Fuel Oil News articles from September 2000

Fuel Oil News archives from September 2000

Energy secretary tells NEFI inventory levels too low.
September 1, 2000... Distillate inventory levels in the United States are currently 19 percent below the five-year average and 45 percent below last year. So said Energy Secretary William Richardson, who spoke at a July 31st New England Fuel Institute-sponsored...

ESPA officials meet with Richardson and governors.
September 1, 2000... Empire State Petroleum Assn. executive Michael Trunzo attended meetings with Energy Secretary Richardson this summer, as well as meetings with energy officials representing the governors from the Northeast. The meetings covered the outlook for...

Clinton authorizes Northeast reserve.
September 1, 2000... In mid-July, President Clinton ordered the DOE to establish a temporary two-million barrel home heating oil reserve for the Northeast by October. Congress, however, will have to appropriate funding to maintain the reserve and also design a...

Natural gas prices could double this winter.
September 1, 2000... Low inventory levels, skyrocketing product costs and high demand have natural gas utilities worried about the upcoming heating season, according to USA Today, which reported recently that homeowners heating with natural gas could end up paying...

CFN standardizes winter diesel with BetzDearborn.
September 1, 2000... Last September, the Commercial Fueling Network adopted a full winter plan developed by BetzDearborn to reduce the Street price of the network's winter diesel. The rationale, according to Bonnie Addario, president of CFN, was to secure more...

SCASCO makes three acquisitions.
September 1, 2000... SCASCO, Inc., once an independent oil marketer and now a wholly owned and non-regulated subsidiary of Central Hudson Gas and Electric, recently purchased Lindstedt Energy of New Milford, Conn., Capitol Fuel of Bloomfield, Conn. and ARC...

Brookhaven converts to gas heat.
September 1, 2000... Brookhaven National Laboratory in Upton, N.Y., site of the principal oil heat research center, has converted to gas heat, but has retained its ability to heat with oil. BNL has agreed to purchase natural gas over a period of about three years...

OPEC members admit to cheating.
September 1, 2000... Venezuela's oil minister recently said in a newspaper interview that OPEC members produced 700,000 barrels a day more than their agreed-to amount in July. This revelation sent prices down by three percent on the New York Mercantile Exchange...

There is no alliance.
September 1, 2000... The contestants on TV's "Survivor" say there's no alliance. The majors say there's no conscious effort to run up prices; it's just an unfortunate series of events beyond their control that caused this situation. Sure. All their...

Oil is still Britain's most economical fuel.
September 1, 2000... Heating oil prices have gone up in Europe as well as in the United States, but it is still cheaper than other fuels in Great Britain, according to the British publication Fuel Oil News (which is not affiliated with this magazine). The magazine...

Atlanta welcomes 2001 AHR Exp.
September 1, 2000... In keeping with the long-standing tradition of moving the AHR Exp. to different geographical areas around the country every year, the International Exposition Co. announced that the 2001 Exposition will be held at the Georgia World Congress...

Trans-Tech celebrates anniversary at new HQ.
September 1, 2000... Trans-Tech Industries, manufacturer of quality aluminum truck tanks, is celebrating its first anniversary at its new state-of-the-art building in Brewer, Maine. Trans-Tech was formerly located in Southwest Harbor, Maine. The year since the move...

Blackmer purchases Chesterton System One Pumps.
September 1, 2000... Blackmer, a Dover Resources Co., has acquired the Chesterton System One Pump Division, which manufactures a high-end robust centrifugal pump line. According to company officials, the acquisition is significant to long-term growth in continuing...

International backs proposal to reduce sulfur in diesel.
September 1, 2000... International Truck and Engine Corp. recently reaffirmed its endorsement of the Environmental Protection Agency's proposal to reduce the sulfur content of diesel fuel. Patrick Charbonneau, vice president of engine engineering for International,...

NJPGA goes live with Web site.
September 1, 2000... The Web site for the New Jersey Propane Gas Assn. and New Jersey Propane Education & Research Foundation went "live" at the association's annual state meeting in Atlantic City, N.J., at the end of June. The web site, www.njpga.org, can also be...

Lochinvar breaks ground for new headquarters.
September 1, 2000... Lochinvar Corp., a Nashville, Tenn.-headquartered manufacturer of water heaters, boilers, swimming-pool heaters and hot-water storage tanks, announced the groundbreaking of its new world headquarters that will be located at Lochinvar's 75-acre...

Weil-McLain honors employees' safety record.
September 1, 2000... "Safety records are not something that just happen; safety records are something that employees make happen." Those were the words chosen by Weil-McLain President Tom May in addressing the media during the Weil-McLain Employee Appreciation...

The Macl RD694P.
September 1, 2000... This refuse-designed chassis works well for oil deliveries in Upstate New York The west slope of Rensselaer County in Upstate New York climbs up and away from the Hudson River Plain to a mean altitude of some 2,600 feet. This west-facing...

Sterling offers new trucks.
September 1, 2000... Three series of rigs added to oil-distribution product line Three major new products were added in 2000 to Sterling Truck Corporation's product lineup for the oil-distribution industry. The all-new Sterling Acterra family of medium-duty...

Neptune meters compatible with third-party registers.
September 1, 2000... The Schlumberger Neptune Type 4 fuel oil flowmeters are now compatible with a wide variety of mechanical and electronic registration options. These options are in addition to the Neptune 800 Series mechanical register and the Bestrac Electronic...

Extra-low-profile air-operated emergency valve.
September 1, 2000... Nordic Systems has introduced a new three-inch extra-low-profile emergency valve for petroleum tank trucks. The valve design maintains all the features of the current low-profile air valve but will reduce the unit's height further. The overall...

Weil-McLain has new line of zone controllers.
September 1, 2000... Weil-McLain has introduced a new line of zone control panels for use with Weil-McLain boilers, baseboard, indirect-fired water heaters, pool heaters, brazed-plate heat exchangers and radiant tubing. Standard features include LED lights for easy...

Check processing for dealers offered.
September 1, 2000... LML Payment Systems is a financial payment processor specializing in providing end-to-end check processing for retail merchants. Its processing services include traditional check verification and collection, along with electronic processing...

New Grundfos low-voltage pump control.
September 1, 2000... Grundfos has a new solid-state, low-voltage pump control for use with its UP Wet-Rotor circulators. The new integral pump control has been designed to switch off and on the UP wet-rotor circulators with a low-voltage, external signal. The...

Wright Tool introduces redesigned bits and sockets.
September 1, 2000... Wright Tool Company has introduced a line of newly designed hex drive sockets and bits. The new bits feature higher strength for longer performance. The sockets feature a hex opening with a new "press fit" design that provides a tighter, more...

Slant/Fin boilers offer new service benefits.
September 1, 2000... Slant/Fin's Liberty series cast-iron oil boiler has been updated with new vice. The door also lifts off to make it easier to move the boiler to its set-up location. As an added safety feature, the electrical wire to the burner has a disconnect...

New Tjernlund draft control.
September 1, 2000... Tjernlund has a new line of premium single-acting barometric draft controls. They feature stainless-steel construction and an integral blade pivot for reliable operation. The damper safety tab has a cushioned cover to eliminate rattle and...

Air compressors in many sizes.
September 1, 2000... Saylor-Beall industrial quality air compressors are available in sizes ranging from .5 to 30 horsepower reciprocating, and 5 to 50 horsepower rotary screw. They feature castiron pumps, disk valves and Timken tapered roller bearings. Most models...

Deighan Hose Reels have two bearings.
September 1, 2000... Deighan Hose Reels are said to be the only reels made with two bearings. The bearings are sealed so lubrication is never required. Viton seals are standard on all side box, bucket box and inverted reels.

Help is on the way!
September 1, 2000... A few months ago I wrote that the need for quality help is what we seem to hear as much about as we hear about the need for cleaner, quieter and more efficient systems. By the way, let's not forget about the need for more stable fuel, also....

You can mix pleasure with a convention.
September 1, 2000... Do you believe those make-it-tax-deductible ads describing a business convention in Hawaii and boasting about mixing business with pleasure? Will the IRS stand still for such a tax giveaway? Yes! But first, a warning: Many of those ads are tax...

How big is your universe?
September 1, 2000... Just the other day I was having a conversation with a few technicians from an alarm company and we got to discuss the differences or similarities in our chosen fields. I told them they were lucky because, other than having to work in attics...

Fuel Price Index 09/00.
September 1, 2000... [TABLE HAS BEEN CLIPPED]