Vermont heating oil supply up from last year, prices lower

first_imgThe supply of oilheat in the Northeast is approximately 17 percent higher than last year and the strongest it has been in the last five years, according to EIA. Retail heating oil prices in the Northeast have dropped about 40 percent, according to EIA. In Vermont, prices have dropped approximately 42 percent, according to the Vermont Dept of Public Service.  The Winter Fuels Outlook is available at http://www.eia.doe.gov/emeu/steo/pub/oct09.pdf(link is external)The Vermont September Fuel Price Report is available at http://publicservice.vermont.gov/pub/vt-fuel-price-report.html(link is external)”The Winter Fuels Outlook is a sign that the 2009-2010 supply of heating oil should be abundant with appealing prices for consumers compared to last winter. Vermont’s oilheat retailers will once again deliver consumers a high-quality, safe, clean and efficient heating fuel,” according to Matt Cota with the Vermont Fuel Dealers Association.last_img

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