Tag Archives: Editorials

Crude prices get ruder

I recently spent several days at the Society of Independent Gasoline Marketers of America Spring Convention held in Hilton Head, S.C. The group is made up of some of the larger petroleum marketers in America, and the topic of several educational sessions was the reason for current crude prices and the outlook for the future. Here, in a nutshell, was ...

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Spring time, finally

As the heating season winds down, we find oil topping $115 per barrel. The impact on the price of refined product is obvious, and filling a customer’s tank can be a shocking experience. You can argue the higher costs for energy from other fuels, but the sticker shock from these prices really get the customer’s attention as opposed to the ...

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The price of oil

The price of crude has breached $100 per bbl, with some change to spare ‘ about $10 worth of change, so far. Much of the buzz with this development is on the potential of $4 per gallon gasoline, but attention is being paid to the impact on home heating with the average gallon of fuel topping an astronomical $3.68. As ...

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Economics, loopholes, opportunities and uncertainty

Fuel Oil News has provided a lot of coverage on the Enron loophole over at least the past year. When you look at the price of crude and refined product and follow some general parameters for what supply and demand should generate it becomes obvious that something is artificially adding to that price. The primary culprit being singled out today ...

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A little bit of hot water

My earliest memory of hydronic radiant heating systems dates back to when I was a young child visiting my grandparents’ apartments in Chicago during the late 1960s and early 1970s. My maternal grandparents lived on the second floor of what could perhaps be best described as a duplex. Its age is unknown to me, but it certainly dated back to ...

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A whole lot goin’ on

So, 2008 has arrived and the industry is gearing up for the seasonal rush with hopefully a bit more cold weather than what some forecasters have predicted. On a low note, oil prices have reached sticker shock proportions that will impact inventory costs and the patience of their customers. Both of our regular columnists, John Griffin and Charles Bursey, cover ...

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