Town seeks to conserve energy Aug 27, 2008
Right now, Americans are feeling the crunch with summer gas prices but come this winter, the energy crisis will focus on home heating oil costs. Because of predicted spikes in oil prices, the selectmen and Town Administrator David Ramsay have taken a proactive approach to examining Dover s fiscal 2009 s energy budget, they said at a recent meeting. (Dover Sherborn Tab, MA)
Sentinel Morning Update: Cold winter outlook may mean higher heating costs Aug 27, 2008
His organization helps to get heating oil, electricity and natural gas to people who couldnt ordinarily afford it. In past years, the United Way could fill 150-gallon heating oil tanks for about $500, Conway says. (Carlisle Sentinel, PA)
Pelosi to protesters: 'Can we drill your brains?'... Aug 27, 2008
The Crypt: Pelosi to protesters: "Can we drill your brains?" - Politico. " Receive Daily Updates August 26, 2008 Categories: Pelosi to protesters: "Can we drill your brains. (The Drudge Report)
6 solutions for home heating Aug 27, 2008
The price for a gallon of heating oil is expected to skyrocket this winter and many homeowners, particularly those in the Northeast, are looking at natural gas as a cheaper alternative. Heating oil prices are expected to increase an average of 31% nationwide this winter, according to the Department of Energy ... But the nation's 8 million consumers of heating oil, most of which live in the Northeast, could benefit by switching to natural gas. (CNN -- Money)
War sometimes is the answer Aug 27, 2008
desertique wrote on Aug 26, 2008 9:02 PM:" Its Election Day, 2008.We Democrats are giving America a wake up call.Wake up America.In 2001, the oil companies, the war contractors and the neo-con artists seized the economy, and have added four trillion dollars of unproductive spending to the national debt. We now pay four times more for defense, three times more for gasoline and home heating oil, and twice what we paid for health care.Millions of Americans have lost their jobs, their homes,... (Logan Herald Journal, UT)
Post a comment » Aug 27, 2008
Jeff wrote on Mar 16, 2006 9:12 AM:" Buy Citgo gas. Partially owned by the government of Venezuela. A substantial percentage of their profits have been donated to a program that defrays heating oil costs in this country. ". Bryan wrote on Mar 15, 2006 9:17 AM:" It is shocking sometimes how the information world and the economic world have merged in today's society to create instant market fluctuations. I remember it used to be with the price per barrel of oil would go up, it took 3-4 months... (Canton Daily Ledger, IL)
More of this story Aug 27, 2008
- Approved an agreement the town drafted with Brennan Oil of North Providence to buy heating oil at a cost of 3 ... Stephen Berlucchi, director of the Department of Public Works, noted that the price per gallon is 53 percent higher than the town paid for heating oil last year. (Newport Daily News, RI)
Algae As Biofuel Aug 27, 2008
Comey and his tema of 30 PhD's, professors, and other working New Englanders envision a future in which they could sell algae based biofuel as home heating oil for under $2 a gallon ... Using old factory buildings, the plan is to grow algae in mass quantities, and then convert it into heating oil through a few simple chemical reactions. (W-USA News, DC)
Oil Is Steady After Tropical Storm Gustav Forms in Caribbean Aug 26, 2008
Inventories of distillate fuel, including heating oil and diesel, probably declined 800,000 barrels from 132. 1 million barrels. (Bloomberg)
Hurricane Threat Pumps Up Oil Futures Aug 26, 2008
2 million barrels and stocks of distillates, which include heating oil and diesel, rose by 400,000 barrels ... September heating oil climbed 9. (SmartMoney)
Kisses and disses: Don't let your dogs run wild on Peirce Island Aug 26, 2008
Huge DISSES to the senior policy analyst at the National Consumer Law Center for not being in touch locally, proven by his comment, "It may be down now but I think we'll see home heating oil prices reach $4 a gallon or higher." I refused an oil delivery the next day at $4. 24 9/10 per gallon. (Seacoast New Hampshire)
When hippies ruled the Tennessee Valley Aug 26, 2008
" So it wasn't a surprise that he doesn't think much of Thursday's Washington Post blockbuster by David Cho, Hamilton closed his dissection of Cho was trying the best he could to convince us that unregulated speculation was the cause of this summer's spike in oil prices. But instead he convinces me that he really couldn't find much of a case. I'm not so sure. Yes, Hamilton raises some fair technical questions about Cho's reporting -- for example, he finds it hard to believe that Vitol, the oil... (Salon)
NH towns, cities, bracing for tough budget decisions Aug 25, 2008
Revenues from motor vehicle registrations and building permits are down in many towns, while the cost of health insurance, heating oil, gasoline and even asphalt for road projects are way up. Given the economic downturn, some town officials are looking ahead to next March's town meetings with the expectation that budgets will be held at current levels because residents can't afford higher taxes. (Concord Monitor)
Oil steady as dollar offsets Russia tension Aug 25, 2008
In other Nymex trading, heating oil futures rose 0. 39 cent to $3. (Anchorage Daily News)
High winter heating bills may burn through wallets Aug 25, 2008
Winter bills for heating oil, natural gas and electricity are expected to soar to records, putting a renewed crimp on household budgets. Heating oil customers are forecast to see the biggest increases, according to the Energy Information Administration, the non-partisan statistical arm of the U.S. Energy Department ... Heating oil users will pay $2,644 on average to heat their homes this winter, up 36. (USA Today -- Money)
Oil prices fall over $6 on stronger dollar Aug 25, 2008
In other Nymex trading, heating oil fell 16. 95 cents to settle at $3. (The Star Online, Malaysia -- Business)
Re-energizing For Winter Aug 24, 2008
According to the Energy Information Administration, the price for heating oil, natural gas and electricity is projected to jump by nearly 20 percent. With such high increases this year, homeowners everywhere are giving inefficient windows and doors the cold shoulder. (Pekin Times, IL)
Know about your candidate Aug 24, 2008
To Voter wrote on Aug 23, 2008 10:08 AM:" What are you doing, laying up in the bed?Yes, I do believe in redistribution of the wealth. Not as you think, through Welfare checks, but by Paying a DECENT DAYS WAGE for a DECENT DAYS WORK.Why should the Wal-mart family, who inherited their wealth, need to make $80 BILLION a year in PROFIT while the people who stock the shelves, clean the floors, run the cash registers, etc. make a wage on which they can't even buy a new car or fix up thier old... (Rockingham Daily Journal, NC)
SMART CENTS: The real cost of credit Aug 24, 2008
Smart Idea: Join a heating oil or propane consortium to get a volume discount on winter fuel costs that you could not get on your own. Your savings can be substantial and timely in an overall atmosphere of rising costs. (Republican-American)
Fuel assistance requests already up over last year Aug 24, 2008
As of Friday, a sample of heating oil prices in the Seacoast ranged from $3. 74 to $4. (Seacoast New Hampshire)
MacKay calls Brison 'a political windsock' Aug 24, 2008
If they used 2,400 litres of heating oil a year, that family would pay about $240 more in energy costs, leaving more than $1,300 in tax benefits. On Friday, Mr. Brison added that the premiers calculator does not consider those income tax savings. (TheChronicleHerald.ca)
Energy Aid Package Sails Ahead In Connecticut Legislature Aug 23, 2008
Fearing that home heating oil could reach $5 per gallon this winter, the House of Representatives voted early this morning to spend nearly $75 million to help consumers, schools and nonprofit agencies pay their energy bills ... As heating oil prices have reached record levels and public outcry has grown, lawmakers have been essentially forced into action as the Nov. 4 elections approach. (FOX61, CT)
In MiddleburyBudget Goes to Referendum or Third Time Aug 23, 2008
Mr. Ferrucci cited concerns about the cost of gasoline, heating oil, food, and all the other utilities that the increased cost of oil has caused. He said the town uses gas for police cars and fire trucks, and heating oil for the town buildings. (Voices, CT)
Recycle cooking oil, city pleads Aug 23, 2008
The material is picked up by Maine-based Green Bean Bio-Fuel Co. and transported for free to its facility for refining into biofuel heating oil and diesel fuel for commercial vehicles. Its been well used, but wed like more to use it, said Steve Parkinson, the citys public works director. (Seacoast New Hampshire)
Cost savings at North Hampton School may return $79K to voters Aug 23, 2008
Berry said he feels the most unpredictable budget item will be the cost of heating oil. Were really not sure what oil prices are going to do, he said. (Seacoast New Hampshire)
Commodities decline on stronger dollar, oil drop Aug 23, 2008
Crude tumbled more than $6 a barrel in the biggest one-day percentage drop in almost four years, sparking a sell-off in everything from copper to corn to heating oil. The dollar gained ground against the euro after Federal Reserve Chairman Ben Bernanke, speaking Friday at an economic conference, said he would act as necessary to control inflation. (San Diego Union-Tribune -- Business)
Sold! -- to the man in Lycra Aug 23, 2008
Surely Cho doesn't literally mean "all the oil contracts," i.e., light sweet, Brent, heating oil, gasoline, and so on. If light sweet alone, are we talking about just futures, or futures plus options. (Salon)
High fuel costs? This winter will be a breeze Aug 22, 2008
The first 10 years, our heating oil actually decreased in cost by 33 percent to 70 cents a gallon. Brush off the snow, turn up the thermostat. (Albany Times Union)
Surging inflation hurts seniors Aug 22, 2008
1%, on top of a 6% gain in June, as increases in the price of natural gas and home heating oil offset a slight dip in gasoline costs. And food prices rose 0. (Fresno Bee -- Business)
Oil Soars, Dollar Falls and Worries Stay Aug 22, 2008
8 percent, and copper, heating oil and silver traded more than 4 percent higher. A measure of commodity prices, the Reuters/Jefferies CRB Index, rose by the most since June. (Atlanta Journal-Constitution -- Business)
Post a comment » Aug 22, 2008
Jeff wrote on Mar 16, 2006 9:12 AM:" Buy Citgo gas. Partially owned by the government of Venezuela. A substantial percentage of their profits have been donated to a program that defrays heating oil costs in this country. ". Bryan wrote on Mar 15, 2006 9:17 AM:" It is shocking sometimes how the information world and the economic world have merged in today's society to create instant market fluctuations. I remember it used to be with the price per barrel of oil would go up, it took 3-4 months... (Canton Daily Ledger, IL)
James Carroll: Taking stock as summer wanes Aug 22, 2008
The weather's still hot, and already you feel the pinch of winter heating oil. Not even your home is a refuge from such stress, as you watch its value plummet. (International Herald Tribune -- Ed/Op)
Two sides to the oil debate Aug 22, 2008
As the cost of energy continues to rise and the price of oil stays well above $100 a barrel, the future is uncertain for cash-strapped municipalities and families struggling to afford heating oil and fuel for their vehicles. There are two prominent theories regularly voiced on the issue. (Winchester Star, MA, MA)
Energy costs burn budget Aug 22, 2008
This year, the town will actually exceed its energy budget by $90,000 as a result of having to sign a new contract for gas, diesel and heating oil. Kleckner negotiated the one-year contract with the Brookline Consortium, a group of cities and towns that combine to bid on fuel together to get the lowest costs. (Winchester Star, MA, MA)
Oil holds above US$121 on tension with Russia Aug 22, 2008
In other Nymex trading, heating oil futures were flat at US$3. 3006 a gallon, while gasoline prices rose 0. (The Star Online, Malaysia -- Business)
Energy policy and the speculator Aug 21, 2008
THE ENERGY futures market seems arcane, but what goes on there determines the price of gasoline, home heating oil, and ultimately just about anything that requires energy to manufacture ... Worse for consumers, these interests are heavily concentrated in energy commodities - over 75 percent of the most commonly used benchmark is tied to crude oil, heating oil, gasoline, and natural gas. (Boston Globe)
Health care no longer primary ailment Aug 21, 2008
Still, as the cost of gasoline skyrocketed this summer and as voters brace themselves for the high price of home heating oil and natural gas, public opinion has shifted on what matters most. Signs for health costs. (Chicago Tribune)
Rough winter for home heat Aug 21, 2008
Last winter proved to be a costly one for many Massachusetts residents, as gas and home heating oil prices continued to climb ... According to the report, the regional price of home heating oil increased by 175 percent between 2003 and 2008 ... It estimates that natural gas and home heating oil costs will increase by $927. (Reading Advocate, MA)
Agencies seek solutions to rising heating oil costs Aug 21, 2008
The Register Star Online. Serving Columbia and Dutchess counties since 1785. (Hudson Register Star, NY)
Crude prices rise Aug 21, 2008
2 million barrels to below-average levels, distillate inventories, which include heating oil and diesel fuel, rose by less than expected. Light, sweet crude for September delivery rose 45 cents to 114. (Xinhuanet, China)
City urges residents to recycle cooking oil, grease Aug 21, 2008
When the 1,000-gallon tank is full, Green Bean Bio-Fuel Co. picks up the material free and transports it to the company's facility in Maine for refining into biofuel heating oil and diesel fuel for commercial vehicles. Residents are urged to let the oil or grease cool and transport it to the recycling center in a clean bottle or container with a water-tight lid. (Seacoast New Hampshire)
'Pounds for Petrol:' Parishioners Lose Weight for Oil Aug 20, 2008
NEWFIELDS, N.H. Fifteen members of a New Hampshire church have volunteered to lose weight to pay for church heating oil this winter. Pounds for Petrol participants at Newfields Community Church have sought sponsorship for their weight loss to pay for the oil. (Fox News)
McCain touts drilling agenda from oil platform Aug 20, 2008
"Gas prices are through the roof. Energy costs have seeped into our grocery bills, making it more expensive to feed our families. Now as we prepare for the winter, it's time for us to be more serious about our home heating oil needs. ... And that means we need to start drilling offshore, at advanced oil rigs like this one.". As gas prices approached $4 a gallon, both McCain and Obama tempered their past opposition to increased offshore drilling. (MSNBC -- Politics)
Gold Prices Rise for 2nd Day on Weaker Dollar Aug 20, 2008
Gold prices rally for 2nd day as weak dollar boost demand for inflation hedges. By STEVENSON JACOBS AP Business WriterNEW YORK August 19, 2008 (AP) The Associated Press FONT SIZE. (ABC News -- Wire)
Business briefs Aug 20, 2008
NEW YORK --- Oil prices rebounded Tuesday, jumping back above $114 a barrel after the dollar weakened against the euro and a rally in heating oil pulled new buyers into energy markets. Light, sweet crude for September delivery rose $1. (The Augusta Chronicle)
Rell, Dems endorse winter fuel aid plan Aug 20, 2008
The leadership also suggests funds to help towns and non-profit agencies deal with the heating crisis with gasoline still near $4 a gallon and heating oil around $5 a gallon. The Energy Information Administration is estimating that residents of the Northeast will spend an average of $2,725 on heating oil this winter, while natural gas and electricity is also more costly this year ... There is also agreement on several protections for people who prepay heating contracts, while they want to reduce... (New Haven Register, CT)
Rell, GOP Legislators Unveil Energy Aid Proposal Aug 20, 2008
The money funneled through Operation Fuel can be used to pay for any heating source, including home heating oil, natural gas or electricity ... The Energy Information Administration is predicting that the average homeowner in the Northeast will spend about $2,700 this winter on heating oil. (FOX61, CT)
U.S. businesses face economic dilemma Aug 20, 2008
Oil prices have sharply fallen in recent weeks, filtering through the economy in the form of lower prices for gasoline and heating oil. Economic weakness has spread beyond the United States to Europe and Japan, diminishing demand for basic commodities from iron ore to lumber while taking the edge off lofty price increases. (International Herald Tribune)
McCain takes case for drilling to the Gulf Aug 20, 2008
"Gas prices are through the roof. Energy costs have seeped into our grocery bills, making it more expensive to feed our families. And now, as people prepare for the winter, they are going to be hit with higher costs for home heating oil.". McCain also took a swipe at Obama over offshore drilling. (International Herald Tribune)
Norfolk oil dealer repaying prepaid customers Aug 20, 2008
The new owners of a Norfolk heating oil distributor said Tuesday the company owes oil or refunds to 128 customers who prepaid for oil last winter. James Peacock, who purchased the company last week along with partners Alan J. Boucher and Robert Peterson, said the phone has been ringing constantly at A.B. Bazzano Fuels, formerly John Bazzano BR />According to Peacock, the company owes oil or refunds to 128 customers with prepaid contracts for the 2007-08 heating season, which ended this spring. (Republican-American)
Oil gains on weaker dollar Aug 20, 2008
Stockpiles of distillate fuel, including heating oil and diesel, probably rose 850,000 barrels. Crude oil stocks should be up or down by 1 million barrels while gasoline stocks fall and distillates rise,'' said Gene McGillian, an analyst at TFS Energy. (Sydney Morning Herald -- Business)
U.S. dollar falls Aug 20, 2008
Crude oil prices rebounded above 114 dollars a barrel after a rally in heating oil pulled new buyers into energy markets. The euro bought 1. (Xinhuanet, China)
Futures:• Crude, Gold Futures Jump As Dollar Retreats On Rise In Wholesale Prices Aug 20, 2008
It also got a lift from strong heating oil and gasoline prices. Traders said it would have been difficult for crude futures to fall below major technical support from the 200-day moving average at $110. (Investors Business Daily)
Oil up slightly in Asia ahead of inventory report Aug 20, 2008
Web search enhanced by. Wednesday August 20, 2008. (The Star Online, Malaysia -- Business)
Dollar Weakens vs Euro; Oil Jumps to $114 Aug 20, 2008
Oil prices rebounded Tuesday, jumping back above $114 barrel after the dollar weakened against the euro and a rally in heating oil pulled new buyers into energy markets ... But prices later spiked more than $3 a barrel, apparently driven higher by a surge in heating oil futures that triggered technical buy orders in energy markets, analysts said ... Heating oil futures rose 3. (Time.com)
NH churchgoers lose weight to pay for heating oil Aug 19, 2008
NEWFIELDS, N.H. (AP) -- Fifteen members of a New Hampshire church have volunteered to lose weight to pay for church heating oil this winter. Pounds for Petrol participants at Newfields Community Church have sought sponsorship for their weight loss to pay for the oil. (Concord Monitor)
Mainers urged to use care when pre-buying oil Aug 19, 2008
The warning comes ahead of Tuesday's foreclosure auction of Veilleux Oil ces Inc., a defunct Biddeford dealer charged with accepting money from customers and failing to deliver heating oil last season. At a time when volatile energy prices and an ongoing credit squeeze could put some dealers out of business, the Maine Attorney General's Office says consumers who sign pre-buy contracts should ask dealers to spell out how they will provide oil at the agreed price. (Concord Monitor)
German producer prices surge on energy costs Aug 19, 2008
However, the Bundesbank said on Monday that inflation in Germany could ease slightly in coming months, with prices for fuel, heating oil and agricultural products likely to fall. The central bank nonetheless cautioned that inflation would probably remain significantly above 2 percent. (International Herald Tribune -- Business)
Post a comment » Aug 19, 2008
Jeff wrote on Mar 16, 2006 9:12 AM:" Buy Citgo gas. Partially owned by the government of Venezuela. A substantial percentage of their profits have been donated to a program that defrays heating oil costs in this country. ". Bryan wrote on Mar 15, 2006 9:17 AM:" It is shocking sometimes how the information world and the economic world have merged in today's society to create instant market fluctuations. I remember it used to be with the price per barrel of oil would go up, it took 3-4 months... (Canton Daily Ledger, IL)
Oil ETFs and the IRS Aug 19, 2008
United States Heating Oil Fund (). United States Natural Gas Fund (). (SmartMoney)
Inflation flares 1.2% in July, housing starts drop Aug 19, 2008
That increase reflected big jumps in the price of natural gas, home heating oil and liquefied petroleum gas, which offset a 0. 2% dip in gasoline costs. (USA Today -- Money)
How investors inflate commodities' bubble Aug 19, 2008
Traditionally, commodities changed hands in what are called futures markets where participants buy and sell contracts to take delivery of bulk quantities of heating oil or aluminum or pork bellies months or even years in advance. These contracts, sold in exchanges that are home to the familiar clamoring, wildly gesticulating traders, are highly volatile and risky. (San Francisco Chronicle)
Casino gambling highlights debate between slew of state hopefuls Aug 19, 2008
She said one experience on the campaign trail a person concerned about their neighbor affording home heating oil showed her what politics should embody. "It needs to be about your neighbor and my neighbor and somebody who needs help and, unfortunately, we all know someone like that right now," she said. (Hopkinton Town Crier, MA)
Gold rebounds as investors go bargain buying Aug 19, 2008
Heating oil futures fell 3. 43 cent to settle at $3. (The Star Online, Malaysia -- Business)
Taking stock as summer wanes Aug 18, 2008
The weather's still hot, and already you feel the pinch of winter heating oil. Not even your home is a refuge from such stress, as you watch its value plummet. (Boston Globe)
