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Lawmakers Campaign to Prevent Savage Heat Aid Cuts

Independent senator Bernie Sanders is part of a coalition of lawmakers that has introduced legislation to force the federal government to maintain winter heating aid funding at last year's levels....

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Calls to Boost Northeast HO Reserve

US Energy Secretary Steven Chu is under pressure to increase the Northeast heating oil reserve by one million barrels to counter potential supply disruptions this winter. (image: businessweek.com) The...

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Booming Distillate Demand: EIA

Strong overseas demand for diesel and heating oil has pushed up production of distillates at US refineries to record levels. (image: todayifoundout.com) US refineries are ramping up production of...

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Domestic Crude Oil Production Tipped to Rise

The economic downturn has seen less industry. That means lower oil demand as less trucks are needed to moves goods between states. (image: stltoday.com) US oil production is on the rise and a federal...

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What’s Driving Heating Oil Prices?

Strong overseas demand for US heating oil exports from countries in Europe and South America is supplementing weak US winter demand and pushing residential prices higher. (image:...

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Heating Oil Expenditure to Hit New Record

Mild temperatures have tempered heating oil demand but high prices mean residential fuel oil expenditure is tipped to hit record highs this winter. (image: zimbio.com) Despite much of the country...

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