Oil & Energy Online

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/

Power to the … International Corporate Ownership?

Maine’s push to create the first statewide consumer-owned utility
Maine’s push to create the first statewide consumer-owned utility In June, the Maine Senate voted against a bill to purchase the assets of the state’s two investor-owned… https://oilandenergyonline.com/articles/all/power-international-corporate-ownership/

Under Key & Under Contract

Secure your delivery network to grow your profits
Secure your delivery network to grow your profits Your propane fuel delivery system is a network. There are three ways you can enhance the profitability and security of that… https://oilandenergyonline.com/articles/all/under-key-under-contract/

Industry Survival Fund Update

Voluntary pilot program to begin running in Q4 2021 – liquid heating fuel dealers and wholesalers all across the country will soon be able to join
Voluntary pilot program to begin running in Q4 2021 – liquid heating fuel dealers and wholesalers all across the country will soon be able to join “We will not lie down and die… https://oilandenergyonline.com/articles/all/industry-survival-fund-update/

ESG

Three letters that could spell a wake-up call for energy businesses
Three letters that could spell a wake-up call for energy businesses Environmental, Social & Governance, or ESG, is a phrase that entered corporate parlance in recent years in… https://oilandenergyonline.com/articles/all/esg/

Going Back to Cali

New data from California’s Low Carbon Fuel Standard confirms the role of biodiesel and renewable diesel in CO2 reductions, outpacing electric vehicles 3:1
New data from California’s Low Carbon Fuel Standard confirms the role of biodiesel and renewable diesel in CO2 reductions, outpacing electric vehicles 3:1 Newly-released data… https://oilandenergyonline.com/articles/all/going-back-cali/

U.S. Consumed Record Amount of Renewable Energy in 2020

Including biofuels, biomass energy accounts for nearly 40 percent of nation’s renewables
Including biofuels, biomass energy accounts for nearly 40 percent of nation’s renewables In 2020, consumption of renewable energy in the United States grew for the fifth year in… https://oilandenergyonline.com/articles/all/us-consumed-record-amount-renewable-energy-2020/

Inside the CLCPA

An update on New York’s Climate Leadership and Community Protection Act
An update on New York’s Climate Leadership and Community Protection Act The New York State Climate Leadership and Community Protection Act (CLCPA) was signed into law in July… https://oilandenergyonline.com/articles/all/inside-clcpa/

FinTech

Use it to gain advantage
Use it to gain advantage It wasn’t long ago that much of the world seemed to be in a philosophical battle of sorts over whether technology, with all of its conveniences, was… https://oilandenergyonline.com/articles/all/fintech/

Giving Back & Building Up

F.W. Webb donates to Boston hospital, opens new location in New York City
F.W. Webb donates to Boston hospital, opens new location in New York City Heating and plumbing equipment supplier F.W. Webb Company has pledged $100,000 to Boston Children’s… https://oilandenergyonline.com/articles/all/giving-back-building/

R.W. Beckett Announces Acquisition of Westwood Products

North Ridgeville, OH: The R.W. Beckett Corporation has announced its acquisition of the assets of Westwood Products Inc. of South River, New Jersey. Westwood Products is a leading national supplier of specialty heating products for the oil heat and HVAC i…
North Ridgeville, OH: The R.W. Beckett Corporation has announced its acquisition of the assets of Westwood Products Inc. of South River, New Jersey. Westwood Products is a leading… https://oilandenergyonline.com/articles/all/rw-beckett-announces-acquisition-westwood-products/

NEFI Proposes Industry Survival Fund

Half-cent-per-gallon rack fee to protect, grow industry for future generations. 70% funds state association efforts, 30% national. Opt-out program would run Q3 2021 to Q4 2024.
Half-cent-per-gallon rack fee to protect, grow industry for future generations. 70% funds state association efforts, 30% national. Opt-out program would run Q3 2021 to Q4 2024.… https://oilandenergyonline.com/articles/all/nefi-proposes-industry-survival-fund/

Getting to the Core of the Matter

Google updates and core web vitals
Google updates and core web vitals Google updates its search ranking algorithms regularly. While some are considered “core updates” and have wide scale effects, most are minor… https://oilandenergyonline.com/articles/all/getting-core-matter/

Recovery Spells Economic Opportunity for Heating Oil Sellers

As demand returns, RIN spikes blow out ULSD-ULSHO spread
As demand returns, RIN spikes blow out ULSD-ULSHO spread The summer driving season was set to kick off shortly as of this writing in early May, and this summer is shaping up to… https://oilandenergyonline.com/articles/all/recovery-spells-economic-opportunity-heating-oil-sellers/

More Openings on the Open Road

Truck driver shortage grabs national attention
Truck driver shortage grabs national attention After the recent cyberattack on the Colonial Pipeline, the media shined a bright light on the country’s shrinking truck driver… https://oilandenergyonline.com/articles/all/more-openings-open-road/

One Million Heat Pumps

New England grid operator expects over 1.1 million installations by 2030
New England grid operator expects over 1.1 million installations by 2030 Can your business afford to lose more than half of its customers over the next nine years? Can any… https://oilandenergyonline.com/articles/all/one-million-heat-pumps/

NOAA Predicts Active Atlantic Hurricane Season

Up to five major hurricanes forecast through November 30, 2021
Up to five major hurricanes forecast through November 30, 2021 The National Oceanic and Atmospheric Administration (NOAA) Climate Prediction Center is predicting another… https://oilandenergyonline.com/articles/all/noaa-predicts-active-atlantic-hurricane-season/

Category 2 Hurricane Could Cripple Electrical Grid

At least one Northeast state would endure month-long power outages
At least one Northeast state would endure month-long power outages After last winter’s polar vortex devastated the southern region of the U.S., there was a lot of talk about New… https://oilandenergyonline.com/articles/all/category-2-hurricane-could-cripple-electrical-grid/

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/

Up, Up & Obey!

FMCSA increases driver and carrier fines for the second time in 2021
FMCSA increases driver and carrier fines for the second time in 2021 On May 3, 2021, the Federal Motor Carrier Safety Administration (FMCSA) increased the civil penalty amounts… https://oilandenergyonline.com/articles/all/obey/

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