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Heating Oil

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NEWS
December 28, 1989 | By Dan Stets, Inquirer Staff Writer The Associated Press contributed to this article
Prices of residential heating oil soared to record levels throughout the Northeast yesterday, prompting some elected officials to wonder whether manipulation of price and supply was behind the increase. In Pennsylvania and New Jersey, prices rose to an average of about $1.30 a gallon yesterday as winter maintained its icy grip on the area. In some parts of New England, prices were at their highest levels ever - as much as $1.62 gallon in some places, and government officials voiced suspicion that the cold snap was not the only reason for the increases.
BUSINESS
September 3, 2009 | By Andrew Maykuth INQUIRER STAFF WRITER
Sunoco Home Comfort Services pitches itself as the only refiner in America that delivers home-heating oil direct to its customers. Not anymore. Sunoco Inc. announced yesterday that it had sold its heating-oil and propane-distribution business to Superior Plus Corp. of Calgary, Alberta, for $82.5 million, giving the Canadian company nearly 100,000 retail customers in Pennsylvania and New York state, including 20,000 in the Philadelphia area. The Philadelphia oil refiner said it was getting out of the retail heating-oil business to focus on refining and marketing motor fuel.
BUSINESS
October 20, 1991 | By Julia C. Martinez, Inquirer Staff Writer
Fuel dealer Gene Waldman likes to divide the heating-oil season between gravy and meat and potatoes. The early and late months of the season are gravy months, with mild, unappetizing weather and lukewarm sales. The middle months are meat-and- potatoes months, with generous helpings of cold weather and hearty sales. At least they're supposed to be. Last winter amounted to one big plate of gravy, says Waldman, co-owner of Stott Waldman Oil Co., of Philadelphia. The winter before was only slightly better.
BUSINESS
January 29, 1988 | By Richard Burke, Inquirer Staff Writer
Two more heating-oil companies were named yesterday in a widening investigation of price-fixing in Bucks County's home heating-oil business. Pennsylvania Attorney General LeRoy S. Zimmerman yesterday filed suit in U.S. District Court in Philadelphia charging seven fuel-oil companies and their principal executives with violating the Sherman Antitrust Act for conspiring to fix the price of home heating oil in lower Bucks County. The suit came a day after a federal grand jury indicted five heating-oil companies and 10 individuals on a felony charge of participating in the price- fixing scheme.
NEWS
January 7, 1990
LET THE RICH PAY FULL SHARE OF SOCIAL SECURITY Social Security taxes went up again, and, as usual, the little guy making $20,000 is paying almost 8 percent of his salary and the $100,000 wage earner a mere 4 percent because the system has a cut-off salary of $51,300. Why not do away with the salary limit and collect a lesser percentage from everyone, regardless of salary, on a year-round basis? Let the fat cats, who can better afford it, eliminate the deficit. Norma La Grossa Philadelphia ARE OIL COMPANIES COLLUDING?
NEWS
October 4, 2004
I WAS GLAD to see an article on the skyrocketing oil prices in the Daily News. Homeowners need to be aware that oil prices are at an all-time high and show no signs of decreasing. I wanted to write about our program, PIRG Fuel Buyers, which provides a way for homeowners to save money on their heating oil bills. PIRG Fuel Buyers saves its members money through collective buying power. By negotiating oil prices with suppliers, our co-op can offer savings of up to $200 a winter to its members.
NEWS
August 12, 1986 | By Fen Montaigne, Inquirer Staff Writer
An undetermined quantity of heating oil from the Budd Co. plant on Hunting Park Avenue spilled through a sewer line and into the Schuylkill yesterday, and officials were watching the slick to see whether it threatened one of the city's three drinking-water intake plants. A spokesman for the state Department of Environmental Resources said that the spill was minor and that no fish or wildlife appeared to have been harmed. Budd Co. hired Underwater Technics of Camden to clean up the spill.
BUSINESS
December 2, 1987 | By SUSAN GUREVITZ, Special to the Daily News
Heating oil prices are up over last winter, but even with the increase, keeping your home warm this winter will be a bargain compared with the costs of a few years ago. The Department of Energy expects heating oil bought by homeowners this winter will average 85 cents a gallon, about 10 cents more than last winter's price. In 1985, the average price was $1.13 a gallon. The price this winter could go as high as 93 cents a gallon, or as low as 78 cents a gallon, depending upon the price of crude oil, according to the department's Energy Information Administration short-term outlook.
NEWS
November 10, 1986 | By Daniel LeDuc, Inquirer Staff Writer
More than 500 gallons of home heating oil spilled into the Rancocas Creek early yesterday morning, spreading up and down the stream, covering ducks and sending a pungent odor through downtown Mount Holly, authorities said. The spill occurred when oil leaked through a cracked flange on a tank holding 100,000 gallons of number-two heating oil at G.W. Lippincott Inc., a fuel-oil and building-materials supplier on Washington Street, said Henry Van Brunt, Burlington County director of public safety.
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NEWS
January 18, 2014 | By Alfred Lubrano, Inquirer Staff Writer
PHILADELPHIA A charitable fund used primarily to buy heating oil for poor elderly Philadelphians may be out of money within a week. "It's very dire," said Holly Lange, president and CEO of the Philadelphia Corp. for Aging (PCA), which administers the Emergency Fund for Older Philadelphians on behalf of a coalition of 22 social-service agencies. The fund is considered a service of last resort - the safety net beneath all other safety nets - because people can receive payments from it only if they have already exhausted government programs that provide energy assistance.
BUSINESS
June 23, 2012 | By Andrew Maykuth and INQUIRER STAFF WRITER
The Pennsylvania Public Utility Commission on Thursday approved the transfer of pipelines connected with the ConocoPhillips refinery in Trainer, removing an obstacle to the refinery's sale to Delta Air Lines Inc. The PUC approved the late-hour request on a fast track after the companies involved in the sale realized that some pipelines came under the jurisdiction of the utility commission, and that regulatory approval was required. The application was filed on May 25. Commission chairman Robert F. Powelson extolled the PUC's contribution to efforts to assist in the Delaware County refinery's sale, which is being supported with $30 million in grants from the Corbett administration.
NEWS
March 20, 2012 | By Anthony R. Wood, Inquirer Staff Writer
Devon Crawford was happy to run into some of his old coworkers Monday, but he wished they were meeting a few miles away along the Delaware River, amid the grit and refinery flares. "It's unfortunate that we have to see each other like we're seeing each other," he told them. The occasion was a congressional hearing in Aston Township, Delaware County, on the closing of oil refineries in nearby Trainer and Marcus Hook and an impending shutdown in South Philadelphia. Crawford, the father of boys 10 and 14 who worked as a pump operator at ConocoPhillips in Trainer, is among the hundreds who have lost their jobs.
NEWS
July 6, 2011 | By Michael Matza, Inquirer Staff Writer
Boyd C. Davis Jr., a former West Chester Borough Council member and a scion of a gasoline and heating-oil fortune, was arrested Tuesday on charges of "massive theft" from the estates of his parents, Boyd Davis Sr. and Nelda Wynn Davis. Chester County Deputy District Attorney Ronald Yen said the case against Davis, 70, included allegations of forgery and receiving stolen property "in excess of $100,000" from fraudulent transactions made primarily between 2006 and 2007. The 45-page affidavit of probable cause details 105 instances in which Davis is alleged to have used his power of attorney to misappropriate money from his parents' accounts, or put up their properties as collateral.
NEWS
April 22, 2011 | By Samantha Gross, Associated Press
NEW YORK - The city will phase out the use of polluting heavy oils to heat buildings and will begin building solar power plants on capped landfills, Mayor Michael Bloomberg said Thursday in his first update to a four-year-old environmental plan that aims to reduce greenhouse-gas emissions 30 percent by 2030. Under the plan, the phaseout of heavy oils from New York City's boilers would start right away and be completed by 2030. It would reduce the presence of airborne fine particulate matter, which the city says is killing 3,000 residents each year and forcing 6,000 to seek emergency asthma treatment.
NEWS
March 11, 2011 | INQUIRER STAFF AND ASSOCIATED PRESS
Not much change in the cost of regular no-lead gas in the five-county Philadelphia area, according to AAA Mid-Atlantic. The average remained at $3.56 Friday, although that's 9 cents more than last Friday. South Jersey's average was up 1 cent overnight, to $3.37, the auto club reported. That's also 9 cents more than a week ago. The U.S. average was $3.54, up 1 cent overnight and 7 cents since last Friday. Meanwhile, oil prices continued to slide, dropping 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.
NEWS
March 10, 2011 | INQUIRER STAFF AND ASSOCIATED PRESS
The U.S. average for regular no-lead gas is $3.53 after rising by 1 cent overnight, AAA Mid-Atlantic reported Thursday. That represents a 10-cent increase in one week. The five-county Philadelphia region also saw its average go up by 1 cent, to $3.56. That's 13 cents more than a week ago. South Jersey's average is $3.36, unchanged overnight but 11 cents higher than a week ago. The U.S. average for diesel is 1 cent more today: $3.91. The Philly area's is unchanged overnight at $4.10; South Jersey's went up 1 cent, to $3.81.
NEWS
March 8, 2011 | INQUIRER STAFF AND ASSOCIATED PRESS
Gas prices averaged 1 cent higher today, according to AAA Mid-Atlantic, a continuation of advancing prices but a slowdown from some recent periods of prices increasing by 4 to 6 cents in a day. The U.S. average was $3.52 a gallon for regular no-lead. The five-county Philadelphia area was averaging $3.53. South Jersey's average was $3.35. Meanwhile, oil prices retreated as OPEC ministers discussed whether to ramp up oil production in the wake of the Libyan uprising. Benchmark West Texas Intermediate crude for April delivery fell $1.64 to $103.
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