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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14 MAY 2016 | FUEL OIL NEWS | www.fueloilnews.com FUELS EIA NE WS multi-disciplinary product development teams and multi-site manufacturing, qual- ity and logistics organizations. She has led the revitalization of the engineering depart- ment, the implementation of the new ERP system and the quality and lean manufac- turing programs. Robert (Bob) McGonagle has been with Scully since 2004, and has played a pivotal role in supporting customers and leading the service and sales teams. McGonagle has more than 23 years of experience in the petroleum industry, hav- ing served as a fuels specialist with the U.S. Air Force. He will continue in his position as director of sales and service. WHITE MOUNTAIN BIODIESEL PLANS EXPANSION AND DIRECT SALES TO RETAIL White Mountain Biodiesel, LLC has a n n o u n c e d t h a t i t h a s b e g u n t h e expansion of its plant in North Haverhill, N.H. The expansion, which will occur over the next two years, will include a 10,000-square-foot addition to its existing facility and the installation of 1,186,000 gallons of additional processing and storage tanks. Upon completion of the planned improvements, the plant will have increased its nameplate capacity from 3,000,000 gallons per year to in excess of 16,000,000 gallons per year. When completed the plant will be the largest in New England. As part of the plants' operational improvements the company has begun the purchase of its own fleet of tankers and pedal trucks to enable sales of blends as high as B99.9 to retail customers w ithin New Hampshire, Maine and Vermont. White Mountain is working directly with Suntec pumps and other manufacturers to develop a reliable pump configuration to enable home heating systems to function reliably on higher blends of biodiesel. All the trucks acquired will be pre 2007 models without DPF or DEF systems enabling them to be operated on high blends of biodiesel. These vehicles will also be used to pick up used cooking oil from New England collectors and for the delivery of glycerine and other waste products to New England digester facilities. Principal contributors: April Lee, Tim Shear, Katie Teller EIA: Mild Weather, Ample Supply Curb Northeast Natural Gas Prices Wholesale natural gas and power prices in the Northeast United States remained relatively low this winter, absent the large spikes that have occurred dur- ing recent winters. A combination of increased deliveries of liquefied natural gas (LNG) into the region, a fuel ade- quacy winter reliability program, and the warmest winter on record helped to keep prices low and stable. Day-ahead peak period electricity prices at the Massachusetts Hub peaked at $66 per megawatt hour (MWh) this winter, down from peaks of $211/MWh during the previous winter (2014-15) and $438/MWh the winter before that (2013- 14). Prices in New York City peaked at $71/MWh this winter, down from highs of $223/MWh during winter 2014-15 and $519/MWh during winter 2013-14. Because natural gas generators often set the marginal price for electricity in the Northeast, wholesale electricity prices closely reflect wholesale natural gas prices, which were similarly low this win- ter. Day-ahead natural gas prices in the Boston area peaked at $7.85 per million British thermal units (MMBtu) this win- ter, down from peaks of $29.25/MMBtu during the previous winter (2014-15) and $77.60/MMBtu the winter before that (2013-14). Prices in New York City