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 | FEBRUARY 2016 19 Natural gas surpassed coal as the leading source of electricity generation on a monthly basis for the first time in April, and again in each of the four months from July through October. In the residential and commercial sectors, which use natu- ral gas primarily for heating, consumption in 2015 declined 6.7% and 4.4%, respectively, from the previous year largely because of warmer weather. Natural gas consumption in the residential and commercial sectors was particularly high in 2014 because of cold temperatures in the first and fourth quarters. Although 2015 had a cold start, temperatures in the fourth quarter were warmer than normal throughout most of the United States. Growth in production also allowed for strong builds in working natural gas inventory. Inventories surpassed 4,000 Bcf for the first time, reaching 4,009 Bcf in the week ending November 20. With much of the growth in natural gas production in the Marcellus and Utica shale regions in the Midwest, several major pipeline projects came online in 2015 to transport natural gas from these plays to consumers. In August 2015, the Rockies Express Pipeline (REX) reversal was completed. REX, one of the longest natural gas pipelines in the United States, began service in 2009 to bring Rockies gas eastward. As Marcellus production increased, however, demand in the East for natural gas produced in the Rockies declined. The REX reversal added westbound capacity to enable the trans- port of natural gas produced in the Marcellus and Utica Shale regions to consuming markets in the Midwest. Several other new pipeline projects began to take natural gas produced in the Marcellus and Utica regions to consumer areas on the East Coast, Midwest, and Gulf Coast area. l F O N Source: U.S. Energy Information Administration, Weekly Natural Gas Storage Report Weekly Lower 48 states natural gas in underground storage (Jan 1, 2010—Dec 18, 2015) billion cubic feet Jan-10 Jan-11 Jan-12 Jan-13 Jan-14 Jan-15 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0 2015 maximum 4,009 Bcf 2015 minimum 1,561 Bcf Mar 27 Nov 20 CONTACT: GEORGE LANTHIER 508.421.3490 VOICE | 508.421.3477 FAX www.FiredragonEnt.com NORA BRONZE OIL HEATING SCHOOL – 7 WEEKS Begins January 26, 2016 – TU-WE-TH Nights Beckett TTC, Fiskdale (Sturbridge), MA MA OILBURNER LICENSE CLASS – 4 HOURS February 5, 2016 Beckett TTC, Fiskdale (Sturbridge), MA MA OILBURNER CODE CLASS – 4 HOURS February 5, 2016 Beckett TTC, Fiskdale (Sturbridge), MA RIELLO 40 SERIES OILBURNERS – 8 HOURS March 1, 2016 Beckett TTC, Fiskdale (Sturbridge), MA ANNUAL TUNE-UP FOR OIL – 8 HOURS March 4, 2016 Beckett TTC, Fiskdale (Sturbridge), MA WIRING OIL & GAS HEATING SYSTEMS – 3 DAYS March 8-9-10, 2016 Beckett TTC, Fiskdale (Sturbridge), MA RESIDENTIAL STEAM WORKSHOP – 8 HOURS March 11, 2016 Beckett TTC, Fiskdale (Sturbridge), MA NORA BRONZE OIL HEATING SCHOOL - 2 WEEKS Begins March 21, 2016 – DAYS Beckett TTC, Fiskdale (Sturbridge), MA GAS CONVERSION WORKSHOP – 8 HOURS April 8, 2016 Beckett TTC, Fiskdale (Sturbridge), MA BASIC GAS SCHOOL - 1 WEEK Begins April 11, 2016 – DAYS Beckett TTC, Fiskdale (Sturbridge), MA HYDRONICS WORKSHOP – 8 HOURS April 22, 2016 Beckett TTC, Fiskdale (Sturbridge), MA MA OILBURNER LICENSE CLASS – 4 HOURS April 29, 2016 Beckett TTC, Fiskdale (Sturbridge), MA MA OILBURNER CODE CLASS – 4 HOURS April 29, 2016 Beckett TTC, Fiskdale (Sturbridge), MA WIRING OIL & GAS HEATING SYSTEMS – 3 DAYS June 14-15-16, 2016 F.W. Webb Co., Rutland, VT NORA BRONZE OIL HEATING SYSTEMS – 3 DAYS Begins July 18, 2016 – DAYS Beckett TTC, Fiskdale (Sturbridge), MA