Looking At Fuel Prices

Q: Is heating oil a good value?

A: Yes, heating oil is a commodity traded on the open market, so you can expect occasional blips — both up and down — in the price. Heating power is typically measured in British thermal units or BTUs, and for every gallon of oil burned, 120,000–140,000 BTUs are generated. That’s more than enough to keep you comfortable through the coldest winters. Competition among local Oilheat companies plays a big role in giving homeowners more choices and better value. Also, the United States continues to produce more and more crude oil while cutting imports. In addition, biodiesel production continues to grow, creating even more supply for homeowners. Furthermore, as Oilheat system technology continues to improve, less and less fuel is required to provide more and more heat. Search for: