Let’s say you’ve just purchased a home on Long Island and you’re looking to buy fuel oil to keep it heated. It is no secret that New York has a monopoly on fuel oil users, and if you’ve moved from anywhere else in the country you’re probably astounded by the sheer lack of electric heating…
There are few things that affect the price of crude oil more than rumors, and right now, prices are dropping significantly as a direct result of higher storage volumes and of course the OPEN rumors. After a report from the US Energy Information Administration earlier, oil prices at oil companies on Long Island began to…
There is always going to be a question of whether or not fuel oil costs are going to drop, especially as winter approaches, and this year we actually have an answer for you, just in time for the cold season. Bank of America has stated that the rebound in oil prices on Long Island will…
Rumors have always affected stock prices – perhaps more so than we would really like to admit but the question lingering in everyone’s mind right now is whether or not the current OPEC rumors are actually going to affect Long Island oil prices. It’s not a bad question, after all, you want to know how…
