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Bi Lo Fuel Heating oil provider in Brooklyn NY
   335 Moffat St., Brooklyn...................................................................................... Tel: 718-366-5050
   Tel: ......................................................................................................................1-800-449-3835
      
Cam Fuel  
Full-service company providing fuel oil delivery, boiler installations, offers an automatic delivery program, and service twenty-four hours a day, seven days a week
   88 Seventh Ave. So........................................................................................Tel: 212-924-4306
   Fax:.......................................... 212-924-4551;    E-mail:.................................. info@camfuel.com
   Internet:........................................................................................................... www.camfuel.com
      
Consumers Energy Group, Inc.  
Providing fuel oil & home heating services in Metro NY for members.
   222 Varcik Ave., Brooklyn NY 11237.................................................................... Tel: 516-616-0327
   Tel: .......................................... 718-645-4328;    E-mail:................. info@consumers-energy.com
   Internet:.......................................................................................... www.consumers-energy.com
      
Empire State Fuel  
Provide heating oil, diesel fuel, and kerosene and deliver throughout the Tri-State area.
   1640 McDonald Ave., Brooklyn......................................................................Tel: 718-627-5100
   Tel: ....................................... 1-800-247-5231;    Fax:............................................718-627-5166
   Internet:....................................................................................................... www.empirefuel.com
      
Hunts Poin Fuel  
Oilheat products, services and heating oil delivery company located in Bronx, NY
   1281 Viele Ave., Bronx...................................................................................Tel: 718-893-3100
   Internet:.................................................................................................www.huntspointfuel.com
Jag Home Heating Oil Heating fuel delivery, furnace cleaning and burner repair
   457 Baltic St., Brooklyn........................................................................................Tel: 718-858-7622
      
Pilgrim Fuel Oil Heating Oil, low prices. Save average of $.25 to $.35 a gallon.
   817 East 140th Street, Bronx................................................................................Tel: 718-652-4552
   Tel: ....................................... 1-800-774-0062;    Fax:............................................718-652-4552
   E-mail:............................... info@oilforless.com;    Internet:............................ www.oilforless.com
24 Hours/7 Days; v, mc, ax, dis
      
While homeowners can’t lower the price of heating fuel, now is a great time to practice energy conservation. Everyone can do something to avoid wasting fuel and help lower their energy costs.
   

New York Public Interest Research Group  
Leader in the fight for energy conservation measures and consumer protection legislation
   9 Murray St.....................................................................................................Tel: 212-349-6461
   Tel: ....................................... 1-877-677-6800;    Internet:........................... www.nypirg.org/fbg
      
Money Saving Energy Tips With home heating bills expected to surge an average of 30% this year conserving energy every day is still the smartest way to manage energy use and costs. Help lower energy costs by following some of the simple conservation advice outlined above. In addition, consumers can also visit the following websites for more information and tips on saving energy and controlling costs this winter:
  • With ENERGYguide, consumers can learn how to lower their energy bills by replacing equipment in their homes or businesses, changing energy use, or selecting a different electric or gas supplier. Consumers will also learn how their choices impact the environment.
  • The U.S. Department of Energy Web site provides a wide range of energy efficiency and conservation tips for homeowners.
  • The New York Public Service Commission Website offers consumers a number of ways to help control winter energy costs.
  • The Alliance to Save Energy, offers consumers information to help save money and increase comfort through energy efficiency.
  • The American Gas Association (AGA) provides consumers with resources to help them lower their monthly heating bills.

Home Heating Advice: As an energy economist many people ask me if they should switch to natural gas now to save money. The answer is an emphatic "NO", because natural gas prices are rising higher and faster than fuel oil prices for comparable BTU’s for heat and hot water. Natural gas supplies are short because the electric power plants now burn natural gas as well as fuel oil to meet the clear air regulations and environmental regulations have prevented the building the required off-loading need for natural gas that could easily be shipped from the Middle East and elsewhere.

I am often asked which direction oil and gasoline prices will go. My general response is that they will probably edge downward on the next two months depending on how cold the winter is. The reason is that people are driving less and the refineries are coming back online, airlines are cutting back on flights and the pipelines from offshore wells are gradually being repaired and are beginning to deliver crude oil to the refineries. We will also see increased shipments of gasoline and refined oil products from some of the Middle Eastern countries and of course as homeowners we are making efforts to reduce demand and as demand goes down, the price goes down.

Buy home heating oil from companies that specialize in buying on the "spot market" or perhaps try to find cheap oil purchased on the futures market many months ago. However, be aware that low-priced oil companies often do not provide service as the major companies do. For peace of mind, it is best to stick with the major heating oil companies that are listed below.
The major heating oil companies in New York City provide not heating oil but also service for oil burners, which is essential for keeping oil burners working at top efficiency. Homeowners often opt for with long term heating oil contract at a fixed price with a supplier. The cost of heating oil in these contracts is probably leverage or "hedged" with heating oil purchased on the futures market. The current price per barrel and the futures price per barrel can be found in the Wall Street Journal or online, look for "fuel oil no. 2". The current rise in heating oil prices has more to do with the lack of refinery capacity especially after Katrina. Heating oil is also used as diesel oil and is a major component of jet fuel.

Michael R. Dohan, PhD.

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