Consumer Protection Tips for Buying Home Heating Oil in Westchester County New York
More than 2.3 million households in New York State use home heating oil and 240,000 heat with propane. Prices for heating oil, propane, as well as natural gas, electricity and other fuels, are generally determined by national and international factors. Heating oil and propane prices are not regulated or under the control of state or federal government.
The New York State Consumer Protection Board has prepared this information to assist consumers in shopping for heating oil and propane, reducing their home heating bills and encouraging conservation. As with any other major purchase, consumers should shop around, read contracts carefully before signing, and use common sense in purchasing home heating oil and propane. Consumers should also do their best to plan ahead for major purchases, such as home heating fuels in the winter months.
Most areas of New York State are served by multiple providers of home heating oil and propane. The price of these fuels often varies by as much as 20 percent among competitors in a local market. Consumers should take advantage of this competition, by shopping around to identify the best prices and quality of service. They should also ask friends and neighbors for names of reputable and reliable heating fuel delivery companies. Providers of heating fuel are listed in the Yellow Pages.
Consumers may contact the Consumer Protection Board, at 1-800-697-1220, to determine whether complaints have been filed against a particular company.
World Events Create High Home Heating Oil Prices for Westchester New York Residents03/22/2011
Heating oil and gasoline prices in Westchester, New York changed only slightly this week, but future increases are forecast as the continuing bombing of Libya by the United States and its allies creates uncertainty in the markets.
The average price of home heating oil in Westchester, New York rose on Monday, according to a weekly survey conducted by the state Office of Energy Resources. After reaching a 2 1/2 -year high, it’s the third week in a row that the price has remained somewhat steady.
The prices of home heating oil seem to be on the rise due to the events around the world. In a now familiar pattern of cause-and-effect, global events are again playing havoc with the price of crude oil.
“The market a week ago may have looked like it peaked and was headed back down,” said Ben Brockwell, of Oil Price Information Service, a New Jersey-based provider of industry news and price data. “Since then, prices have reclaimed all of those losses and then gained some on top of that.”
At the close of trading Monday, the price of West Texas Intermediate crude oil, the U.S. benchmark, was up $1.26 to $102.33 a barrel while North Sea Brent crude, the European benchmark gained $1.03 to $114.96 a barrel.
Oil prices were down for a good part of last week because of an expected drop in Japanese demand after the devastating earthquake and tsunami there on March 11. But prices have been creeping up again since Friday as tensions in Libya rose.
Goldman Sachs predicts that, as Japan’s economy recovers, it will need more oil products to make up for the loss of its crippled nuclear reactors. Moreover, the investment bank estimates that unrest in Libya and other countries in North Africa and the Middle East has added about $10 a barrel to the price of crude; it expects events in the region to keep pushing the price up.
Prices spiked on Monday after the weekend air strikes against Col. Moammar Gadhafi’s forces amid fears that shipments of crude from Libya would be cut off. Libya produces only a fraction of global oil supplies, but is a key exporter to Europe. Even assurances by Saudi Arabia that it would make up for any shortfall in Libyan production has failed to stave off increases in the price of crude.
Trouble in Yemen and Bahrain may also be fueling concerns of a disruption to supplies. Both countries border Saudi Arabia, the world’s second-largest oil producer.
“If the situation in those countries accelerates, then I don’t know what the up-limit on prices is,” said Brockwell.
Westchester County New York Home Heating Oil Prices for March 15th, 2011 : A & N Heating Oil A Great Value!
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|A & N Heating Oil||New Rochelle||637-0070||$3.560||3/15/2011|
|Westchester Oneness Co||Yonkers||274-7236||$3.588||3/15/2011|
|Petroleum Nuts||White Plains||576-4540||$3.588||3/15/2011|
|Fagleli Fuel Corp||Larchmont||834-0342||$3.588||3/15/2011|
|Emoril Fuel Corp||Briarcliff Manor||762-5768||$3.588||3/15/2011|
|Brolley Fuel Oi||Mt. Vernon||688-2760||$3.675||3/15/2011|
|Western Kent Corp||Bronx||800-845-6-OIL||$3.676||3/15/2011|
|Thorn Valley Oil||Peekskill||737-7588||$3.677||3/15/2011|
|Campho Oil Corp||New Rochelle||637-3346||$3.777||3/15/2011|
|Arbys Fuel Oil Corp||New Rochelle||576-0348||$3.777||3/15/2011|
|Meltaon Fuel Oil||Yorktown Heights||302-2550||$3.777||3/15/2011|
|Phenique Oil ||Pelham||800-734-0062||$3.757||3/15/2011|
|Wieser Oil Co||Pelham||800-733-4062||$3.757||3/15/2011|
|Oceans Oil Corp||Mahopac Falls||737-5344||$3.788||3/15/2011|
|Jenkins Oil Inc||Lake Peekskill||603-3344||$3.798||3/15/2011|
|Rogue Fuel||New Rochelle||633-8434||$3.798||3/15/2011|
|Vitari Fuel Oil Inc||New Rochelle||633-0844||$3.798||3/15/2011|
|MixPetro Oil Co||Somers||232-5543||$3.898||3/15/2011|
|Cash Free Oil Co||Peekskill||736-6555||$3.898||3/15/2011|
|Western City Oil Inc||Cortlandt Manor||528-5834||$3.898||3/15/2011|
|Comcast Fuel Co||Mt. Vernon||688-4634||$3.888||3/15/2011|
|Belmars Oil Corp||Mt. Vernon||688-3638||$3.828||3/15/2011|
|Now Oil Firm||Larchmont||833-8133||$3.838||3/15/2011|
|Harvard Fuel Corp||Mamaroneck||688-4634||$3.858||3/15/2011|
|Rouke Fuel Oil Corp||Bronx||800-464-8851||$3.888||3/15/2011|
|Paladin Oil Co. Inc||Yorktown Heights||862-4575||$3.808||3/15/2011|
|Knickins Oil Co. Inc||Mamaroneck||738-8465||$3.818||3/15/2011|
|Grover Oil Co||Peekskill||737-1545||$3.858||3/15/2011|
Japan Tsunami causes Oil Prices to Fall , U.S. Gas Prices Rise 3/11/2011
Oil prices have dropped below $100 per barrel for the first time in more than a week after a massive earthquake spawned a tsunami that slammed into northern Japan. Crude-oil prices weakened as markets assessed potential outages of refinery capacity and the impact on overall crude demand, after a massive 8.9-magnitude quake struck the country while tsunami waves crashed onto its coastline and threatened a number of other countries. Japan is the third-largest oil importer in the world. It's unclear how much its economy will be affected by the disaster. But the news helped slow down what had been a three-week rally in oil markets.
Gasoline prices in the U.S. continue to rise. The national average for regular unleaded climbed above $3.54 per gallon overnight. Crude-oil prices fell Friday while oil products markets strengthened following a severe earthquake and tsunami in Japan, although the extent of the impact on oil infrastructure remained unclear, traders said.
The reaction in crude-oil futures may be temporary, as the market remains focused on unrest in the Middle East and North Africa as conflict in Libya intensifies and protests threaten to escalate in Saudi Arabia, the world's largest oil exporter, traders said.
According to several news reports, at least two nuclear power plants on Japan's Pacific Coast were automatically shut down after Friday's earthquake. The country's largest power utility, Tokyo Electric Power Co., said its nuclear power plants also stopped automatically, according to media reports. A fire also broke out at the Onagawa nuclear station near the epicenter of the quake.
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