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Mar. 9—Heating oil prices are rising along with gas prices, with the cost of residential oil in Maine jumping up 87 cents per gallon on average in the past week. The price on March 7 reached $4. ...
May 3—Heating oil prices neared another unprecedented threshold of $6 per gallon in southern Maine on Monday, despite the warmer temperatures and the ongoing release of U.S. oil reserves. Bill ...
The $500 payments follow separate rounds of heating cost relief for eligible Maine families. ... $450 checks to supplement their home heating and emergency fuel costs. ... to Do Now If Your Credit ...
On July 10, 2000, President of the United States Bill Clinton directed Energy Secretary Bill Richardson to establish a 2,000,000-US-barrel (63,000,000 US gal; 240,000,000 L) home heating oil component of the Strategic Petroleum Reserve in the Northeast. The intent was to create a buffer large enough to allow commercial companies to compensate ...
#2 Heating oil price, 1986–2022 Kerosene inventory stock levels (United States), 1993–2022. Heating oil is known in the United States as No. 2 heating oil. In the U.S., it must conform to ASTM standard D396. Diesel and kerosene, while often confused as being similar or identical, must each conform to their respective ASTM standards. [3]
The Department of Energy unveiled plans to purchase oil at a price of $79 per barrel or less, but has since purchased oil at higher prices. As of April 2024, further purchases were cancelled due to rising oil prices. [10] [15] According to legislation already in place, the amount of oil in the reserve could fall to 238 million barrels by 2028. [16]
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