The temperature in the Northeast has gone from the low 70s this weekend, to the high 20s today. The heat is on, and it’s time to check those heating oil tanks. With heating oil prices at near record highs, it can cost over $1,000 to fill up a typical oil tank. This may have you …
Continue reading “Low on Heating Oil? How Long Until a Runout”
If you have not heard the news, things are not looking great for the oil industry right now. With what has happened in Ukraine, the world is struggling to manage the oil supply. In 2022, oil prices have skyrocketed. Further, OPEC+ has decided to cut production in anticipation of a recession. The result? Crazy high …
Continue reading “Heating Oil Inventories At Historically Low Levels”
If you’ve got a big old heating oil tank in your basement, you’ll want to know the level every now and then. The Smart Oil Gauge provides tank readings right to an app on your phone. It uses an ultrasonic sensor to measure the level in the tank. So you may be wondering, how accurate …
One of the benefits of heating oil is you can order heating oil on your own terms. With oil heat, you can keep track of your tank level and only order oil as needed. It does beg the question though: how much heating oil should I order? In this post we’ll break down things to …
Some good news to share on the heating oil front: prices are down about 13% since this time last month. It appears the supply constraints are starting to ease off in recent weeks. While heating oil prices are trending down, the rack prices are trending down even further. In this post we’ll break down why …
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