Oil & Energy Online

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/

Tackling Our ‘New Normal’

How one fuel wholesaler has adapted to the post-pandemic business environment
How one fuel wholesaler has adapted to the post-pandemic business environment We got an early start preparing our fuel and lubricants business for what the COVID-19 virus might… https://oilandenergyonline.com/articles/all/tackling-our-new-normal/

Remote Monitoring Amid Social Distancing

Tank Monitors Aid Dealers & Customers Amid COVID-19 Crisis
Tank Monitors Aid Dealers & Customers Amid COVID-19 Crisis Under normal circumstances, experienced heating fuel dealers can predict their customers’ delivery needs with at least… https://oilandenergyonline.com/articles/all/remote-monitoring-amid-social-distancing/

Beyond the Big Apple

NYSEC President & CEO Rocco Lacertosa on COVID-19, biofuel blending standards and more
NYSEC President & CEO Rocco Lacertosa on COVID-19, biofuel blending standards and more With well over one million homes depending on renewable liquid heating fuel, downstate New… https://oilandenergyonline.com/articles/all/beyond-big-apple/

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/

The Oil Industry’s “Virtual Reality”

Separated by necessity, fuel professionals embrace online business solutions
Separated by necessity, fuel professionals embrace online business solutions Stay-at-home orders. Social distancing. ‘Coronavirus.’ In the future, when reflecting on what 2020… https://oilandenergyonline.com/articles/all/oil-industrys-virtual-reality/

Looking at Our New Normal

How to adjust your marketing strategy as the economy reopens
How to adjust your marketing strategy as the economy reopens For the past couple of months we’ve been looking at ways to manage your business during the COVID-19 crisis. Now, we… https://oilandenergyonline.com/articles/all/looking-our-new-normal/

COVID-19 Clears the Air

Carbon emissions expected to plummet in 2020
Carbon emissions expected to plummet in 2020 The U.S. Energy Information Administration (EIA) released a forecast projecting that U.S. energy-related carbon dioxide (CO2)… https://oilandenergyonline.com/articles/all/covid-19-clears-air/

Jones Act Impacts in the Coronavirus Crisis

Is the 100-year-old law helping or hurting the struggling U.S. economy? Maybe both?
Is the 100-year-old law helping or hurting the struggling U.S. economy? Maybe both? 2020 marks the centennial anniversary of the Merchant Marine Act of 1920 a.k.a. the Jones Act,… https://oilandenergyonline.com/articles/all/jones-act-impacts-coronavirus-crisis/

Farmers Supporting Firefighters

National Biodiesel Foundation gives back to first responders during COVID-19 pandemic
National Biodiesel Foundation gives back to first responders during COVID-19 pandemic NYC government is one of the nation’s largest users of biofuels. In the last eight years,… https://oilandenergyonline.com/articles/all/farmers-supporting-firefighters/

Global Brings 3,000+ Meals to Frontline Employees

All 3,000+ essential workers at Global Partners' retail markets, stations and terminals are receiving a scratch-made, family meal from Global's chef, Josh Smith, May 18-20.
All 3,000+ essential workers at Global Partners' retail markets, stations and terminals are receiving a scratch-made, family meal from Global's chef, Josh Smith, May 18-20. As… https://oilandenergyonline.com/articles/all/global-brings-3000-meals-frontline-employees/

Service Calls in the Era of Social Distancing

New platform enables techs to enter a customer’s home without leaving the office
New platform enables techs to enter a customer’s home without leaving the office The on-site service you provide is vital to your business. Service calls are not simply a revenue… https://oilandenergyonline.com/articles/all/service-calls-era-social-distancing/

Look Out Below

Crude oil futures fell into negative territory for the first time in history. Is heating oil next?
Crude oil futures fell into negative territory for the first time in history. Is heating oil next? On April 20, 2020, NYMEX WTI crude futures traded in negative territory for the… https://oilandenergyonline.com/articles/all/look-out-below/

Plan Ahead, Now or Never

Strategic planning is more critical than ever for energy companies
Strategic planning is more critical than ever for energy companies The demands of running a fuel oil or propane business today are more complex and are changing more rapidly… https://oilandenergyonline.com/articles/all/plan-ahead-now-or-never/

Will Clearer Skies Lead to a Cleaner Future?

COVID-19 could accelerate air-quality initiatives, including low-carbon fuel adoption
COVID-19 could accelerate air-quality initiatives, including low-carbon fuel adoption In these unsettling times, we could all use a glimmer of good news. With economies shut down… https://oilandenergyonline.com/articles/all/will-clearer-skies-lead-cleaner-future/

Heating Fuel Industry Aids in Coronavirus Relief

Dealers, wholesalers, manufacturers, vendors and associations all step up in time of crisis
Dealers, wholesalers, manufacturers, vendors and associations all step up in time of crisis It’s a cliché because it’s true: in times of crisis, there are those who run from… https://oilandenergyonline.com/articles/all/heating-fuel-industry-aids-coronavirus-relief/

COVID-19 Results in Lowest U.S. Petroleum Consumption in Decades

Impact far less severe on distillate fuel oil than gasoline, jet fuel
U.S. consumption of petroleum products has fallen to its lowest level in decades because of measures that limit travel and because of the general economic slowdown induced by… https://oilandenergyonline.com/articles/all/covid-19-results-lowest-us-petroleum-consumption-decades/

Are Oil Prices Presenting an Opportunity?

Disciplined hedging is paramount during Black Swan events
There has been, appropriately, much discussion about the recent, so-called Black Swan event, the coronavirus. I’ve witnessed the term Black Swan often inserted where it doesn’t… https://oilandenergyonline.com/articles/all/are-oil-prices-presenting-opportunity/

Managing Through the Coronavirus Crisis

How to mitigate the impact on your company
As bad as the winter was in terms of warm weather and lower fuel sales, it pales in comparison to the global health and economic crisis brought on by the coronavirus. For… https://oilandenergyonline.com/articles/all/managing-through-coronavirus-crisis/