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Keith Reid

Editor’s Note: Word Up

Readers, Martha Leshine wants to hear from you. Especially if you are one of the approximately 1,500 people who attended NEFI Expo, June 14-15 at the DCU Center in Worcester, Mass. The 2017 Expo was the first that Leshine presided over since being named acting president and CEO earlier this year. She noted that exhibiting companies numbered 189 and that ...

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On Federal Tax Credits and a State Energy Plan

First, we take note of late-breaking news: Congress adjourned before the holidays without renewing a number of expiring tax breaks, including a $1 per gallon biodiesel blenders’ tax credit set to expire on Dec. 31. The New England Fuel Institute, noting this development in a “Legislative Update” said it will continue to press for a retroactive extension of the biodiesel ...

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The Biofuels Solution

After the National Oilheat Research Alliance held a Technical Workshop in Newport, R.I., that featured speakers from the U.S. and overseas fuel oil industries, John Huber, NORA’s president, said, “We’re very happy with how it went. People were really enthusiastic, and we had pretty good representation across the spectrum of the industry.” Huber added, “It’s always interesting and entertaining to ...

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An Honor and a Pleasure

It has been a pleasure to be the editor of Fuel Oil News since 2007. It has been an honor to do my small part in maintaining a publication that has been successfully serving the heating oil and, more broadly, the distributed fuel industry since 1935. I say “small part” because the magazine and those that came before me have ...

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Summertime campaign season blues

For those of us living in northern climates it’s hard to believe that the summer fun is already more than half over. But, a short summer and a long winter tends to pay the bills in the heating industry, so there’s not much room to complain. Looking through the energy-related bills being pushed in Washington, it’s also apparent that we ...

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With Friends Like This…

Keith Reid At the bottom of every press release issued by the American Petroleum Institute is the following statement: API is the only national trade association representing all facets of the oil and natural gas industry, which supports 9.8 million U.S. jobs and 8 percent of the U.S. economy. That is technically true. And API has been useful at various ...

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My Kind of Rebate

To say I have a love-hate relationship with rebates would only be halfway truthful. You can drop the love part. My experience with rebates generally involves going to the trouble to fill one out only to never hear from the company again; starting to fill one out but having misplaced or thrown out the box with its barcode, or the ...

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Let the Shows Begin

Spring is almost here, but for heating oil dealers the last five months or so have been too much like spring and not enough like winter. Fortunately, oil prices have been very low, generating at least a little bit of margin opportunity as well as greater satisfaction with our core fuel among customers. On the plus side, oil prices are ...

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Let Veterans Serve You Again

In the Business News section there’s an item on an API program, “Veterans Energy Pipeline,” which is designed to link up veterans with job opportunities in the oil and gas industry. As that stands now, the API focus appears to stop at the refinery where downstream is concerned. I plan on talking to API a bit and with some other ...

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The Oil Glut Continues

It is time once again for our midseason fuel pricing report. We do two price reports each year, one right before heating season and one around this time when a number of hedging decisions are being made. I’ll reiterate the disclaimer that these pricing reports are simply for educational purposes and the fundamentals discussed can change radically between the time ...

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