Monday, September 16, 2019

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Associations Convene for First Southern New England Energy Conference

Marketers from Connecticut, Rhode Island and Massachusetts convened recently for the first Southern New England Energy Conference. Held at the Mohegan Sun hotel and casino in Uncasville, Conn., the two-day event was a joint production of the Connecticut …
http://oilandenergyonline.com/articles/all/associations-convene-first-southern-new-england-energy-conference/

EIA Publishes Favorable Price Forecast

Heating oil marketers got some good news last month when the U.S. Energy Information Administration (EIA) predicted that heating oil costs would drop this winter while natural gas heating costs would rise. EIA forecasted household heating costs in its …
http://oilandenergyonline.com/articles/all/eia-publishes-favorable-price-forecast/

10 Ways to Generate More Business This Winter

The heating season is upon us, but there us still time to tackle some last-minute marketing projects that can generate additional revenue and improve your profitability in the cold months ahead.
http://oilandenergyonline.com/articles/all/10-ways-generate-more-business-winter/

FMCSA Announces 17 Minor Rule Changes

While the rest of the government was shut down, the Federal Motor Carrier Safety Administration quietly issued a large number of small rule changes to comply with this summer’s MAP-21 Transportation bill. Below are the 17 rule changes FMCSA has made to …
http://oilandenergyonline.com/articles/all/fmcsa-announces-17-minor-rule-changes/

What is ‘Goodwill’ and How Can I Get Some?

One of the most important factors in making an oilheat or propane business more valuable is “goodwill.” While you can easily tally up the value of your delivery trucks, parts and product inventory, equipment and real estate, these assets can all be dwarfe…
http://oilandenergyonline.com/articles/all/what-goodwill-and-how-can-i-get-some/

Hedging Guidance Adds Valuable Perspective

When Mobil Oil transferred me to New England in the early ‘90s to work in the Distillates Department, price protection programs offered by heating oil retailers to consumers were in their infancy. As with a lot of start-up programs, the offerings were not…
http://oilandenergyonline.com/articles/all/hedging-guidance-adds-valuable-perspective/

Device Improves Fuel Economy by Changing Fuel’s Structure

A Connecticut company is marketing a fuel modification device that can help heating oil customers save 10 percent or more on fuel bills by deriving more heat from the fuel. The Fitch Fuel Catalyst (FFC), created and marketed by Advanced Power Systems I…
http://oilandenergyonline.com/articles/all/device-improves-fuel-economy-changing-fuels-structure/

Make Your Numbers Count

Does it feel like the margin for error in your business keeps getting smaller? If so, you’re not alone.
http://oilandenergyonline.com/articles/all/make-your-numbers-count/

Five Reasons to Work With a Financial Advisor

Old habits die hard.” For better or worse, this well-worn phrase applies to many who operate in the fuel distribution industry. Certain habits have helped dealers run consistently efficient operations and maintain a solid customer base despite increased c…
http://oilandenergyonline.com/articles/all/five-reasons-work-financial-advisor/

Hedge Insite Helps Fuel Marketers See Ahead

Hedge Insite is a risk management tool that helps fuel marketers peer into the future and evaluate their hedging positions and improve profitability. Oil & Energy recently caught up with Hedge Insite’s managing partner Richard Larkin to learn more about t…
http://oilandenergyonline.com/articles/all/hedge-insite-helps-fuel-marketers-see-ahead/

Blend With Care

Bulk plant operators can prevent fuel quality issues, avoid downtime and even reduce insurance premiums by attending to the details of fuel blending and storage, according to Brian Savage, President of Savage Associates, specialists in petroleum storage a…
http://oilandenergyonline.com/articles/all/blend-care/

Think Tanks

In November 2013 Leading experts offer advice on fuel storage and security
http://oilandenergyonline.com/articles/all/think-tanks/

Mass. Marketers Confront State’s Pro-Gas Initiative

Like their colleagues in Connecticut and New York State, Massachusetts Oilheat marketers find themselves fighting an apparent alliance of state regulators and utilities bent on replacing heating oil with natural gas. Michael Ferrante, President of the …
http://oilandenergyonline.com/articles/all/mass-marketers-confront-states-pro-gas-initiative/

The Battle Against Gasoline Dispenser Skimmers

We don’t need to tell you that over thepast decade, from Washington to Florida, ID thieves have been taking advantage of the widely available easily copied “universal” keys that secure the doors of most gasoline dispensers. The thieves open the access …
http://oilandenergyonline.com/articles/all/battle-against-gasoline-dispenser-skimmers/

Propane Tank Locks Deter Theft and Unauthorized Fills

Lock America offers two types of propane tank locks to help marketers discourage unauthorized fills and prevent tank theft.
http://oilandenergyonline.com/articles/all/propane-tank-locks-deter-theft-and-unauthorized-fills/

Tier 3 Would Bring Changes to Gasoline and Vehicles

In February, the EPA is expected to release its final rule on the Tier 3 standard that is designed to reduce air pollution from passenger cars and trucks. Starting in 2017, Tier 3 would lower the sulfur content in gasoline, and set new vehicle emissions …
http://oilandenergyonline.com/articles/all/tier-3-would-bring-changes-gasoline-and-vehicles/

When Failure Is Not An Option

Knowing what we know about Ted Burke today, if you were growing up with him he just might have been one of those kids who was game for anything. Eat that bug? Sure. Jump out of that tree? OK. Put a tack on the teacher’s chair? Sounds like fun.
http://oilandenergyonline.com/articles/all/when-failure-not-option/

Leveraging the RFS for Success in Home Heating

Robert Kuhsel says he didn’t want to end up an old man on a barstool crying into his beer over what might have been. At one time a high school shop teacher, he decided it was time for a dramatic career change. “What motivated me was that I was not happy w…
http://oilandenergyonline.com/articles/all/leveraging-rfs-success-home-heating/

Credit Card Surcharging Now Permitted

Have you ever been into a store with a sign reading “cash only” or “$10 minimum on credit card transactions”? This is most likely due to the fact that businesses accepting credit cards pay a percentage of every transaction to the credit card companies for…
http://oilandenergyonline.com/articles/all/credit-card-surcharging-now-permitted/

Industry’s Approach on Tanks Is Much Improved

We’ve come a long way! In 2003 the National Oilheat Research Alliance (NORA) embarked on a program to assure that fuel oil storage tank systems were properly installed and maintained. The program was developed in conjunction with the Institute for Busi…
http://oilandenergyonline.com/articles/all/industrys-approach-tanks-much-improved/

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