Written on: March 24, 2026
Dear Valued Customer,
The war in the Middle East has resulted in an almost unprecedented increase in fuel prices — including oil, propane, natural gas, and gasoline. Electric rates are sure to follow.
We know how frustrating this is. It is extraordinarily frustrating for us as well and creates tremendous pressure on our business. Like all fuel providers, we purchase heating fuel daily at wholesale prices set by global energy markets. After the war started, the price per gallon we paid jumped by an astonishing 75 cents in the first 7 days and by over $1.90 in the month of March.
We have no way of knowing what will happen tomorrow, let alone in a month or six months. In the past, we have seen prices plummet just as quickly as they have spiked. But when that will happen again is anyone’s guess.
We still have cold weather to deal with. If we deliver according to our schedule, we know some of you might suspect we are just trying to make as much as we can. However, if we delay deliveries, prices could rise even more, and customers could run out of fuel.
We want to be clear about a few things:
We are committed to taking care of you and your family, no matter what challenges we have to deal with. Our company has spent years building strong relationships with suppliers to ensure we have enough fuel, even in situations like these.
If you have questions about your account or would like to discuss anything else with us, please do not hesitate to reach out. We are here to help. You can also keep up to date on these topics on the Price Reports section of our website which is updated weekly.
Hopefully, the war will come to an end soon, pressure on supplies will ease, and prices will drop. Until then, please join us in praying for our troops.
Sincerely,
Rick Bologna
Vice President
Westmore Fuel