When looking for a new house, you may have different fuel types to choose from. Some houses are heated with oil, some with propane, and some with natural gas. Smaller houses and condos often have electric heat, which can be the most expensive. For new construction, there are also electric heat pumps and geothermal options, …
What a year it has been for heating oil. As we round out 2022, heating oil prices are up 3.8% since last week, to an average low price of about $4.10 a gallon in the Northeast. Looking back at the year, we started 2022 at around $2.86 a gallon. Prices skyrocketed with Russia’s invasion of …
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 …
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