Fuel Oil News

Fuel Oil News January 2013

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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datELinE CaLEndar oF EVEnts ���With higher and fluctuating fuel prices, Americans are seeking more fuel efficient cars,��� Schaeffer said. ���The new U.S. federal fuel efficiency standards that will required a 54.5 mpg average by 2025 will significantly boost clean diesel auto sales because diesel cars are 20 to 40 percent more fuel efficient than gasoline versions.��� Schaeffer said the U.S. Energy Information Administration (EIA) forecasts that compared to 2012 the price of diesel fuel will decline by about 3 percent in 2013 to $3.83/gallon. TacOanDInDuSTryaLLIES aSSISThurrIcanEvIcTIMS When Hurricane Sandy trudged ashore in October, she left a broad, $70 billion path of destruction in her wake. More than 250 deaths were attributed to the storm. Just missed by the worst of Sandy���s wrath was Cranston-based Taco, Inc. ���It looked at first like we were the bulls eye, but as fate would have it, we missed the worst of the assault,��� said Johnny White, Taco���s president and CEO. Taco, a leading developer and manufacturer of plumbing and hydronic-based heating and cooling equipment and accessories for use in residential, commercial and institutional applications worldwide, braced for the storm. ���The next day, it was clear to us that we had a mandate,��� added White. ���We were spared by the storm���s worst, but there are huge areas, especially to our south and west that took the hurricane���s full hit, and they���ve still not recovered. Shortly after the storm, we met as groups within the company, and with our reps and wholesalers. It was immediately apparent that���because Sandy hit hard in hydronics country���we���d have to work hard to keep up with replacement orders.��� Among those eager to join forces with Taco to help with recovery and supply efforts was Greg Talbot, VP of sales for Wales-Darby, Inc., an Islandia, NY-based manufacturer���s rep firm. Taco���s Steven Pearson, VP, OEM sales, and Ken Anderson, VP of sales, Northeast region, joined a group of industry representatives and contractors at Wales-Darby���s location in Islandia for a meeting hosted by Kevin Rooney, CEO, Oil Heating Institute of Long Island. Attendees included representatives from several oil heating companies and Hunter Botto, New York state PHCC president. ���We learned, among other things, that recovery efforts are now just the tip of the iceberg, and that more than 40,000 homes will require new heating systems���most of them hydronic,��� said Talbot. ���Our focus at Taco is to eliminate any bottlenecks in the pipeline,��� said Anderson. ���The focus is filling orders as quickly as we possibly can and to coordinate assistance wherever possible.��� March The Work Truck Show 2013 March 6-8, 2013 Indiana Convention Center Indianapolis, IN www.ntea.com aPrIL Atlantic Region Energy Expo 2013 April 30 ��� May 2, 2013 Atlantic City Convention Center Atlantic City, NJ www.areetradeshow.com At Taco, the manufacturer���s employees are working overtime, and with overlapping shifts to meet the need for replacement products. Also, vendors were asked to expedite material and component shipments to meet the need. ���We set up a task force that meets daily to streamline the delivery of products into areas affected by the storm,��� explained Todd Facey, Taco Sr. VP of Sales and Marketing. ���We���re also working with many of our OEM partners to help them ramp up boiler production and shipments.��� Taco has also set a group on their FloPro Team Neighborhood to connect contractors affected by Sandy with other contractors around the country that are willing to provide assistance at www.flopro. taco-hvac.com. FUEL OIL NEWS (ISSN 0016-2396), Canada Publication Mail Agreement #1588621, is published monthly by Bev-Al Communications, Inc. 1030 W. Higgins Road, Suite 230, Park Ridge, Il 60068. Circulated free of charge to qualified individuals in the oil heating industry in the United States. Additional and/or personal copies are available on a paid subscription basis only. 1-year subscription rates: $28.00 USA. $40.00 Canada and Mexico via service postage. $90.00 other foreign countries via air-mail postage. Single copies: $8.00 U.S. via first-class postage. $12.00 other Canada/Mexico/Foreign via airmail postage. Payable in US currency. Periodicals postage paid at Park Ridge, IL and additional mailing offices. Copyright 2013 by Bev-Al Communications, Inc. Reproduction of any portion or portions of this publication is specifically prohibited without written consent. Postmaster: Send address changes to FUEL OIL NEWS, PO Box 4290, Port Jervis, NY 12771. 4 January2013| FuELOILnEWS|www.fueloilnews.com

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