JEFF'S OIL
Our Family Has Been Delivering To Yours For Over 25 Years

NEWS

Date News
8/27/08 Hurricane Gustav is gaining strength and may affect oil production in the Gulf of Mexico.  We will have to see how this turns out. It will most likely cause an short term increase to the price of oil.
8/20/08 There have been reports that the supply is increasing while demand is decreasing. 
8/13/08 In just a week, we have dropped our price by 21 cents.  Finally, some relief!
8/6/08 The price has been dropping. Hopefully this trend will continue.
8/5/08 We have decided not to offer any price protections program for this upcoming heating season.
7/1/08 August is the last month to join our BUDGET PROGRAM.  Please go to Services to get more information on this program.
6/29/08 Oil is coming down due to the the US Dollar improving.
6/28/08 After a long hiatus Jeff's Oil will again keep you informed with current news.
2/7/07 Overall, the market has been on a rise again with the cold weather being the main driving force.
1/31/07 Saudi Arabia have said that they are cutting another 158,000 barrels per day starting on February 1st.
1/10/07 The weather is playing a big factor on why oil is cheaper.  There is a chance that this year could be the warmest one on record.
1/5/07 You can now pay bills and order oil thru our website.  Go to the Customer Login screen to sign up.
1/1/07 Happy New Year!
12/20/06 Last week Opec agreed to cut output production by 500,000 barrels per day starting in February.  This production cut is in addition to the 1.2 million barrel per day cut started this past October.
12/6/06 The average price of retail heating oil in New England is currently at $2.344 per gallon which is 1.7 cents per gallon less than last year.  Our price of heating oil is much lower than the average.
10/18/06 Oil prices are still low but in the last few weeks not too much has changed.  The price has moved up and down but the range has been fairly stable. OPEC continues to keep the market guessing as to whether they will make production cuts which may increase the price of oil.  We will keep you informed.
9/13/06 Oil has dropped in the last few weeks.  The big question is will it continue? 
8/23/06 Heating Oil inventory in New England is behind than last year at this time. We will have to watch and see as to whether this will impact the market.
8/16/06 The BP shutdown in Alaska may not be as bad as originally speculated.  As much as 200,000 barrels may continue to pump while the pipelines are being repaired.
8/10/06 We will keep you posted to see if the BP shutdown in Alaska plays a roll in fuel prices.
8/7/06 Our 2006/2007 Price Cap Plan is available.  Call the office for more details! 
7/26/06 Our BUDGET program has been a big hit!  We have customers joining daily.
7/12/06 Crude Oil is at a high of $75.78.  One year ago, crude oil was at $59.63
7/6/06 Did you know that the two leading supplier countries of crude oil to the United States are our neighbors to the north and south, Canada and Mexico?
7/4/06 Jeff's Oil was once again a sponsor to the Wakefield Independence Parade. 
6/14/06 The International Energy Agency (IEA) lowered their world demand growth forecast for 2006 and also said that the countries crude oil inventories are at the highest level in over 20 years.
6/13/06 We can deduct your bill directly from your checking account without you having to write a check.  Call the office for more details on our EFT program.
5/11/06 Enrollment has begun for our BUDGET PLAN.  Call the office for more details!
5/10/06 Last week crude oil hit an all time high of $75.35.  One year ago crude oil was at $55.39
4/21/06 Crude Oil is plentiful. We are at an eight year high and the price is increasing instead of decreasing. 
3/7/05 As you have probably been hearing on the news, the price of gasoline and home heating oil is expected to continue to rise this week.
3/1/05 Jeff's Oil website goes live.
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