Fuel Oil News

Fuel Oil News November 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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American Energy Coalition Contrary to claims that natural gas is "clean, efficient, dependable and environmentally friendly," a number of studies and reports "suggest none of those attributes are true and/or correct," said Tom Tubman, executive director of AEC. He said natural gas is 95 percent methane and is a more potent greenhouse gas than carbon dioxide. injured 465 others, and caused more than $800 million in property damage." Markey said consumers "shouldn't have to pay for billions of dollars in fuel that never even makes it to their homes. "Every leaky pipeline is like a hole in consumers' pockets. We need to speed up the replacement of old natural gas infrastructure to reduce accidents, pollution, and waste." The report uses Massachusetts as a case study, finding that a few companies are responsible for the lion's share of leaks. Three companies, Boston Gas, Colonial Gas, and Nstar Gas, accounted for 80 percent of these passed-on costs from 20002011, according to the report. As a group, Boston Gas customers paid the most, covering an estimated $352 to $781 million in unaccounted for gas costs, followed by Nstar Gas customers at $109 to $229 million, and Colonial Gas customers at $92 to $221 million. On a per customer basis, Westfield Gas & Electric customers paid the most (about $304 to $2,426 per customer) because of the company's small customer base relative to its unaccounted for gas levels. Boston Gas, New England Gas, Nstar Gas and Essex Gas customers each paid over $370 to $875 on average in lost and unaccounted for gas costs from 2000-2011. Drawing attention to such practices by the natural gas industry is part of the AEC's attempt to preserve oil heat in homes, Tubman said. "We're trying to limit any further conversions to natural gas," he said. l F ON www.fueloilnews.com | FUEL OIL NEWS | NOVEMBER 2013 19

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