December 28, 1989 |
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.
September 3, 2009 |
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.
October 20, 1991 |
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.
January 29, 1988 |
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.
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?
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.
August 12, 1986 |
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.
December 2, 1987 |
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.
November 10, 1986 |
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.