Monday, September 16, 2019

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Creating Confidence in RINs

The marketplace for federal energy credits known as RINs (Renewable Identification Numbers) is becoming more transparent and reliable with the development of a new auditing system designed to reduce RIN fraud.
The marketplace for federal energy credits known as RINs (Renewable Identification Numbers) is becoming more transparent and reliable with the development of a new auditing system… http://oilandenergyonline.com/articles/all/creating-confidence-rins/

NORA Develops Research Agenda

More than 40 participants from various corners of the heating oil industry gathered in New York last month to help the National Oilheat Research Alliance (NORA) formulate a research and development agenda for the next few years. NORA hosted the two-day…
More than 40 participants from various corners of the heating oil industry gathered in New York last month to help the National Oilheat Research Alliance (NORA) formulate a… http://oilandenergyonline.com/articles/all/nora-develops-research-agenda/

Avoid a Big Tax Bite When Selling Your Oilheat Business

For somebody in my line of work there is no worse feeling than walking into the closing of the sale of a business, only to have the seller turn to me and ask, “How much will I have to pay in taxes?” Argh!
http://oilandenergyonline.com/articles/all/avoid-big-tax-bite-when-selling-your-oilheat-business/

NORA Explores Research Priorities

The National Oilheat Research Alliance (NORA) is developing an agenda for the “Research, Development & Demonstration” work that is a top priority under the revised NORA charter.
http://oilandenergyonline.com/articles/all/nora-explores-research-priorities/

More Essentials of Price Risk Management

Last month, I put forth some essentials of price risk management and hedging. It started with giving customers what they want and asserting that they want protection against significantly higher heating oil prices. I suggested that customers be made aware…
http://oilandenergyonline.com/articles/all/more-essentials-price-risk-management/

Check or Credit Card?

Credit card payments pay a vital role in most retail energy sales and home comfort services, and there are a lot of complexities involved. Once seen as a costly way of accepting customer payments, credit cards are getting more love from energy marketers b…
http://oilandenergyonline.com/articles/all/check-or-credit-card/

Tracy Morgan Crash Shines Spotlight on HOS Debate

A crash on the New Jersey Turnpike that killed one man and critically injured “30 Rock” and “Saturday Night Live” star Tracy Morgan has thrown a national spotlight on fatigued driving. The accident occurred just as Congress was preparing to debate the hou…
http://oilandenergyonline.com/articles/all/tracy-morgan-crash-shines-spotlight-hos-debate/

Adapting to the New Fuel Specifications

Heating oil wholesalers and marketers are beginning to navigate the hodgepodge of heating oil fuel specifications that have developed as individual states move to reduce the sulfur content in the fuel.
http://oilandenergyonline.com/articles/all/adapting-new-fuel-specifications/

ADD Systems Users Learn Together

ADD Systems, a provider of software solutions for energy marketers, recently held its User Conference at Disney’s Boardwalk Resort in Lake Buena Vista, Fla. Following the conference, Oil & Energy caught up with ADD Systems President Bruce C. Bott to discu…
http://oilandenergyonline.com/articles/all/add-systems-users-learn-together/

Partnership Helps Boston Steel Do More for Customers

Boston Steel & Mfg. Co. customers will see an expanded product line and faster delivery times now that the Malden, Mass.-based truck tank builder has partnered with Tremcar USA.
http://oilandenergyonline.com/articles/all/partnership-helps-boston-steel-do-more-customers/

Thermo Pride Introduces 95 Percent Efficient Oil Furnace

Thermo Products LLC, the North Judson, Ind.-based maker of heating and cooling products, recently introduced a new condensing oil furnace that achieves a 95 percent rating on the AFUE efficiency scale and is Energy Star 4.0 listed.
http://oilandenergyonline.com/articles/all/thermo-pride-introduces-95-percent-efficient-oil-furnace/

Marketers Discuss Diversification

Executives at three Northeast energy companies discussed their experiences with diversification during a panel discussion conducted at the recent 2014 Visions Conference.
http://oilandenergyonline.com/articles/all/marketers-discuss-diversification/

Today’s Contractors Wear Many Hats

So what are the tools of the heating industry trade? Wrenches? Screwdrivers? If you think that’s all you need to succeed in this business then you better think again. Without question, the ability to turn a wrench is a prerequisite, but today there is so …
http://oilandenergyonline.com/articles/all/todays-contractors-wear-many-hats/

Less Is More

How remote monitoring can reduce delivery expenses
http://oilandenergyonline.com/articles/all/less-more/

Be Systematic in Pursuit of New Customers

As homeowners change their energy consumption habits, marketers face pressure to move beyond fuel-centric business models and find success selling to customers who might not even heat their homes with oil.
http://oilandenergyonline.com/articles/all/be-systematic-pursuit-new-customers/

Maintaining Momentum Into the Next Heating Season

The 2013-2014 heating season was one of the longest and coldest – and consequently one of the most successful – in recent memory. As I write this in late May there are still nights when my home heating system clicks on to fight off the late spring chill. …
http://oilandenergyonline.com/articles/all/maintaining-momentum-next-heating-season/

DOT Proposes New Rules for Oil Trains

The recent oil boom that has made the United States the world’s leading oil producer has also made the U.S. railway system a major player in oil transportation, and the U.S. Department of Transportation today proposed new rules designed to improve rail sa…
http://oilandenergyonline.com/articles/all/dot-proposes-new-rules-oil-trains/

Data Security as a Strategic Advantage

The high-profile credit card security breaches at major U.S. retailers over the last six months emphasize the prevalence of data theft and also spotlight the risks to a merchant caught unprepared for such crimes.
http://oilandenergyonline.com/articles/all/data-security-strategic-advantage/

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