Fuel Oil News

Fuel Oil News August 2015

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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T his year's NEFI Expo moved to the DCU Center in Worcester, Mass. With any such change, the results have to be experienced to gauge success and subjec- tively the halls saw solid traffic and the educational sessions matched or exceeded similar events in the industry in attendance and quality. The cost to attendees and exhibitors and general accessibility were certainly favorable com- pared to past locations, such as Boston. Overall, there were over 2,200 registrants for the event. The trade show featured over 175 vendors, of which 40 were first- time exhibitors. A wide range of educational opportunities saw roughly 240 attended the general educational sessions and 250 the technician-focused sessions. Where networking is concerned, the Wednesday night (June 10) reception at the Worcester Art Museum was attended by almost 300 people. "It was a tremendous success," said NEFI Chief Operating Officer Martha Leshine. "This was my first time putting on a trade show so I am pleased with the comments I have heard post show. The layout and location of the DCU Center worked well for the flow of the events on site and then for the city at night. I believe people thoroughly enjoyed the Art Museum and networking in a different environment. It was nice to see business still being conducted while others were breaking down their booths on Thursday." On the education front, while sessions were offered in a range of operational areas FON staff focused on the more fuels-related topics. For example, the session Declining Distillate Values and the Impact on Bioheat Fuel highlighted that biodiesel has proven to be directly cost competitive with petroleum diesel most of the time, with no small degree of assistance from RINs. The session was pre- sented by Gene Gebolys of World Energy. However, Gebolys did note that when the margin situation is not in favor of producers and suppliers relative to petroleum diesel in the market, produc- tion will be curtailed. Blenders need "to have supply contracts in place" as buying on the spot market will be uncertain. 36 AUGUST 2015 | FUEL OIL NEWS | www.fueloilnews.com BUSINESS OPERATIONS Recap: NEFI Expo 2015 A successful change in venue produces a fine show BY KEITH REID

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