Not Logged In Log In   Sign Up   Points Leaders
Follow Us    7:01 PM

GasBuddy News Article

51
votes
Fuel oil industry feeling the heat

The Boston Globe -- After 64 years in the heating oil business, Brown’s Oil and Air Conditioning of Needham faced a choice as it lost customers to cheaper natural gas: close or sell. Vin Brown, the second-generation owner, chose to sell, merging his company with the larger MacFarlane Energy in Dedham.

“Financially, it just became a necessity, ” Brown said. “Right now natural gas is really doing a number on the oil business.”

Brown’s story is the story of the Massachusetts heating oil industry, which has been shrinking in recent years as fuel prices jumped and natural gas prices plunged. Today, less than one-third of Massachusetts homes — 31.8 percent — heat with fuel oil, down from about 40 percent a decade ago, according to the census.

Natural gas heats more than half the state’s homes, up from about


Read the Full Article

Submitted Jan 02, 2013 By: angel4me
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Fuel oil industry feeling the heat Back to Topics
REPLIES (newest first) Post a Reply
honda0105
Champion Author Tallahassee

Posts:24,080
Points:2,392,115
Joined:Nov 2008
Message Posted: Jan 5, 2013 4:40:14 AM

tomok: gotta ask.. are you part parrot?
tomok
Champion Author Portland

Posts:46,312
Points:3,127,760
Joined:Aug 2006
Message Posted: Jan 4, 2013 11:41:10 AM

Fuel oil industry feeling the heat? If house heating or hot water costs go up, people will find a way to reduce those costs. If fuel oil for heating costs more then other sources then people can change to electrcity, natural gas or whatever is available. Fuel oil may Not be a good choice for most heating.
Businesses selling fuel oil may have to change in some way to stay in business. If selling or merging is the answer - then so be it.
Whatever the size or shape of the vehicle, vehicle manufactures Produce and the population ‘Drives’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
XII/XXII/MMXII! - The Day After......
vcsuksu21
Champion Author Virginia

Posts:2,543
Points:1,030,085
Joined:Dec 2010
Message Posted: Jan 3, 2013 9:33:50 PM

Need heat
rabbit_tdi
Sophomore Author North Carolina

Posts:142
Points:564,710
Joined:Sep 2005
Message Posted: Jan 3, 2013 8:38:48 AM

Sure, heating by natural gas may now be cheaper than by fuel oil, but who wants to bet this will always be the case?

Might be a good idea to keep the old fuel oil furnace in place and ready to use, and install the new gas furnace in conjunction. This way one is able to burn whichever fuel is currently the cheapest. Furthermore, the fuel supplier is more likely to be attentive, since one is not a locked-in customer...
12mpgnavigator
Champion Author Seattle

Posts:2,844
Points:674,835
Joined:Jun 2009
Message Posted: Jan 3, 2013 6:42:36 AM

Happy New Year everyone!
remay
Champion Author Houston

Posts:10,006
Points:2,888,365
Joined:May 2006
Message Posted: Jan 3, 2013 6:19:31 AM

Sign of the times...
rahcat
Champion Author Grand Rapids

Posts:5,975
Points:1,445,200
Joined:Jan 2010
Message Posted: Jan 3, 2013 12:15:44 AM

Glad we have nauural gas.
pa79th
Champion Author Pennsylvania

Posts:5,033
Points:1,976,200
Joined:Jun 2007
Message Posted: Jan 3, 2013 12:09:42 AM

You'd think that would increase the supply of gasoline...and it does,...but that's just another blatantly greedy excuse to jack the prices up.
jkpsr
Champion Author New Jersey

Posts:5,974
Points:1,628,915
Joined:Jun 2005
Message Posted: Jan 3, 2013 12:09:33 AM

This is a win for the environment.
naspa
Champion Author Cleveland

Posts:4,665
Points:1,135,075
Joined:Jan 2012
Message Posted: Jan 3, 2013 12:08:25 AM

They are all suffering, poor gas industry CEOs
diesel8888
Champion Author Salt Lake City

Posts:3,998
Points:1,103,745
Joined:Nov 2011
Message Posted: Jan 3, 2013 12:08:18 AM

I hope to see this happening on cars as well.
FortVancouver01
Champion Author Washington

Posts:1,990
Points:936,130
Joined:Jul 2012
Message Posted: Jan 3, 2013 12:07:22 AM

We switched over three years ago and have cut our heating bill in half. We will have the new system paid for in less than two more years.
jdevlin
All-Star Author Ontario

Posts:912
Points:2,093,155
Joined:Sep 2008
Message Posted: Jan 3, 2013 12:07:20 AM

NG is cheaper if yo can get it.
Darwin00
Champion Author Mississippi

Posts:2,008
Points:947,740
Joined:Dec 2010
Message Posted: Jan 3, 2013 12:05:49 AM

Go natural gas!
cheaper0ON
Champion Author Ontario

Posts:4,200
Points:1,178,905
Joined:Jan 2012
Message Posted: Jan 3, 2013 12:01:23 AM

Good.
gasmack
Champion Author Ventura

Posts:4,051
Points:1,384,055
Joined:Feb 2011
Message Posted: Jan 2, 2013 11:57:00 PM

Good luck to those staying with the heating oil business.
WanderDan
All-Star Author Dayton

Posts:670
Points:446,635
Joined:Nov 2012
Message Posted: Jan 2, 2013 11:55:40 PM

need more renewables,,,
AKmailman
Champion Author Alaska

Posts:8,914
Points:2,334,545
Joined:Jul 2004
Message Posted: Jan 2, 2013 11:51:56 PM

it nice when you HAVE a choice
Dodge_Me
Champion Author Atlanta

Posts:2,222
Points:1,156,040
Joined:Mar 2006
Message Posted: Jan 2, 2013 11:47:46 PM

Hmm
beachmanglen
Champion Author Tampa

Posts:1,872
Points:1,074,575
Joined:Aug 2011
Message Posted: Jan 2, 2013 11:44:42 PM

Boone Pickens is right. Natural gas is the answer.
BanTheEPA
Veteran Author Dayton

Posts:310
Points:93,575
Joined:Jun 2008
Message Posted: Jan 2, 2013 11:39:55 PM

Now your talking DEG!!
Gas4Gore
Champion Author Detroit

Posts:3,370
Points:600,885
Joined:Jan 2010
Message Posted: Jan 2, 2013 11:36:40 PM

Oh my.
CharlieC08
Champion Author Colorado

Posts:8,106
Points:1,493,805
Joined:Oct 2008
Message Posted: Jan 2, 2013 11:35:22 PM

Things do change.
defiancegasman
Champion Author Ohio

Posts:7,198
Points:1,358,130
Joined:May 2006
Message Posted: Jan 2, 2013 11:34:19 PM

They could of went into the NAT GAS HEATING BUSINESS, nothing beats it!
pgerassi
Champion Author Milwaukee

Posts:14,166
Points:2,910,540
Joined:Apr 2007
Message Posted: Jan 2, 2013 11:32:44 PM

I wish NG to take more of that business away.
DEG
Champion Author Las Vegas

Posts:20,756
Points:4,247,380
Joined:Jul 2003
Message Posted: Jan 2, 2013 11:31:19 PM

End all subsidies for all forms of energy (gas, natural gas, wind, solar, etc.) and let the market sort it out (with the caveat that the refined products stay in North America or are charge a large excise tax).
BanTheEPA
Veteran Author Dayton

Posts:310
Points:93,575
Joined:Jun 2008
Message Posted: Jan 2, 2013 11:25:34 PM

This wouldn't be an issue if our government were willing to reign in out of control prices, especially for a product produced and consumed domestically. It does not matter how much oil India or China are using. They are not camped out in our backyards using our oil. Any excess we have, then we can sell to them or whomever at jacked up rates, but our government needs to adopt an a America First philosophy and base domestic product on reasonable prices. It is sad that people who have to use heating oil can spend a few thousand dollars to switch to a natural gas furnace and be able to recoup that cost in one or two years max.
Marson
Champion Author Scranton

Posts:12,099
Points:2,842,185
Joined:Oct 2006
Message Posted: Jan 2, 2013 11:24:38 PM

Not a surprise.
mstearno
Champion Author Dayton

Posts:9,689
Points:2,359,560
Joined:Jan 2008
Message Posted: Jan 2, 2013 11:24:14 PM

basic economics of competition
who uses heating oil anyways?
69Bonne
Champion Author Gary

Posts:3,498
Points:1,069,590
Joined:Sep 2005
Message Posted: Jan 2, 2013 11:24:06 PM

A small business trying to find a new way to survive. Good for him. If that was a big company, they would have shut it down and laid off more people. Small business is the core of this country.
sydb7
Champion Author Atlanta

Posts:5,943
Points:2,604,560
Joined:Mar 2003
Message Posted: Jan 2, 2013 11:21:19 PM

Interesting!
KhelbenArunson
Champion Author Michigan

Posts:7,514
Points:1,474,310
Joined:Apr 2008
Message Posted: Jan 2, 2013 11:19:26 PM

Good.
Buddy2264
Champion Author Tampa

Posts:14,991
Points:3,144,220
Joined:Oct 2005
Message Posted: Jan 2, 2013 11:07:22 PM

I would guess that is the way to go, natural gas, as fuel oil now in new furnaces is converted to a gas when burned. I would go with the cheaper fuel. Sorry for the business loss, but would think they could convert to working on natural gas equipment.
mrbee
Champion Author Little Rock

Posts:7,020
Points:3,246,425
Joined:Oct 2005
Message Posted: Jan 2, 2013 11:02:54 PM

Go natural gas.
serrog
Champion Author Nova Scotia

Posts:8,817
Points:2,290,690
Joined:Oct 2008
Message Posted: Jan 2, 2013 11:02:47 PM

greed rules here too
sickhp
Champion Author San Antonio

Posts:3,548
Points:1,243,785
Joined:Sep 2011
Message Posted: Jan 2, 2013 11:01:35 PM

I enjoy using Natural Gas.
wayoung56
Champion Author Alabama

Posts:5,921
Points:1,581,435
Joined:Oct 2006
Message Posted: Jan 2, 2013 10:58:16 PM

Hmmm...
abcdMA
Champion Author Worcester

Posts:11,132
Points:2,343,440
Joined:Nov 2008
Message Posted: Jan 2, 2013 10:56:01 PM

Less demand on oil is good
rjoeh
Champion Author Michigan

Posts:10,314
Points:3,249,330
Joined:Jun 2004
Message Posted: Jan 2, 2013 10:48:46 PM

Oil is still good... but has failed to remain competitive as new supplies of natural gas come on line. Its a matter of adapt or sink.
30mpg80
Champion Author Lexington

Posts:15,215
Points:2,269,920
Joined:Nov 2008
Message Posted: Jan 2, 2013 10:47:42 PM

Natural gas will go back up, but still may stay cheaper than fuel oil.
lowspeed
Champion Author Akron

Posts:3,926
Points:969,580
Joined:Aug 2008
Message Posted: Jan 2, 2013 10:44:46 PM

there are better ways to heat
medic319
All-Star Author Akron

Posts:756
Points:669,300
Joined:Mar 2012
Message Posted: Jan 2, 2013 10:44:28 PM

My dad does everything he can to keep from burning fuel oil. He built several "heat grabbers" from Mother Earth News plans.
sarasotasingle
Champion Author Sarasota

Posts:4,096
Points:1,008,030
Joined:Jun 2012
Message Posted: Jan 2, 2013 10:44:22 PM

GREED !!!!!!!!!!!
seahawks
Champion Author Washington

Posts:5,663
Points:2,588,180
Joined:Sep 2005
Message Posted: Jan 2, 2013 10:40:33 PM

just pure greed!!!
toadNY
Champion Author Albany

Posts:10,355
Points:2,295,550
Joined:Apr 2008
Message Posted: Jan 2, 2013 10:35:52 PM

Gas prices have not jumped like oil!
spunky4443
Champion Author Washington

Posts:5,699
Points:1,458,110
Joined:May 2005
Message Posted: Jan 2, 2013 10:34:10 PM

Always said that the Oil Companies were screwing themselves with high price of fuel.
bhb2009
Veteran Author Flint

Posts:294
Points:1,387,380
Joined:Jul 2009
Message Posted: Jan 2, 2013 10:33:51 PM

supply and demand
yyc2yow
Champion Author Ottawa

Posts:1,043
Points:690,575
Joined:Dec 2009
Message Posted: Jan 2, 2013 10:33:30 PM

good for them
snerd
All-Star Author Pennsylvania

Posts:935
Points:666,700
Joined:May 2005
Message Posted: Jan 2, 2013 10:32:09 PM

Roll with the changes or get out of the way.
jb107
Champion Author New Jersey

Posts:12,780
Points:3,399,400
Joined:Sep 2005
Message Posted: Jan 2, 2013 10:20:04 PM

Natural gas is best if you can hook up to it.
gasser001
Rookie Author Ottawa

Posts:2
Points:1,615
Joined:Dec 2012
Message Posted: Jan 2, 2013 10:18:58 PM

I am a poor little NG customer, looking at one of my summer bills it was $2.44 for gas used in the summer months (pilot light?) but the customer $70 and other charges quickly added it up to $100/month.
Some consumers are getting by now, but just watch as NG prices go up they will put everyone in the poorhouse.
Post a reply Back to Topics