Total Energy News and Insights

How low can the price of Oil go? For many home heating oil customers the price of oil is a major factor when it comes to picking a company to use.  As the price of oil here in New England continues to trend downward as the global market receives more and more supply, now is a perfect time lessen the weight price contributes to picking a heating company. Think back to 2012-2013 when the price of home heating oil was about $2.00 more per gallon then what you can find today. Now think about what the average home burns per year, which varies around the region but usually is about 800 gallons. That means that two years ago could have spent 1,600 more than what you would pay now. That's a vacation or a couple of payments on a car, or a service plan for several years or another seasons worth of heating fuel.   With the price of heating oil as low as it is compared to past year the difference between a full service company and cod company is as vast as it always h...

How do you get your Home Heating Oil and/or Propane For many homeowners life seems to get busier and busier without there ever being anymore time in the day. While at the same token some of us have a large amount of time and enjoy convenience. Other like to manage all aspects of their life. There are two types of home heating oil delivery that cater to these types of people. Will Call, this is for those who like to be in control of everything or just simply like to know exactly when they will be getting an oil delivery.  Many people who use will call for delivery try to plan out when to order oil in relationship with the market. While this can certainly work sometimes, for the most part trying to predict the market is unreliable. Take a look at the market over the last two years, you'll see prices ranging from $4+ to $2+ to below $2.  From November of 2014 to February of 2015 to March of 2015 there were steep price decreases, then a sudden price increase due the col...

One for the Record Books This is past winter was one that was talked about at lengths, the mild start, the massive blizzards, frigged temperatures, and extreme market swings. What did that mean for you as a oil, propane, electric, and natural gas heating customer. Depending on where you fall, it meant a lot. Here in the Northeast we have one of highest percentage of home owners that heat primarily with oil heat, about 40%. This number has been dropping over the years as natural gas has been reaching more and more city and town streets. The price of oil had also been at unfriendly levels and climbing for years, without an help in sight. Until the floor dropped out of the oil market around November or so of 2014. Thanks to the increase price of the barrel the American Shale drillers were able to flood the market while OPEC stayed at their level of producing oil.  After years of the barrel being at, around, and above $100, it steadily dropped to $50-60 in ...