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This winter's high prices and difficult economic conditions have placed tremendous strains on Oilheat customers and marketers alike. Heating oil prices hit record highs early in the season and then continued to climb, while the U. S. economy was teetering on the verge of recession.
At the same time, credit has become harder to obtain in light of the subprime mortgage crisis.
Read More...
Our annual profile of noteworthy service managers and their accomplishments is back! We also highlight tools and techniques for troubleshooting and servicing heating systems.
Trade associations, manufacturers and supply houses are offering more training activities in 2008 as marketers try to stay current with new technologies and products.
NEFI Eyes Training With Customers, Members in Mind
Faced with a changing business and economic landscape, members are pushing NEFI to expand their course offerings to meet the demands of the market and consumers.
Dialysis For Fuel Tanks: Diesel and HO Cleansing
Mass. firm has ways to "polish" the fuel in the storage tank.
Slow Receivables Put Pressure on Dealers
Just as skyrocketing prices and a looming recession have hurt dealers and consumers, credit has become extremely difficult to obtain. Oil & Energy asked dealers, marketers and bankers how best to cope in these financially difficult times.
At Lamprey Brothers, Less Is More
The New Hampshire-based fuel marketer is enjoying great success by helping its customers learn how to burn less fuel.
Viessmann Extends Product Line, Embraces Renewables
Viessmann Manufacturing Co. is looking to grow in the United States by selling more affordable equipment and educating technicians on working with renewable energy.
Q&A: Despite Growing Strains, Bankers Seek Marketers' Business
As heating oil prices skyrocket, Smith Barney's Bill Overbay says maintaining a healthy cash flow has become critical for fuel dealers who are seeking credit.
Seattle Marketer Calls for Rapid Adoption of Bioheat
Tom Marier, co-owner of Laurelhurst Oil of Seattle, says the Oilheat industry needs to move more rapidly to embrace and integrate biofuels into the product mix.
Economic Stimulus Act Provides Major Incentives for Business
Susan Day of Gray, Gray & Gray says there is plenty for business to cheer about in the Economic Stimulus Act, including a doubling of the small business expense deduction. Day can be reached at 617-407-0330.
Weather Trends: Slowly Fading La Nina May Lead to Warmer Summer
Meteorologist John Bagioni says that after the winter rollercoaster ride, he can take his first look ahead toward what the summer might hold. Bagioni can be reached at johnbag@comcast.com
Oil Market Stance: Nothing to Fear But Fear Itself
Lora Claus presents tips to bring some confidence to a dealer’s hedging strategy. Claus, a risk manager for Hedge Solutions in Manchester, NH, can be reached at 800-709-2949 or lora@hedgesolutions.comm.
See these topics and more in this month's edition of Oil & Energy Magazine!
Until Next Month,
Franklin B. Tucker,
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
Oil & Energy Magazine
67 Foster Street, Rear Floor 2
Peabody, MA 01960
Phone: 978-535-7606
Fax: 978-535-7826
oil.energy@gstone.biz
