Oil & Energy Online

Diversification for the Next Generation

Energy business consultants offer advice on expansion and succession planning
Energy business consultants offer advice on expansion and succession planning Whether tomorrow’s homes are heated by renewable liquid fuels, electric heat pumps, or some… https://oilandenergyonline.com/articles/all/diversification-next-generation/

Gray, Gray & Gray 2021 Energy Survey Results

Fuel dealers are confident and prepared despite significant challenges
Fuel dealers are confident and prepared despite significant challenges Energy industry accounting and advisory firm Gray, Gray & Gray, LLP has released the results of its 30th… https://oilandenergyonline.com/articles/all/gray-gray-gray-2021-energy-survey-results/

We, the PPPeople (Part 2)

An update on industry participation in the Paycheck Protection Program
An update on industry participation in the Paycheck Protection Program The Paycheck Protection Program (PPP) was established in March 2020 to incentivize small businesses to keep… https://oilandenergyonline.com/articles/all/we-pppeople-part-2/

Staffed Through the Pandemic?

Your energy business may be eligible for an Employee Retention Tax Credit
Your energy business may be eligible for an Employee Retention Tax Credit The Employee Retention Tax Credit (ERC) was introduced in 2020 as part of the federal government’s… https://oilandenergyonline.com/articles/all/staffed-through-pandemic/

Know Your Worth

Ten factors affecting business value in the energy industry
Ten factors affecting business value in the energy industry The turmoil of the lengthy pandemic and global shifts in fuel supply has impacted many aspects of the energy industry.… https://oilandenergyonline.com/articles/all/know-your-worth/

A Buyer’s — and a Seller’s — Market

Six reasons for the heating fuel industry’s recent spike in M&A activity
Six reasons for the heating fuel industry’s recent spike in M&A activity As we all know, we are in a consolidating industry. We estimate that there are around half as many… https://oilandenergyonline.com/articles/all/buyers-and-sellers-market/

When Is a Customer Not a Customer?

Tips for maintaining an updated account list
Tips for maintaining an updated account list Every fuel oil and propane dealer loses customers, and each for a different reason. Maybe the customer sold their home and moved out… https://oilandenergyonline.com/articles/all/when-customer-not-customer/

Building the Right Team for Your Energy Business

Five essential values to seek when making staffing decisions
Five essential values to seek when making staffing decisions A strong team plays a critical role in the success of any energy business. Nobody can handle on their own the… https://oilandenergyonline.com/articles/all/building-right-team-your-energy-business/

Gray, Gray & Gray Launches 30th Annual Energy Industry Survey

Survey will collect data from fuel oil and propane marketers spanning April 2020 through March 2021
Survey will collect data from fuel oil and propane marketers spanning April 2020 through March 2021 Gray, Gray & Gray, LLP, a consulting and accounting firm serving the fuel oil… https://oilandenergyonline.com/articles/all/gray-gray-gray-launches-30th-annual-energy-industry-survey/

The Weakest Link in Cybersecurity

It might already be glaring at you from your computer screen
It might already be glaring at you from your computer screen Cyberattacks are increasing in frequency and sophistication. The targets of these attacks are not necessarily billion… https://oilandenergyonline.com/articles/all/weakest-link-cybersecurity/

How Tax Changes May Affect Your Exit Timing

Thinking of getting out soon? Stop thinking and do it.
Thinking of getting out soon? Stop thinking and do it. If you have given any thought to selling your fuel oil or propane business and retiring, now might be a good time. And I… https://oilandenergyonline.com/articles/all/how-tax-changes-may-affect-your-exit-timing/

The Case for Strategic M&A Transactions

Plan for accelerated growth and added value
Plan for accelerated growth and added value Successful fuel oil and propane business owners understand that there are options to accelerate growth through the use of strategic… https://oilandenergyonline.com/articles/all/case-strategic-m-transactions/

Budget Planning in Uncertain Times

More important and demanding now than ever
More important and demanding now than ever While we can never be certain what the future holds, the grip of the global pandemic has made prediction an even more unreliable… https://oilandenergyonline.com/articles/all/budget-planning-uncertain-times/

Building a More Resilient Business

How energy marketers can plan for threats, both immediate and long-term
How energy marketers can plan for threats, both immediate and long-term The recently published results of our 29th annual Energy Industry Survey contain a wealth of valuable… https://oilandenergyonline.com/articles/all/building-more-resilient-business/

We, the PPPeople

Liquid heating fuels well represented in list of Paycheck Protection Program loan recipients
Liquid heating fuels well represented in list of Paycheck Protection Program loan recipients The Paycheck Protection Program (PPP) was established to incentivize small businesses… https://oilandenergyonline.com/articles/all/we-pppeople/

Let’s Make a Deal (Post-Pandemic Version)

Lenders are ready to finance but social distancing presents logistical and personal obstacles
Lenders are ready to finance but social distancing presents logistical and personal obstacles The lingering effects of the COVID-19 crisis are impacting the way businesses in the… https://oilandenergyonline.com/articles/all/lets-make-deal-post-pandemic-version/

The Complicated Dynamics of Selling Your Company

There is no “template” for closing a deal, but there is plenty to consider
There is no “template” for closing a deal, but there is plenty to consider The ordeal of managing a fuel oil or propane business through the latest global crisis may have you… https://oilandenergyonline.com/articles/all/complicated-dynamics-selling-your-company/

The PPP and Me

A gas station operator’s personal experience with the Payroll Protection Program
A gas station operator’s personal experience with the Payroll Protection Program At close to a 35 percent sales loss and with no employees ready to work, being an essential… https://oilandenergyonline.com/articles/all/ppp-and-me/

How Coronavirus Has Changed Succession Planning

The old way is no longer enough to ensure survival
The old way is no longer enough to ensure survival The coronavirus pandemic has affected virtually all business segments, including energy. Even though the crisis reached its… https://oilandenergyonline.com/articles/all/how-coronavirus-has-changed-succession-planning/

“Net-Zero 2050 Road Map” To Be Presented at Virtual HEAT Show

NEFI taps global management consulting firm Kearney to develop strategic plan in coordination with heating fuel industry
NEFI taps global management consulting firm Kearney to develop strategic plan in coordination with heating fuel industry At the 2019 HEAT Show, more than 300 heating fuel… https://oilandenergyonline.com/articles/all/net-zero-2050-road-map-be-presented-virtual-heat-show/