Fuel Oil News April 2019 | Page 42

FACT : Historically , heating oil prices have been lower than natural gas prices . PLUS , Heating oil inherently provides a greater overall value than natural gas ever can .
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• In 2016 , oil prices fell to their lowest level since 2005 .
• From January 2014 to January 2016 , oil prices fell by $ 2.70 per gallon . been released by the Aliso Canyon leak between October 23 , 2015
• If you don ’ t have a gas hookup , the utility will have to dig a trench , run a line to your home
• Oil prices fell every single month from June 2014 to January 2015 and and February 11 , 2016 . and install a meter : $ 1,000- $ 1,500 . then again every month from May 2015 to January 2016 . Electric rates are rising and rising , with no signs of stopping anytime • The leak occurred soon . in a natural gas storage facility beneath the Today ’ s new heating oil : Bioheat ® fuel , a clean , green blend of renewable • Hooking resources up the gas line . to the meter will cost another $ 500- $ 1,000 .
• The U . S . Department of Energy expects oil prices to remain low for … atThat least ’ s one thing you can “ thank ” the natural gas utilities Porter for Ranch . neighborhood of Los Angeles .
Today ’ s natural gas : the same , old greenhouse gas contributing • A methane new chimney . liner will most likely be required as well : $ 750- $ 2,000 . the next two years ; some experts think prices will fall even lower and for
• With area residents ( especially children ) complaining of
• Lastly , your oil tank will have to be removed : $ 500- $ 1,500 for an aboveground tank , longer periods . headaches , nausea , vomiting and difficulty breathing ,
$ 1,500- $ 3,000 for an underground tank . approximately 11,296 people were uprooted and temporarily
• Given these figures , the combined conversion cost could total $ 7,750- $ 17,500 .
• From 2004 to 2016 , the annual average price of electricity has risen
• Much of today ’ s heating oil is a low-sulfur or ultra-low sulfur Heating oil users enjoy lower prices whenever the market value of oil decreases . relocated as a result of the leak . from 8.95 cents / kWh to 12.53 cents / kWh , an increase of more blend containing as little as 15 sulfur Due partially to increases in domestic oil production , heating oil prices have
A utility-paid parts per gas million heating , which contractor might give you a quote that ’ s significantly lower , but keep in mind that they ’ re probably only than 30 %. reduces sulfur emissions by 99 %. fallen sharply over the past two years and are expected to remain low for the
As bad as all this sounds , the Aliso Canyon leak is just one more showing you the equipment and installation ( labor ) cost , not the combined conversion cost itemized above .
• The retail price of electricity is expected to jump again in 2017 ,
• Many heating oil dealers deliver Bioheat foreseeable future . On the other hand … disaster in a string of calamities caused by the big utilities ’ hazardous ® fuel , a clean , to 12.87 cents / kWh . green blend of heating oil and renewable biodiesel . natural gas distribution system . The truth is that old , unmaintained
• Electricity rates have risen most for homes in New England and
• Bioheat pipelines are sprouting dangerous leaks all across the country . ® fuel blends are available with different the Mid-Atlantic states , though they ’ re up all across the country . concentrations of biodiesel ; a B2• blend Natural contains gas spot 2 % prices are subject to huge spikes . For example , in the winter of 2013-2014 , industrial prices skyrocketed biodiesel , B5 contains 5 %, B20 contains from $ 20 4 /%, MMBtu and soto on$ 100 up / MMBtu .
One of the biggest contributors to rising residential electricity rates is the to B100 , which is pure biodiesel . winter of 2013-2014 , industrial prices skyrocketed from $ 4 / MMBtu
• Since 2000 , natural gas prices have risen by more than $ 2.30 per 1,000 cubic feet . increasingly strained natural gas distribution system . Insufficient pipeline to $ 100 / MMBtu .
• Depending on your home ’ s distance from the nearest gas line , the utility could tack on a surcharge costing you hundreds capacity has prevented natural gas from reaching the power plants that
• From 2000 to 2015 , the average residential price of natural gas rose supply chain releases 7.3 million metric tons of methane emissions each year . more upfront or annually . rely on it to generate electricity . by more than $ 2.30 / Mcf .
• Duke University scientists found more than 5,800 leaks from aging pipelines in Washington , D . C ., some with methane If you ’ re wondering what an MMBtu is , you ’ re not alone . Gas prices are listed in terms of 1,000,000 British thermal units
• Natural gas prices rose by more than $ 1.00 / Mcf from January 2016 levels 10 times higher than the concentration needed to cause an explosion .
( MMBtu ) and 1,000 cubic feet ( Mcf ), making them much more difficult to decipher than oil prices , which are measured in to January 2017 .
• In Boston , Mass ., Boston University scientists discovered an additional 3,300-plus leaks with methane levels up to
• When renewable , domestically produced gallons and biodiesel barrels is ( 42 mixed gallons ). 15 times higher than ambient background levels . with ultra-low sulfur heating oil ( ULSHO ), the resulting
• From 2002 to 2013 , electricity generation from natural gas increased from If you ’ re wondering what MMBtu and Mcf are , you ’ re not alone . Gas
• Massachusetts has more than 21,000 miles of natural gas pipelines , some estimated to be more than 150 years old .
Bioheat 639,129 mWh to 1,113,655 mWh , an increase of 75 %. ® fuel can produce even lower emissions than prices are listed in terms of 1,000,000 British thermal units ( MMBtu ) and A recent study concluded that nearly one-third of the gas delivery infrastructure is prone to leaks. natural gas .
• In 2015 , natural gas accounted for 33 % of all U . S . electricity generation ; 1,000 cubic feet ( Mcf ), making them much more difficult to decipher than
• According to the U . S . DOT Pipeline and Hazardous Materials Safety Administration ,
• According to a report given to Congress in 2015 , this number increased to nearly 34 % in 2016 . oil prices , which are measured in gallons and barrels ( 42 gallons ). And
11,208 pipeline incidents have occurred over the past 20 years , resulting in
B2 Bioheat
• Looking ahead , the EIA expects natural gas to fuel more than 60 % of ® fuel blended with ULSHO produces
• Consumers enjoy lower prices whenever oil ’ s market value those aren ’ t the only gas pricing issues you might not know about …
360 deaths , 1,376 injuries and $ 6,859,276,120 in damages. lower greenhouse gas emissions than natural gas new electricity generation needed from 2025-2040 . decreases . over 20 years .
• According to some estimates , natural gas will account for 42 % of all
• The U . S . has a surplus of oil that should keep prices low for
With all these leaks and other issues , you ’ d think that the natural • B15 gas Bioheat utilities would be electricity generation in 2040 . ® fuel blended with ULSHO produces lower emissions over 100 years . years to come . rushing to get their infrastructure in working order … but guess • On what the? other hand , natural gas is 95 % methane , and methane is as much as 28-84 times more damaging to the
• Many heating oil dealers offer price protection programs and environment than carbon dioxide .
As more and more power plants turn to natural gas , and less and less natural budget plans . peak delivery rates , customer charges , commodity charges , gas is available , residential electricity rates continue to increase , as does
• You can save up to 25-40 percent off your heating costs by conservation adjustments , sales service charges , transportation the likelihood of brownouts and blackouts occurring in the coldest weeks of upgrading to high-efficiency Oilheat equipment , at a fraction service charges and more .
• The Markey Report to Congress reveals that consumers paid $ 20 billion for gas winter and the hottest days of summer mer . So who actually does benefit from of the cost of a gas heat conversion .
• Depending on your home ’ s distance from the nearest gas line , the utility could tack on a surcharge costing you hundreds that they never received , because of pipeline leaks and • other New lost York gas City . currently requires all heating oil to contain a minimum 2 % biodiesel . natural gas-fueled electricity ? more upfront or annually .
• Gas companies make money from leaking pipes , because • This theminimum customers level paywill be raised to B5 in October 2017 , B10 in 2025 , B15 in 2030 and Money-saving rebates and incentives are available to help you stick for lost and unaccounted-for gas even when it never reaches B20 their in homes 2034 , . with an environmental impact equivalent to taking 175,000 cars off with Oilheat . Not ready for a complete system upgrade ? Ask your With heating oil , the price you pay is the price you pay . Plus , many heating oil dealers offer price protection programs and the road . Oilheat company about installing a smart thermostat or system budget plans that help you take control of your energy costs . They also offer 24 / 7 emergency service , automatic delivery and While foreign-owned gas utilities profit off of an unreliable delivery • Rhode system Island , Oilheat currently is requires a B4 blend , which will be raised to B5 in July 2017 .
• Because of the way utilities are regulated , they actually earn more as they spend more . controls that can help you save energy and money . service plans to give you and your family the peace of mind you just won ’ t get from the natural gas utilities . delivered reliably by local , family-owned companies and stored • In safely Maryland on your , atproperty least 50 .% of all Oilheat equipment in state buildings must use a
• Since 2004 , utilities ’ annual capital expenditures have more than doubled , from $ 41 billion to $ 103 billion . Total capital minimum B5 blend . spending for 2004-2016 is expected to surpass $ 1 trillion .
• Many other states and regions have low or ultra-low sulfur regulations , and are
• Much of this money goes to pay for new natural gas-fueled power plants , and residential ratepayers foot the bill . considering Bioheat
For more information on these points , or other questions about
• In 2013 , electric utilities earned $ 36 billion , 36 % more than they did in 2004 . ® fuel requirements . switching your home heating fuel , talk to your Oilheat dealer .
• For 2015-16 , National Grid reported an operating profit of $ 5.2 billion , an increase of $. 5 billion since
For 2013-14 more
. information on these points , or other questions about
For more information on these points , or other questions about switching your home heating fuel , talk to your Oilheat dealer .
Bioheat ® fuel blends up to B5 have been tested and approved for use in any existing oilfired heating system . These blends perform just as well as conventional heating oil , with switching your home heating fuel , talk to your Oilheat dealer .
The more people convert to natural gas , the more you pay for electricity . Why make a bad situation worse on you , your family no modification to your boiler or furnace required . You may already be using Bioheat
Coalitio and your neighbors ? www . AmericanEnergyCoalition . org ® fuel without even knowing it .
For more information on these points , or other questions about switching your home heating fuel , talk to your Oilheat dealer .
Coalition . org
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Brought to you by Aliso Canyon was just the tip of the iceberg … Natural gas pipelines are leaking methane all across the country , putting millions of Americans at risk . Is your neighborhood next ?
AEC _ DataSheet5 _ Supply . indd 1
4 / 26 / 17 3:44 PM
For more information on these points , or other questions about switching your home heating fuel , talk to your Oilheat dealer .
AEC _ DataSheet4 _ Bioheat . indd 1 www . AmericanEnergyCoalition . org
Brought to you by You might ’ ve heard that switching from oil to gas heat can help you save money . What you probably haven ’ t heard about are the hidden costs of gas conversion .
AEC _ DataSheet1 _ CostToCovnert . indd 1
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4 / 26 / 17 3:29 PM

WORK TRUCK SHOW DRAWS RECORD CROWD

Arecord 14,256 industry professionals from 28 countries attended The Work Truck Show 2019 , event producer NTEA reported . Event highlights included vehicle introductions , equipment demonstrations , educational opportunities , and a broad display of vocational trucks and equipment .

Having maxed out its traditional display space within Indiana Convention Center in Indianapolis , The Work Truck Show 2019 expanded to include a New Exhibitor Pavilion across the hall from the exhibit floor , as well as a section of the Hoosier Hallway dedicated to manufacturing technology displays and demonstrations . To make room for the inaugural Manufacturer and Distributor Innovation Conference , NTEA – The Association for the Work Truck Industry moved the Green Truck Summit and Fleet Technical Congress to the connected JW Marriott .
Work Truck Week 2019 took place March 5 – 8 . The event returns to the Indiana Convention Center for its 20th anniversary March 3 – 6 , 2020 .
Ford Commercial Vehicles kicked off the new product debuts , introducing the all-new F-600 Super Duty chassis cab , as well as

Advocate on Behalf of the Heating Oil Industry and Spread the Truth About Natural Gas

AEC has consistently provided our members and dealers with the hard hitting , educational information that Oilheat consumers need to make informed decisions about their heating fuels .
Educational Data Sheets & Flyers
updates to its Transit , F-650 and F-750 , E-Series and F-53 and F-59 stripped chassis models . Mitsubishi Fuso Truck of America Inc . unveiled its new FUSO FE180 gasoline-powered cabover truck . Nissan Commercial Vehicles showcased its Ultimate Work TITAN developed specifically for donation to Habitat for Humanity and introduced Rocky Ridge truck customization packages .
There was buzz around electric vehicles at the Show , as Spartan Fleet Vehicles and Services ’ Utilimaster brand introduced three new vehicle platforms : two fully electric chassis and a truck body specifically developed for last-mile grocery delivery . XL introduced the first plug-in hybrid electric Ford F-250 Super Duty pickup truck , XLP F-250 . Freightliner Trucks spotlighted its all-new electric eM2 106 . Other chassis manufacturers making news at the show included International Truck , Ram Commercial and Mack Trucks Inc . For photos , videos , stories and more from the Show , visit worktruckshow . com / scenes . l FON
PHOTO COURTESY OF NTEA
HEATING OIL HAS
GREATER VALUE
HEATING OIL PRICES ARE DOWN
NATURAL GAS PRICES ARE UP
• Natural gas spot prices are subject to huge spikes . For example , in the
NATURAL GAS COMES WITH SURCHARGES & FEES
• The utilities add a number of confusing charges to their bills , including
DON ’ T CONVERT YOUR FUEL . CONVERT YOUR THINKING .
American
AmeEnergy Coalition
ELECTRICITY RATES ON THE RISE
For more information about these and other facts , visit www . AmericanEnergyCoalition . org © 2017
DON ’ T GET ZAPPED BY
THE UTILITIES
THE ELECTRIC UTILITIES STAND TO TURN RECORD PROFITS
MORE AND MORE POWER PLANTS RUN ON NATURAL GAS
UNSAFE GAS LEAKS ARE
EVERYWHERE
American
Energy Coalition 109,000 METRIC TONS OF METHANE
• That ’ s how much of this dangerous pollutant is estimated to have
A DISASTER WAITING TO HAPPEN
• According to the Environmental Defense Fund , the natural gas
UTILITY CUSTOMERS PAY FOR GAS LEAKS
DON ’ T CONVERT YOUR FUEL . CONVERT YOUR THINKING .
American
For more information about these and other facts , visit www . AmericanEnergyCoalition . org © 2017
TODAY ’ S NEW HEATING OIL :
®
BIOHEAT FUEL
MANY CITIES AND STATES ARE CATCHING ON
HEATING OIL IS GREEN AND GOING GREENER
BIOHEAT ® FUEL IS AMERICA ’ S CLEANEST HEATING FUEL
THE REAL COST
TO CONVERT
American
Energy Coalition COMBINED CONVERSION COST
• The cost of a new gas boiler or furnace alone can be $ 5,000- $ 10,000 .
NATURAL GAS PRICES & SURCHARGES
DON ’ T CONVERT YOUR FUEL . CONVERT YOUR THINKING .
American
Energy Coalition
OILHEAT SAVES MONEY & ENERGY
• In 2016 , oil prices fell to their lowest level in over 10 years .
For more information about these and other facts , visit www . AmericanEnergyCoalition . org © 2017
DON ’ T CONVERT YOUR FUEL . CONVERT YOUR THINKING .
DON ’ T CONVERT YOUR FUEL . CONVERT YOUR THINKING .
For more information about these and other facts , visit www . AmericanEnergyCoalition . org © 2017 For more information about these and other facts , visit www . AmericanEnergyCoalition . org © 2017

American

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