Research and Evaluation: Fuel Oil Prices

Millions of consumers rely on fuel oil for heating their households. This is primarily in the Northern and Midwest States of America. This is due to the lack of available natural gas production and storage capabilities in those regions. Making it much easier and less expensive for companies to provide this distilled product of crude oil, rather than build and maintain transmission pipelines for natural gas. Additionally, fuel oil is a by-product of refining other …

…reliable sources of energy, both renewable and conventional" (para 9) in order to supply consumers with reliable supplies of fuel in years to come. References: FYI on Heating Oil,(2004, October15), API, Retrieved on October 22, 2004 from the World WideWeb: http://api-ec.api.org/filelibrary/04_10_15heatFYI.pdf Department of Energy's online Heating Oil and Propane Update Winter Fuels Outlook 2004-2005. Retrieved on October 22, 2004 from the World Wide Web: http://www.eia.doe.gov/emeu/steo/pub/contents.html