Fuel Oil News

Fuel Oil News September 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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C o m p an y Prof i l e Loud and Proud From Simple Beginnings to Fueling a Different Kind of Fleet by KENT CRAWFORD Mike Tasha, right, and managed by his son, Kabraul, is the delivery of large amounts of fuel to ocean-going vessels. One of these is the Atlantis, a research and education ship operated by the Woods Hole Oceanographic Institute in Woods Hole, MA, USA, that can be out to sea for six months at a time. M illions of people collect baseball cards, stamps or coins, but Mike Tasha has made his mark collecting something a little more esoteric: oil companies. Or, more specifically, oil companies that make their home on the insular stretch of Massachusetts known as Cape Cod. Tasha hails from Provincetown, Mass., which is located on the far northern tip of the Cape Cod peninsula as it juts out into the Atlantic Ocean. He acquired his first oil company – Cape Cod Oil Co. – in 1974 with his wife, Halcyone, and since then he has completed enough subsequent acquisitions to make the Tasha name ubiquitous around the Cape in regards to fuel delivery, service and supply. "I've been in the oil business for all of my working life," said Tasha. "When I got out of high school I went to college for a year in Boston, but decided that really wasn't for me. So I came back and worked for a company called Cape Cod Oil for several years before I purchased it in 1974." 26 SEPTEMBER 2013 | FUEL OIL NEWS | www.fueloilnews.com That set off a series of acquisitions over the next 20 years for Tasha, who added Frank's Oil Co., Canal Fuel Co., Mooney Fuel Co., East Ham Discount Oil and Cape Cod Propane, among others, to his portfolio. The routine was the same for each acquisition – he and Jason would buy the company, maintain its established name and run it as an autonomous business. All in the Family One of Tasha's last major purchases occurred in 1994 when he acquired Loud Fuel Co. of Falmouth, Mass. At that time, Tasha also was completing the purchase of Mooney Fuel Co., while his son, Kabraul, had just returned home from a few years away at college and decided that he wanted to enter the family business. With Mike concentrating on the new Mooney Fuel business, he gave Kabraul the keys to the Loud Fuel operation. "At that point, Loud Fuel was a pretty small company, around a million gallons a year," Mike Tasha explained. "He took a

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