Our Family Has Been Delivering To Yours For Over 25 Years
JEFF'S
OIL
Our
Family Has Been Delivering To Yours For Over 25 Years
NEWS
Date News 12/31/11 Check this article out....3 refineries in PA are closing.... http://m.ibtimes.com/northeast-petroleum-supplies-set-drop-eia-report-272332.html 12/8/11 Purchase a gift certificate for that someone special on your holiday list. Any denomination you would like.... 12/2/11 Check out this story on how Stephen King is helping people in his state....
http://www.heatingoil.com/blog/stephen-king-offers-heating-oil-aid-111011/9/11 If you haven't had your yearly annual tune-up / cleaning then call the office to avoid unwanted heating problems when the cold weather comes. 10/21/11 Libya could double the amount of oil it was producing before the war, but firms are waiting for an updated legal framework.
10/14/11 Call the office if you have any questions on whether your oil line is compliant. 9/30/11 My number one question I got this week is whether I think oil prices will continue to drop. I wish I could answer that question or better yet be able to predict the price and make lots of money and retire early. Prices have been unstable and nobody is able to predict what will happen this season. 9/14/11 http://www.foxbusiness.com/topics/business/oil-energy/heating-oil.htm 9/6/11 Back to Fall Hours! Mon - Fri 8AM-4PM 8/19/11 NEW SERVICE OFFERED: PLUMBING 8/12/11 Oil prices have been declining. Lets hope that this sticks around for the winter heating season! 7/22/11 We are now booking tune-up/cleanings for August and Sept. Call the office for an appointment. 7/15/11 We now have a plumbing division that can provide you with all of your plumbing needs. Call the office for more information! 7/4/11 Have a safe and happy 4th of July!! 7/1/11 The release of the 50 million barrels provided a temporary decline in oil prices. Prices have been going up the last few days though... 6/24/11 EIA releases 60 million barrels from oil reserve. http://www.washingtonpost.com/business/economy/us-allies-to-release-60m-barrels-from-oil-reserves/2011/06/23/AGhcVKhH_story.html 6/10/11 Oil prices surged back over $100 a barrel after OPEC countries surprised market analysts and held production targets unchanged.
5/27/11 Starting June 1st we will be starting our summer hours. The office will be open from 9-2 Monday thru Friday and oil deliveries will be made on Monday, Tuesday, Thursday and Fridays. This is in effect until September 1st. Have a nice Memorial Day Weekend! 5/20/11 Could it be true? US will seek oil in Alaska and the Gulf. http://www.bbc.co.uk/news/business-13399360 5/13/11 This article is interesting. http://www.foxbusiness.com/personal-finance/2011/05/02/gasoline-prices-curbed-heres/?intcmp=obnetwork 5/6/11 Oil saw the biggest one day percentage decline since April 2009. Oil has been over valued so it was just a matter of time before we saw a decline. 4/29/11 What a beautiful day! 71 degrees and the sun is shining. The weakening US dollar made commodities like oil cheaper to investors with other currencies. What that means to us is that oil may remain high until the US dollar strengthens. 4/8/11 It looks like the spring weather is coming! Just in time because heating oil has gained 43% in the past year. 4/1/11 We can't control the rising energy costs but there are many ways to help your wallet. Contact the office and we would be happy to go over the different options. 3/24/11 Oil prices have jumped 24 percent since February 25th. 3/18/11 Prices are up 1.7% this week and are 25% higher than a year ago. Good thing spring is right around the corner. 3/18/11 We apologize for not keeping the news updated. We are making a commitment to have this updated atleast once a week. 6/14/10 Summer is here!! Budget plans are starting. Please contact the office for further information. It is a great way to budget your oil for next season. 3/29/10 The EIA reported last week that crude inventories rose by 7.3 million barrels, a much bigger increase than analysts expected. So, my question for the day, why is the price increasing instead of decreasing?
3/19/10 The winter season is coming to an end. After a rainy week with most houses getting water damage, it is nice to see the temperature in the high 60's. Oil is nearing the top of its range over an 18 month period. 10/30/09 Oil is approaching its high for 2009 of $82 a barrel on evidence the U.S. economy, the world's largest, is recovering. 10/23/09 Prices soared to $82 a barrel earlier this week, the highest since October 2008, from $32 in December.
9/1/09 We've been in the $65 to $75 crude oil range for weeks now and until something breaks that pattern, it is here to stay.
8/10/09 Last year at this time crude oil was starting its decline from the peak, dropping over $20 per barrel in less than 2 weeks. Wouldn't that be nice if that could happen again? 8/1/09 This is the last month to join our Budget Program. Call now to join! 7/24/09 Check out our new Tank Guard page from our Home Page... 6/10/09 We are now offering TANK GUARD protection. This is a great way to have protection on your oil tank. With Tank Guard, if you have a leak, you will recieve a new oil tank for free (parts and labor). Please call the office for further details. 6/3/09 Oil prices have started to move downward. Hurricane season is approaching and we will have to see if that will impact the oil market. 5/22/09 We are putting together a quarterly newsletter. Provide us your email and you can start receiving it! 5/15/09 Although oil supply is at a 19 year high, we are still seeing the price of heating oil rising daily. I would like to believe that I will understand how the pricing works at some point in my life but I won't hold my breath waiting... 5/8/09 We have had many calls wondering if we are offering a pricing protection program this year. We have not decided if we will be having one. We will know better in the next month or so. 4/24/09 NYMEX prices for heating oil are less than half of what they were a year ago. That is some great news!! 4/17/09 Our budget season will be starting again in May. 4/3/09 Starting this weekend we are no longer making routine deliveries on Saturdays until fall. We always have 24 hour emergency service. 3/27/09 In the next month or so, we will begin our budget program. If you need more information, click here or call the office and speak to Amy. It is a great program that helps you cut down on costly oil bills during the winter months. 3/11/09 OPEC is trying to influence the market by reporting more production cuts. Some speculators see prices going up and others think that we may see lower prices in the next few months. I wish I had a crystal ball!! 3/4/09 Have prices reached the bottom and are heading upward? Prices have risen in the last few weeks. 2/11/09 Last year at this time, crude oil was $87.14. This weeks high was at $42.68 per barrel. 2/4/09 Crude oil inventory rose by 7.2 million barrels yet it hasn't impacted the price. We will have to see what happens this week. 1/14/09 WEBSITE UPDATED: you can login into our website to pay your bill or look up your account information. 12/28/08 Oil prices have been falling so OPEC production cuts haven't impacted the price of oil. The last time we were at this price was on 1/23/2005. 12/11/08 The US Energy Information Administration said this week that it expected global oil demand to slump by 50,000 barrels a day this year and 450,000 barrels a day next year, representing the first year-to-year drop in world oil demand since 1983.
11/19/08 OPEC is talking about making production cuts. They are meeting on November 29th. We will have to see if this impacts the price of heating oil. 11/12/08 Crude oil is now almost $40 per barrel lower than it was a year ago. WOW! Hard to believe. 11/5/08 Heating Oil has been dropping. The million dollar question is, when do you think it will stop. 9/30/08 The market had its biggest loss yesterday which caused oil to drop but it didn't last long because today the price of heating oil is going up. 9/17/08 The financial crisis on wall street caused a big drop in crude oil this week. 9/10/08 Hurricane Ike closed some oil platforms in the Gulf of Mexico but oil prices still remain to drop. 9/3/08 There was no major structural damage from hurricane Gustav. Refineries are still without power and platforms are still abandoned. Yet somehow, the price of oil has fallen a bit in the past week after the price spikes we saw due to the hurricane. 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.
