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08 Feb 2007 Heating oil supplies fall

 

Figures reports larger than anticipated dip in heating oil supplies, as oil prices return to relatively high levels.

checkmark green According to statistics from the US government distillate stocks, used to make heating oil, recently fell by 3.7 million barrels last week. This is notably more than the anticipated decline of three million to 3.2 million barrels.

checkmark green It is thought that falling stock levels and anticipated cold weather could make this the ideal time to stock up on domestic heating oil supplies, as demand continues to rise in line with dropping temperatures.

checkmark green Meanwhile crude oil supplies have fallen by 400,000 barrels alongside an increase in gasoline stocks of 2.6 million barrels. Many analysts had been expecting an increase in crude supplies of 1.4 million barrels.

It was recently reported that heating oil prices have remained resilient, with end user prices staying fairly steady despite the cold weather. However prices could be due for an increase if the cold weather ensues.

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Chimney Liner and Flue Size

The flue size in an existing chimney may be too large for the required venting in newer high-efficiency furnaces and boilers. These smaller flues should be backfilled with high-temperature insulation to keep the exhaust gases as hot as possible until they reach the chimney.

State of the art technologies bring heating oil systems into the 21st Century.

Furnaces no longer just blow hot air through the house. Whether you are looking at upgrading your present heating oil system or installing a new one, one fact remains constant: heating oil systems are better and smarter today than they have ever been before!

They are designed as the focal point of a comprehensive, efficient, clean and safe system to heat your home. But it’s not all about heat. The same ductwork that connects the furnace to the rest of the residence can be used as the conduit for other forms of conditioned air as well. For example:

• Cooling with central air.

• Moisture control with a humidifier

• Eliminate dusts and pollens with a central air cleaning system.

Innovative technologies are producing heating oil furnaces with efficiencies in fuel-to-heat conversion ranging from 81% to 95%. The use of low-mass combustion chambers and improvements in the design of heat exchangers, coupled with high-pressure flame retention burners and innovative microprocessor-based controls are just several reasons for this leap in efficiency.

Modern furnaces can save you money, too, as an effective way to cut energy costs! Efficiency in the use of your heating oil pays for itself while providing an increase in comfort, peace of mind through confidence in the equipment and low exhaust emissions promote a cleaner environment as well.

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