What’s behind the cost of heating oil? There are a lot of factors that contribute to heating oil prices in Connecticut.
Heating oil, like gasoline and diesel fuel, is a “finished” product derived from crude oil, so its price is closely tied to the price of crude oil. U.S. production of crude has been soaring in recent years, and that has contributed to much lower prices.
But everything from the weather to global politics can influence the energy markets and affect the price. On a local level, seasonal demand, operational costs and even competition between dealers can result in price fluctuation.
Supply and demand will always play a role in fuel prices. But when you make Westmore your home heating oil company, you have a distinct edge in terms of heating oil prices in Connecticut.
After the oil embargo in 1974, we made a commitment to always have a reliable supply of fuel for our customers. In 1982, we made our first investment toward that goal, buying a bulk fuel terminal. Soon after, we purchased a 1.2-million gallon marine storage terminal in Port Chester.
These facilities, combined with strong strategic relationships with our suppliers, enable us to guarantee Westmore customers an uninterrupted supply of fuel and some protection against spikes in the price of heating oil.
Not all oil is the same. The quality of the oil in your tank has a big impact on how efficiently your system runs, how long your equipment lasts—and how much fuel you need to burn to keep your home comfortable.
Westmore’s B20 Bioheat biofuel is the cleanest fuel on the market. A blend of 20% biodiesel and 80% ultra-low-sulfur heating oil, Westmore’s B20 Bioheat burns more efficiently, helping you keep heating costs down and giving you more value per gallon.
Westmore’s Bioheat oil also helps the environment. Bioheat is proven to burn more cleanly than natural gas, and it dramatically reduces emissions of particulate matter, sulfur dioxide and carbon dioxide. Because biodiesel is made from renewable resources like soybean oil, it’s also a great way to decrease our country’s dependence on foreign oil.
Prices will always ebb and flow somewhat. That’s why we offer programs designed to help you save money and keep your heating bills manageable no matter what happens with heating oil prices.
Have questions about any of our heating oil pricing plans, or unsure which is the best plan for you? Give us a call and our knowledgeable team can help you understand your options.
If you are a Westmore customer, you can access your online account and view our latest pricing offers.
Westmore is committed to getting our customers the best price for heating oil. We do that in many ways—by maintaining a good supply and strong relationships with our supply chain, and by delivering a quality product for true value.
We believe an educated customer is more confident in his or her choices, and we want you to be confident when you choose Westmore as your heating oil company. That’s why we make it easy for you to stay up to date on the latest heating oil prices in Connecticut. We do the same for our New York customers.
We also encourage you to read Westmore’s monthly Heating Oil Price Reports. They provide an overview of trends in the heating oil, crude and natural gas markets to give you a deeper understanding of where prices may be headed.
At Westmore, we are always looking for ways to help you keep heating oil costs manageable without sacrificing comfort and convenience. We appreciate your business, and we will continue to do everything possible to provide you the best value for your hard-earned money. Keep these tips in mind: