) market participants to substantially mitigate counterparty risk and provide capital efficiencies across asset classes,... (PR Newswire)

    Misplaced praise for Congressmen  Jun 5, 2009
    President Obama promised the he wouldnt raise taxes on anyone making less than 250,000 a year, however, he neglected to mention that this tax exemption would go only to those who dont use electricity, gasoline, heating oil or natural gas. You are about to embark on an episode of putting the entire American economy. (Boerne Star, TX)

    Daimer Industries Ships Line of Electric-Powered, Tri-Mode Pressure Washers for Industrial Applications  Jun 5, 2009
    The six new can accept a variety of heating fuels, including: no.1 or no. 2 heating oil; diesel; kerosene; natural gas (requires a natural gas line); or propane (customer must provide vapor withdrawal cylinder). For heating oil, kerosene, or diesel, the machines have a fuel capacity of nine gallons. (Yahoo News -- Press Releases)

    Crude oil slips after US inventories rise  Jun 4, 2009
    Distillate stocks (including heating oil) rose 1 ... Nymex July heating oil slipped 5. (FT.com -- Markets)

    Oil hovers above $US66 as rally cools off  Jun 4, 2009
    "We're moving from a situation where 'less bad' data fuelled the market's anticipation of recovery to one where markets are coming to expect it, so data becomes 'less good','' Moore said. In other Nymex trading, gasoline for July delivery was steady at $US1.90 a gallon and heating oil was steady at $US1.74 a gallon. Natural gas for July delivery was steady at $US3.78 per 1,000 cubic feet. In London, Brent prices rose 3 cents to $US65.91 a barrel on the ICE Futures exchange. AP Today in Business... (Sydney Morning Herald -- Business)

    Video: Ducks take over the Assabet River  Jun 1, 2009
    Festival finds fun in new location - Framingham, MA - The MetroWest Daily News. Festival finds fun in new location. (Hudson Sun, MA)

    Festival finds fun in new location  Jun 1, 2009
    Kevin Figueiredo, 8, of Hudson, operates a remote-control duck called the "Sunshine Taxi Duck" at Hudson Community Fest yesterday. By Michael Morton/Daily News staff. (Hudson Sun, MA)

    Australia's AMP Capital Buys Natural Gas in Anticipation of Price Gains  May 29, 2009
    AMP also holds heating oil and gasoline in its energy portfolio. In August, Naeimi said surging commodity prices had hit a choking point. (Bloomberg -- Australia & New Zealand)

    OIL: $65...  May 29, 2009
    8968 a gallon and heating oil added 3. 76 cents to $1. (The Drudge Report)

    Fresh Meadows vigilant on future of Klein Farm  May 29, 2009
    Community leaders at the Klein Farm site in Fresh Meadows on Saturday fear for the future of the historic location. Shown are Assemblyman Mark Weprin, left, Bob Harris, Bob Friedrich, Tammy Osherov, Councilman Tony Avella and Jim Trent. (Queens Chronicle, NY)

    Crude prices surge ahead of OPEC meeting  May 28, 2009
    Benchmark crude for July delivery rose 1. 69 a barrel on the New York Mercantile Exchange. (Somerset Daily American, PA)

    Oil Above $62 Amid Rising US Consumer Confidence  May 27, 2009
    81 a gallon and heating oil was steady at 1. 54 cent to $1. (ABC News -- Wire)

    Oil falls to US$61 Tuesday in Asia trade (update)  May 26, 2009
    82 a gallon and heating oil dropped 1 ... 8243 a gallon and heating oil dropped 1. (The Star Online, Malaysia)

    Gold prices at 3-month high  May 23, 2009
    Heating oil futures rose less than a penny to $1. 5642 a gallon. (India Times)

    Boswell company cited by EPA  May 23, 2009
    The federal agency proposed 39,930 in penalties (Somerset Daily American, PA)

    Crude hits six-month high before holiday weekend  May 21, 2009
    Benchmark crude for July delivery rose 1. 31 a barrel on the New York Mercantile Exchange before noon. (Somerset Daily American, PA)

    Producer Prices Record Biggest Decline in 22 Years as Energy Costs Tumble  May 20, 2009
    Heating oil costs fell 40 percent from a year earlier and fuel was 18 percent cheaper. Prices for electricity declined 2. (Bloomberg -- Germany)

    Hinckley Explains Decision to Accept New Revaluation  May 20, 2009
    Savings in heating oil in gallons for the same time period was at 5. 4 percent and also not what Mr. Hinckley said he had hoped for. (Voices, CT)

    The dirty secret about clean coal: It doesn't exist  May 19, 2009
    Coal is typically used to generate electricity, while oil sands crude is used mainly for gasoline or heating oil. Environmentalists argue that both fuels are equally bad from a pollution perspective, and need to be cleaned up or limited. (Globe and Mail -- Business)

    Oil Rises to a Six-Month High as Equity Gains Spur Optimism of a Recovery  May 19, 2009
    Supplies of distillate fuel, a category that includes heating oil and diesel, increased 950,000 barrels from 147. 5 million. (Bloomberg -- Australia & New Zealand)

    House Climate Bill Facing Senate Headwinds  May 18, 2009
    Other industries, including natural gas, home heating oil, steel, cement, automobiles and refineries, also get free allocations to mitigate price increases as well as protect trade-affected industries from foreign competition. Revenue from the system would be used to offset costs for consumers. (Roll Call)

    Uncle Sam Will Give You an Energy 'Allowance'  May 18, 2009
    In the Democrats now-commonplace Orwellian mode, the two-page memo was full of protections the bill offers, laid out in boldface type: Protection from electricity price increases, Protection from natural gas price increases, Protection from home heating oil price increases, Protection of low- and moderate-income households. Then comes Transition assistance for industry, comprised of Protection for energy-intensive, trade-exposed industries and Protection for domestic energy production. (Human Events Online)

    How Should U.S. Government Apportion the Right to Pollute?  May 16, 2009
    5 percent of the allowances for programs to benefit users of home heating oil and propane, an issue of primary concern in the Northeast. The free allowances will be phased out between 2026 and 2030. (Scientific American)

    Customer who stopped payment on check charged with theft  May 15, 2009
    GREENLAND A Winnicut Road man is charged with a felony alleging he stopped payment on a check for heating oil he couldnt afford ... 92 worth of heating oil that was delivered in two installments. (Seacoast New Hampshire)

    Meenan paying $80K to settle age case  May 14, 2009
    -based Meenan, a distributor of home heating oil, unlawfully fired sales representative Louis Ceccoli, 71, of Langhorne, Pa. because of his age. (Philadelphia Business Journal, PA)

    Don't Fall for Cap and Tax  May 13, 2009
    He neglected to mention that this tax exemption would go only to those who don't use electricity, gasoline, heating oil or natural gas ... This increase in our taxes, and decrease in our standard of living, is being sold under the slogan "cap and trade," which means giving the government the power to put a cap on the amount of carbon dioxide emissions created by the production of electricity, gasoline and heating oil. (Human Events Online)

    Walz: Delivering real progress  May 13, 2009
    Food, clothing up to $175, gasoline, and home heating oil, for example, are all exempt from the sales tax. In the 13 weeks since the House elected Robert DeLeo as Speaker, we have approved bills on transportation, ethics, and pension reform and approved a tough but realistic budget. (Cambridge Chronicle, MA)

    Canadians cool on carbon tax: poll  May 12, 2009
    But when asked specifically if they'd support a carbon tax like British Columbia's which would incrementally hike the cost of gas and home heating oil, support dropped to 42 per cent.. The telephone survey of 1,000 Canadians conducted April 29 to May 3 has a margin of error of plus or minus 3. (Globe and Mail)

    Yukon River flood leaves Eagle in ruins  May 12, 2009
    The two were cleaning heating oil and other contaminates from the cat. Monday, May 11, 2009. (Juneau Empire)

    Gold Prices Little Changed as Dollar Rises  May 12, 2009
    6802 a gallon, while heating oil futures fell 1. 75 cents to $1. (ABC News -- Wire)

    Sentinel Morning Update: Zoning board approves outdoor market  May 8, 2009
    9 million for supplies including text books and heating oil, up from $3. 4 million in the 2008-09 budget. (Carlisle Sentinel, PA)

    Oil prices waver after hitting 6-month high  May 8, 2009
    6478 a gallon and heating oil gained less than a penny to $1. 4684 a gallon. (Orangeburg Times and Democrat, SC)

    Clark: Addressing the fiscal crisis: Reform and revenue  May 7, 2009
    Moreover, the Massachusetts sales tax is not as regressive as others; food, most clothing, and home heating oil are exempt. With this proposed increase, Massachusetts sales tax burden would be right in the middle of all 50 states. (Wakefield Daily Item, MA)

    In the Arena: Our states budget crisis  May 7, 2009
    Moreover, the Massachusetts sales tax is not as regressive as others; food, most clothing, and home heating oil are exempt. In fact, Massachusetts sales tax burden, even after this increase goes in effect, will place us squarely in the middle of all 50 states. (Lincoln Journal, MA)

    Oil rises to six-month high near $57  May 7, 2009
    65 a gallon and heating oil gained 0. 67 to $1. (India Times, India)

    Crude Oil Trades Little Changed Before U.S. Stress Test Results on Banks  May 6, 2009
    Supplies of distillate fuel, a category that includes heating oil and diesel, probably rose 1 million barrels from 144. 1 million. (Bloomberg -- Japan)

    Study: Juneau cost of living high, growing  May 6, 2009
    Utilities, however, were 63 percent more, likely due to expensive heating oil use in much of Juneau. McDowell found that while the price of dairy products in Juneau was identical to Anchorage, household furnishings and appliances cost 35 percent more. (Juneau Empire)

    Oil gives back some gains  May 6, 2009
    5722, while heating oil fell less than a penny to settle at $1. 4262 a gallon. (Globe and Mail -- Business)

    Oil creeps above US$54 Wed on economic recovery optimism(update)  May 6, 2009
    58 a gallon and heating oil was steady at $1 ... 5722, while heating oil fell less than a penny to settle at $1. (The Star Online, Malaysia)

    Waste not: Area hospitals say they're doing more to help the environment  May 5, 2009
    Looking to reduce consumption and emissions, Marlborough Hospital recently conducted an energy audit, plans to install solar-powered, automatic faucets and flush controls in its bathrooms, and altered its heating oil boilers to accept cleaner-burning natural gas, trimming expenses. "From a money standpoint, it made a huge amount of sense," said Donn Pushor, the hospital's facilities director. (Hopkinton Town Crier, MA)

    Oil climbs above $54 a barrel  May 5, 2009
    586 a gallon and heating oil rose 4. 61 cents to settle at $1. (Globe and Mail -- Business)

    Oil lingers above US$54 on economic recovery hopes(updated)  May 5, 2009
    58 a gallon and heating oil fell 0 ... 586 a gallon and heating oil rose 4. (The Star Online, Malaysia)

    Heating oil averages $2.06 a gallon in Maine  May 5, 2009
    Heating oil averages $2 ... AUGUSTA, Maine (AP) The state energy office says the average cash price for heating oil in Maine has dropped to $2. (Seacoast New Hampshire)

    Oil tops $54...  May 5, 2009
    5646 a gallon and heating oil rose 3 cents to $1. 42 a gallon. (The Drudge Report)

    Gold prices slide as safe-haven demand withers  May 3, 2009
    5174 a gallon, while heating oil for June delivery rose 5. 16 cents to $1. (The Star Online, Malaysia -- Business)

    Oil rises despite inventory buildup  Apr 30, 2009
    Heating oil for May delivery rose 1. 24 cents to settle at $1. (The Star Online, Malaysia -- Business)

    Oil jumps above $51 on optimism recession slowing  Apr 30, 2009
    44 a gallon and heating oil was steady at $1. 33 a gallon. (Anchorage Daily News)

    State budget notebook, Monday, April 27  Apr 29, 2009
    When a columnist suggested Patrick had assumed the reform before revenue slogan long championed by Senate President Therese Murray, and once derided by Patrick s transportation chief, James Aloisi, as a meaningless slogan," Patrick, walking into the fourth-floor entrance of his suite of offices, said, I ve always been about reform before revenue, but it s more than that, it s change before revenue. 4:22 P.M. HOUSE LEADERS SCRAMBLING TO VETO-PROOF SALES TAX HIKE Speaker Robert DeLeo, his push for... (Arlington Advocate, MA)

    Chavez Gift: Book that Assails USA for Exploiting Latin America...  Apr 19, 2009
    Chavez Gifts Obama With Book That Assails U.S. for Exploiting Latin America - Political Punch. Power, pop, and probings from ABC News Senior White House Correspondent Jake Tapper. (The Drudge Report)

    Archives: Heating Oil

    Back to Energy News

[ Terms Of Use | Privacy | About ]
©1998-2009 SurfWax, Inc.
All rights reserved. Patents pending.



Copyright SurfWax, Inc. 2009