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SBA Offers Loan Guarantees and Advice to Borrowers
Though Congress failed to pass any meaningful energy legislation before its August recess to tackle excessive speculation or increase Low Income Home Energy Assistance Program (LIHEAP) funding, a new government rule could still offer financial aid to heating oil and propane dealers as the winter heating season approaches.
The U.S. Small Business Administration (SBA) has changed its definition of a small business for retailers from one based on annual receipts to the number of employees. Instead of receipts of $11.5 million for heating oil dealers and $6.5 million for propane dealers, the classification is given to those with 50 or fewer employees.
Read More...
Tools and controls for measuring the efficiency of burners and distribution systems. Review of essential conservation controls.
With unprecedented volatility, home heating oil dealers across the Northeast have decided on a variety of price plans for the upcoming heating season.
Controlling Delivery by Going Wireless
VisiTank and Automated Wireless Environments offer new ways for dealers to make delivery and fleet management more efficient than ever.
Biz Tip: Keep Your Hands Out of the Cookie Jar
Michael Cecere of Gray, Gray & Gray warns against businesses raiding their 401(k) plans in these difficult economic times.
New Options Could Aid in Credit Crunch
A new government rule on small business classification has opened a variety of ways for dealers to receive loan guarantees and advice.
The House as an Energy System
The National Oilheat Research Alliance (NORA) looks at whole-house energy evaluations as a new way for businesses to help customers conserve fuel and save money.
Tech Talk: Benefits of Outdoor Reset
Bruce Marshall of Emerson-Swan details the latest in outdoor reset technology, which could bring big savings to customers.
Q&A: Stephen Connors
Stephen Connors from the Massachusetts Institute of Technology (MIT) answers questions about the latest work being done at the school’s Laboratory for Energy and the Environment.
NAOHSM and School Prove ‘Oil Heat Cares’
The National Association of Oil Heating Service Managers (NAOHSM) recently joined with a technical school to install a new boiler as part of the “Oil Heat Cares” program.
Biz Tip: The Value Proposition of Being in an Insurance Captive
Kevin Seth of Energi Holdings outlines the benefits of participating in an insurance captive, which can be used to reduce costs by stabilizing expected prices. Seth can be reached at (888)- ENERGI-1.
Bioheat®: Life Goes On, Massachusetts Mandates Bioheat
Bill Riordan of Advanced Fuel Solutions says that even though the Massachusetts Bioheat mandate doesn’t go into effect yet, dealers should not wait to act.
Oil Market Stance: Volatility Spawns Innovation
Taylor Hudson of Hedge Solutions says that even though dealers are facing many unknowns in the market, there are innovative solutions that may help. Hudson can be reached at taylor@hedgesolutions.com.
Weather Trends: A Mild Fall Turns Into a Cold December
John Bagioni of Fax-Alert Weather Service says that despite the summer heat, signs of a cold winter are already forming. Bagioni can be reached at johnbag@comcast.net.
See these topics and more in this month's edition of Oil & Energy Magazine!
Until Next Month,
Steven Andrews,
Managing Editor
• ONLINE EXTRA:
Extended Q&A with NORA Chairman Bob Boltz.
Click Here
• ONLINE EXTRA:
Extended Q&A with Energy Policy Research Foundation, Inc.'s Lucian Pugliaresi.
Click Here
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