Fuel Oil News

Fuel Oil News May 2016

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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www.fueloilnews.com | FUEL OIL NEWS | MAY 2016 19 OPPORTUNITY KNOCKS MORE OFTEN THAN YOU MIGHT THINK 1.888.440.4944 | SPRAGUEENERGY.COM *Data reviewed from January 2014 to September 2015 for the NYMEX ULSD Contract, adjusted for monthly contract expirations. Information is not intended to be a promise of future performance. Many people think Real-Time® pricing is only good on 'down days,' and since the market finishes higher as o'en as it finishes lower, the real-time buying opportunity is limited. But did you know that over the past 21 months, NYMEX traded in 'lower territory' at some point during the day 9 out of every 10 days*? That means Sprague Real-Time® pricing platform presents our customers with money-saving opportunities nearly every single day. This is something savvy Sprague Real-Time® pricing platform buyers figured out long ago … seize the opportunities that Sprague Real-Time® pricing offers by signing up today. 9 OUT OF EVERY 10 DAYS, THE MARKET PRESENTS AN OPPORTUNITY Visit us at the Eastern Energy Expo! Booth 427 | May 24 - May 25 New Hampshire and Providence, R.I. Even so, Taylor said, "If something goes wrong, if we have a lot of demand, if the eastern United States is very cold, if a pipeline breaks, if there's a Canadian rail strike, if there's a blizzard which slows rail cars through upstate New York"—supply can become shaky, "so having a good relationship with a supplier is very important." In fact, build good relationships with more than one supplier, he advised. Combined Energy Services purchases from three different suppliers. "We also store a lot of gas in salt caverns [exhausted salt mines] in upstate New York for the winter as insurance to make sure we're going to have the gas when we need it. We put away over a million gallons a year normally," said Taylor. TRAINING AND SAFETY "All of our employees go through the NPGA Certified Employee TIPS FROM MIKE TAYLOR OF COMBINED ENERGY SERVICES 1. Propane isn't fuel oil—margins aren't a dirty word. 2. Never, ever, ever, sell tanks. 3. Pony up and build your own bulk plant and be in control of your inventory. 4. Did I mention never ever sell tanks? 5. Liability lasts forever with propane and very often if you touched something years ago--it's tag you're it, you're in the [lawsuit]. 6. You can't bury an underground propane tank and forget about it. 7. When oil leaks it creates a big expensive mess. When propane leaks you injure and kill people. Safety has to be in the forefront with everything you do every day. 8. Be loyal to your wholesale supplier and trucking company since when things get tight, you'll need them. Never, ever, ever, sell tanks. Pony up and build your own bulk plant and be in control Never, ever, ever, sell tanks. of your inventory. of your inventory. Pony up and build your own bulk plant and be in control Pony up and build your own bulk plant and be in control of your inventory. Did I mention never ever sell tanks? Did I mention never ever sell tanks? Did I mention never ever sell tanks? Did I mention never ever sell tanks? Did I mention never ever sell tanks? You can't bury an underground propane tank and forget about it. ENERGY SERVICES Liability lasts forever with propane and very often if you Liability lasts forever with propane and very often if you Liability lasts forever with propane and very often if you margins aren't a dirty word. margins aren't a dirty word. touched something years ago--it's tag you're it, you're in the [lawsuit]. Pony up and build your own bulk plant and be in control touched something years ago--it's tag you're it, you're in the [lawsuit]. Pony up and build your own bulk plant and be in control Pony up and build your own bulk plant and be in control Pony up and build your own bulk plant and be in control Pony up and build your own bulk plant and be in control touched something years ago--it's tag you're it, you're in the [lawsuit]. with everything you do every day. Be loyal to your wholesale supplier and trucking company Be loyal to your wholesale supplier and trucking company Be loyal to your wholesale supplier and trucking company leaks you injure and kill people. Safety has to be in the forefront Be loyal to your wholesale supplier and trucking company Be loyal to your wholesale supplier and trucking company since when things get tight, you'll need them. Never, ever, ever, sell tanks. Liability lasts forever with propane and very often if you Did I mention never ever sell tanks? Did I mention never ever sell tanks? touched something years ago--it's tag you're it, you're in the [lawsuit]. of your inventory. of your inventory. Did I mention never ever sell tanks? Liability lasts forever with propane and very often if you touched something years ago--it's tag you're it, you're in the [lawsuit]. touched something years ago--it's tag you're it, you're in the [lawsuit]. touched something years ago--it's tag you're it, you're in the [lawsuit]. Did I mention never ever sell tanks? Did I mention never ever sell tanks? Did I mention never ever sell tanks? Did I mention never ever sell tanks? Liability lasts forever with propane and very often if you Liability lasts forever with propane and very often if you touched something years ago--it's tag you're it, you're in the [lawsuit]. touched something years ago--it's tag you're it, you're in the [lawsuit]. touched something years ago--it's tag you're it, you're in the [lawsuit]. touched something years ago--it's tag you're it, you're in the [lawsuit]. leaks you injure and kill people. Safety has to be in the forefront Pony up and build your own bulk plant and be in control leaks you injure and kill people. Safety has to be in the forefront Be loyal to your wholesale supplier and trucking company leaks you injure and kill people. Safety has to be in the forefront You can't bury an underground propane tank and forget about it. touched something years ago--it's tag you're it, you're in the [lawsuit].

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