The home heating oil industry has a long and proud history, and Fuel Oil News has been there supporting it since 1935. It is an industry that has faced many challenges during that time. In its 77th year, Fuel Oil News is doing more than just holding
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News & Trends Traffic will be driven to the site through various search engine channels. "More and More people are going online to make purchasing decisions, heating oil included" said Ryan McCabe, Northeast Oil Group President. "We will target this market and make the process simple, efficient and affordable" Sprague Launches New Protection Tool The May 2 graduates of the Heating & Air Conditioning Contractors of Maryland HVACR Apprenticeship Program. HACC is a trade association for independent heating, ventilation, air conditioning and refrigeration contractors in the Baltimore metropolitan area. The organization actively promotes and protects the interests and welfare of the industry, its members and the consumers it serves. The program is a four-year curriculum that gives credit for on-the-job and classroom training. A registered apprentice is registered with the State of Maryland's Apprenticeship and Training Council. The council sets the rules for the program and will issue an apprenticeship completion certification upon successful completion of the program. This certificate enables students to apply for and be granted a State HVACR journeyman license without taking the exam. Clicking on the "AEC Online Store" button will take you to a page where you can view the five current AEC Bill Inserts and the new Data Sheet "Get The Facts Before You Convert". All six pieces are available in lots of 500 each, at a cost of six cents, or thirty dollars per package of 500, plus shipping, handling and sales tax for New York State shipping addresses. To review the copy for any given piece, click on the name immediately below the piece to display a pdf containing the complete copy in a more easily readable font size. To place an order fill in the number of Packs of 500 desired in the block below the piece(s) being ordered and click on the "Continue Order" button at the bottom of the page. You will then be taken to a page where you can provide your contact information and shipping address. erty and casualty insurance agency for the Connecticut Energy Marketers Association (CEMA), formerly known as the Independent Connecticut Petroleum Association (ICPA). GoodWorks, a full-service brokerage with locations throughout CT and MA, has emerged as a strong player in the insurance market in the Northeast with its deep bench of fuel industry expertise, its best-in-class service operation and its stellar reputation for integrity and community support. The firm does business with every major insurance company that serves energy marketers in the region, which maximizes its prospects for finding the best solutions for their clients' insurance needs at the best price. It's also committed to giving at least half its annual operating profits to community-based non-profit organizations. Goodworks Insurance the Exclusively Sponsored Independent Property and Casualty Insurance Agency for the Connecticut Energy Marketers Association Northeast Oil Group launches its website this June to satisfy the growing demand by heating oil consumers to shop online. Visitors to the site can get quotes, purchase oil and set up deliveries with a few clicks. Targeting heating oil users from Maryland to Maine, Northeast Oil Group will use local heating oil dealers in each service area to make deliveries. GoodWorks Insurance recently became the exclusively sponsored independent prop- 12 E-Commerce Heating Oil Start Up JUNE 2013 | FUEL OIL NEWS | www.fueloilnews.com Sprague (Portsmouth, N.H.) has announced the launch of PhysicalCap™, the first wholesale supply offering that conveniently provides all the protection a retail fuel marketer needs to offer capped price protection to customers. Sprague guarantees not only rack basis protection, but also establishes a maximum possible invoice price. The maximum invoice feature eliminates the potential time mismatch between wholesale supply lifting and financial hedge expiration, in addition to helping protect customers' cash flow during the delivery window. Sprague's PhysicalCap™ offering continues a long history of inventing tools and services to meet retail marketers' needs. Sprague was the first wholesale provider of Heat Curve fixed forward pricing in 2003, and now offers over 1,000 individual winter fixed price curves on as little as 1,000 gallons, allowing marketers to lock in forward prices one customer at a time. Please contact your Sprague sales representative or Sprague's contract desk at 888.440.4944 for more information. TeamLevine Leaves Morgan Stanley, Forms Powerhouse TeamLevine has left Morgan Stanley to form the firm, Powerhouse, a division of Coquest. Powerhouse works with clients to protect profit margins and grow their business. They design and implement hedging strategies. The company focuses on price risk management using energy futures and related financial instruments. Powerhouse clients represent nearly all sectors of the energy supply chain from producers to downstream distributors and retailers. Customers include gasoline marketers seeking to protect retail margins; diesel fuel distributors offering fixed and capped prices and energy users who worry the latest head-