President Biden will also open the door to additional oil reserve releases this winter in an effort to bring prices down.
heating oil
Posted inBusiness, Maine
Expect tight supply of heating oil, K1 kerosene this winter
From refinery issues to labor woes, industry facing big hurdles.
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Posted inThe Penobscot Times
Gas is cheap, but high demand and low temperatures mean no bargains on heating oil
Heating oil prices hold steady, even as gas prices stumble
Posted inBusiness
Staying warm this winter will cost more for Maine heating oil customers
PORTLAND (AP) — The cost of staying warm this winter is going to grow for the average American, and it’s going to be especially painful for those who rely on heating oil, a federal agency said. The U.S. Energy Information Administration forecasts a 20 percent increase in spending for heating oil but more modest increases […]
Posted inBusiness, sj-web
Cleaner heating oil now the standard in Maine
Heating oil now being delivered to homes and businesses across Maine will burn cleaner than ever before, cutting boiler maintenance costs and fuel use while improving air quality and visibility, according to industry and state environmental officials. After years of planning, on July 1 Maine switched to ultra-low sulfur heating oil, a fuel that studies […]
Posted inMaine, sj-web
Donald Trump wants to cut heating oil assistance to the poor
PORTLAND (AP) — The Trump administration is once again calling for the complete elimination of a heating assistance program that helps to keep the homes of low-income families warm. And once again, program supporters are vowing to fight it. The administration is using the same arguments from a year ago when it tried to abolish […]
Posted inMaine
Energy costs rise as temperatures drop
PORTLAND — Plunging temperatures across half the country on Thursday underscored a stark reality for low-income Americans who rely on heating aid: Their dollars aren’t going to go as far this winter because of rising energy costs. Forecasters warned people to be wary of hypothermia and frostbite from an arctic blast that’s gripping a large swath from […]
Posted inMaine, sj-web
Advocates urge Congress to preserve heating assistance program
AUGUSTA (AP) — More than 30 attorneys general and state consumer advocate agencies are urging Congress to reject plans by the administration of President Donald Trump to eliminate the federal heating assistance program, including northern New England representatives. The program distributes $3.4 billion to about 6 million households. The representatives say the Low Income Home […]
Posted inNation / World, sj-web
Congress is cool to Trump's proposal to end heating aid
PORTLAND (AP) — The summer air is sizzling as the Fourth of July approaches, yet 86-year-old Richard Perkins already worries about how he’s going to stay warm this winter. President Donald Trump has proposed eliminating heating aid for low-income Americans, claiming it’s no longer necessary and rife with fraud. People needn’t worry about being left […]
Posted inMaine
Heating oil prices drop as temperature climbs in Maine
AUGUSTA (AP) — The Governor’s Energy Office says the price of heating oil in Maine has dropped 9 cents since the middle of March. The statewide average cash price for No. 2 heating oil was $2.17 per gallon this week. The statewide price of kerosene was also down 7 cents, to $2.72. Propane prices have […]