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Oil Suppliers (home Heating Oil, Fuel Oil) on Long Island, NY

Updated Oct 05 2014 04:20 PM EST with 102 listings
Fuel oil suppliers included companies that deliver oil on a schedule basis, a when-called basis (fuel oil COD). Some provide fixed price contracts, many also service oil burners and annual cleaning.
We have over 70 business listings for Long Island companies that provide home heating oil or services for oil furnaces. Scroll down for the listings or read our short guide first to help you heat you home at a lower cost this year. You may also want to review our new guide to choosing and maintaining a home heating system on Long Island.

There are many ways Long Islanders can save money on home heating this winter. Here are some tips:
  1. Install triple-paned windows that have a high insulating value. Make sure that all the storm windows are down.
  2. Check for drafts under or around doors, replace the molding or install caulk where possible.
  3. Make sure that fireplace and burner chimneys are clean, and that the chimney dampers work properly. Fires in fireplaces usually result in a net heat loss.
  4. Turn down the thermostat to 66-68 and wear more clothing in the house. Try heating just the family living areas. Buy a thermostat that allows for several temperate settings during the day or week.

Have the furnace inspected in the fall, before the cold weather sets in. Then it will be working optimally and will save energy. No one wants to wake up on a winter day in a cold home!
Now is a great time to practice energy conservation and help lower energy costs. For those planning on upgrading their heating systems or even household appliances, look for the Energy Star label and purchase energy-efficiency you can bank on!

Next, walk around the foundation looking for cables and wires drilled into brick, shingle or vinyl siding. Be sure the holes are caulked. Also, inspect and seal any visible gaps around chimneys, furnace flues, plumbing pipes, ductwork, light fixtures, and attic soffits.

Attics should be insulated with the highest R-rating recommended. In the basement insulate hot-water pipes with inexpensive foam tubes. Make sure that your thermostat in the main living area is upgraded to a programmable unit and program it to be lower at night and during the day when the family is at school or work.

Follow these energy-saving guidelines and take the sting out of higher energy costs this winter! Or make a real green move and install solar heating on your Long Island home.
Oil Suppliers (home Heating Oil, Fuel Oil) on Long Island, NY

Aladdin Fuel Services

Local full service heating fuel company featuring budget energy plans and heating appliances maintenance
806 Montauk Hwy., Bayport NY 11705 PO Box 729, Tel 631-472-0024

Alcus Fuel Oil & Sons

24 Hour burner service, tank removals, quality heating oil.
238 Broadway, Amityville NY 11701 Tel 631-264-8800
E-mail: alcusfuel@gmail.com; Website: alcusfueloil.com

Alert Fuel Corp.

Heating oil supply and service, emergency delivery available
10 Shore Rd., Glen Cove NY 11542 Nassau County 516-656-3978
Suffolk County: 631-427-8137

All Island Fuel

Reliable oil delivery service at the very best price available in the market in Suffolk and Nassau Counties
1280 Montauk Hwy., Mastic NY 11950 Tel 631-281-0106
E-mail: sales@allislandfuel.com; Website: allislandfuel.com

Allyn Oil

Premier heating, fuel efficiency analysis and alarm services providing a valuable and unique service of monitoring and testing above ground fuel oil storage tanks with new ultrasonic testing equipment and tank analysis software.
330 West Merrick Rd., Freeport NY 11520 Tel 516-379-2727
Fax: 516-867-5740; Website: allynservices.com

Bangtson's Fuel

Heating oil service-maintenance-delivery-installation program
98 East Montauk Hwy., Hampton Bays NY 11946 Tel 631-728-1444

Berkoski Oil Company

Oil supply to commercial and residential customers
1 Mariner Drive, Southampton NY 11968 Tel 631-283-4060
E-mail: info@berkoski.com; Website: berkoski.com

Blue Flame Energy

Premium heating oil delivery and service contracting
3 Washington Pkwy, Hicksville NY 11801 Tel 516-931-6700
E-mail: info@blueflame-energy.com; Website: blueflame-energy.com

Budget Fuel Oil

548 Larkfield Rd., East Northport NY 11731 Tel 631-368-1000

Burt's Reliable

Provide soybean oil made from domestically grown beans like alternative to traditional fuel oil
1515 Youngs Ave., Southold NY 11971 P.O. Box 696, Tel 631-765-3767
Fax: 631-765-1744; E-mail: info@burts.com
Website: burts.com

C & R Jarzombek

C & R Jarzombek is a family run business based in Baiting Hollow, Riverhead Township, New York. We deliver heating and fuel oil to homes, farms, and businesses.
2143 Osborne Ave., Baiting Hollow NY 11933 Tel 631-727-4280
E-mail: crjarzombek@yahoo.com; Website: crjarzombek.com

Camelot Oil & Service

High efficiency boilers & burners. 24/hr. emergency service.
1010 4th St., East Northport NY 11731 Tel 631-757-8611

Capital Fuel

Automatic fuel delivery specialist
50 Stewart Ave., Huntington Village NY 11743 Tel 631-385-0041

Charter Oil Corporation

Heating fuel dealer, high efficiency boilers & burners, 24 hour emergency service.
24 Brooklyn Ave., Massapequa NY 11758 Tel 516-799-0020
Tel: 631-587-5511; Fax: 516-799-0027
E-mail: Charteroilsales@optonline.net; Website: charteroil.com


The most Convenient and Safest way to order home heating oil. No Contracts, No Commitments. Order Oil ONLY when you want it. You select the price when it's right for you!
Lindenhurst NY 11757 Tel 631-587-3200
E-mail: info@codfuel.com; Website: CODFUEL.com

Comfort Fuel

Comfort Fuel oil is available for prompt oil delivery, burner service or roll off container service 10-20-30 yarders available. 20 Yrs. experience 24/7.
244 P.O. box 244, Greenlawn NY 11740 Tel 631-427-3835
Cellular: 516-250-2768; E-mail: comfortfuel@gmail.com
Website: comfortfuel.com

Consolidated Fuel Oil

Full service oil company provoding fuel oil, heating, plumbing and cooling services
34 Browns Rd., Nesconset NY 11767 Tel 631-265-2930
E-mail: info@consolidatedfuel.com; Website: consolidatedfuel.com

Consumers Fuel Oil

Full service company providing automatic COD delivery and COD service contracts, oil burner installation and furnace maintenance
405 Central Ave., Bohemia NY 11716 Tel 631-588-9621
E-mail: Consumerfuel@optonline.net

D.A.D.S. Oil

Independently owned and operated oil dealer that offers home heating oil, as well as professional boiler, tank and central air installation services
Mount Sinai NY 11766 PO Box 463, Tel 631-828-6959
E-mail: dadsoil@aol.com; Website: dads-oil.com

Dart Fuel Oil

Call for lowest prices prompt burner and tank installations, contracts, financing, HEAP deliveries a/c start up
1734 Middle Country Rd., Centereach NY 11720 Tel 631-467-0422
Fax: 631-467-0668; Website: dartfuel.net

Discount Oil

Discount & full service diesel fuel. Serving the greater Huntington area.
100 New York Ave. (110 no./25A), Huntington NY 11743 Tel 631-271-0830

Dolly Fuel Oil

Heating oil delivery and service
591 Cold Spring Rd., Syosset NY 11791 Tel 516-922-5226

Dynomite Fuel

P.O. Box 434, Deer Park NY 11729 Tel 631-586-3835
Fax: 631-667-1751; Website: www.dynomitefuel.com

East End Fuel

Heating oil supply and heating systems service
155 Neck Path, East Hampton NY 11937 Tel 631-329-9344

East Hampton Fuel Oil

COD Fuel oil delivery. Discounted prices for senior citizens. Guaranteed low prices.
22 Central Ave., East Hampton NY 11937 P.O. Box 543, Tel 631-324-2420

East Moriches Fuel

Automatic oil delivery, boiler & hot water heater installation and service
26 Atlantic Ave., East Moriches NY 11940 Tel 631-878-2356
Tel: 631-878-6907; Fax: 631-878-5292
E-mail: paul@emofuel.com; Website: emofuel.com

Eckert Oil Service

Local heating oil supplier
10680 Main Rd., Mattituck NY 11952 Tel 631-298-4197

Essay Oil

Fuel oil supplier and distributor
251 Majors Path, Southampton NY 11968 Tel 631-283-0956

Falkowski-Smith Plumbing & Heating & Fuels

Budget plans for oil supply, complete oil burner service with contracts
49200 Main Rd., Southold NY 11971 Fax 631-765-6694
Tel: 631-765-1489

Flag Oil

Heating oil company providing fuel supply and service of heating equipment
10 Noxon St., Patchogue NY 11772 Tel 631-475-2250
Tel: 631-654-3272

Fort Hill Fuel Oil

Fuel oil and burner service
62 Wyandach Blvd., Commack NY 11725 Tel 631-543-5445

Frank Brothers Fuel

Fuel oil delivery service, high efficiency heating equipment installation and service
7 Belford Ave., Bay Shore NY 11706 Tel 631-665-3300

Franklin Petroleum

Complete line of heating oil supply and fuel tank installations
3362 Long Beach Rd., Oceanside NY 11572 Tel 516-766-0758
Website: franklinfuel.com

Frontier Fuel Oil

Same day delivery, seven days a week
286 Maplewood Rd., Huntington Station NY Tel 631-673-1331

Fuel List

Website to compare fuel prices & services of home heating oil dealers.
Tel 860-796-9716
E-mail: MailCitiDexli@fuellist.com; Website: FuelList.com

G & C Petroleum

G & C Petroleum offers delivery of fuel oil delivery, service contracts & emergency burner services.
2173 Roanoke Avenue, Riverhead NY 11901 Tel 631-369-5388
Fax: 631-369-5312

Gary Fielding's A1A Fuel Oil

1st quality fuel, burner service; expert boiler installations & burner service.
67 Barbara Ln., Medford NY 11763 Tel 631-696-3644
Tel: 631-698-5675; Tel: 631-736-3170
Tel: 866-416-2204; Fax: 631-698-0165
Website: garyfieldingsa1aoilcorp.com

General Utilities

Delivering of oil products and services
100 Fairchild Ave., Plainview NY 11709 Tel 516-624-0700
Website: generalutilities.com

H & L Fuel

549 Larkfield Rd., East Northport NY 11731 Tel 631-266-3698

Hands Fuel Co.

Fuel oil & premium diesel, serving North Fork area
29335 Main Rd., Orient NY 11957 Tel 631-323-3844

Hardy Fuel Oil

Emergency oil delivery and burner service available
480 Pantigo Rd., East Hampton NY 11937 Tel 631-324-0815

Hart Petroleum

Premier home heating oil and service company serving Nassau and Suffolk counties, one oflarge-scale distributors of environmentally friendly BioHeat
323 Skidmore Rd., Deer Park NY 11729 Tel 631-667-3200
Website: hartpetroleum.com

Hawkins-Cove Oil Supply

North Shore heating oil and plumbing services
10 Charles Street, Glen Cove NY 11542 PO Box 351, Tel 516-676-7200

Hendrickson Fuel

Complete heating oil service including automatic delivery and oil burner maintenance
45 Lakeview Ave., Bay Shore NY 11706 Tel 631-665-0023

Hirsch Fuel

Full service fuel oil company serving Central Suffolk area
508 Wheeler Rd., Hauppauge NY 11788 Tel 631-234-6209

J & F Fuel Oil Corporation

Fuel oil at competetive prices with dependable service. No heat/emergency delivery. Same day deliveries. Burner service available.
152 -A Toledo St., Farmingdale NY 11735 24 Hours 631-249-1434
24 Hours: 631-249-1438

Jemco Fuel - Serving Central North Shore LI

Automatic fuel oil delivery, heating and air conditioning, full service contracts, 24 hour emergency service, boiler cleaning, hot air furnaces, pool heaters. COD.
873 Park Ave., Huntington NY 11743 Huntington, Tel 631-549-3835
Fax: 631-271-2884; E-mail: jemcofuel@hotmail.com
Website: jemcofuel.com

JMB Fuel Oil Corporation

Oil supply in Northport and Huntington township
143 Waterside Ave., Northport NY 11768 Tel 631-589-4058

Laco Service & Fuel Oil

Fuel oil supplier in Central Nassau area of Long Island
170 Lincoln Ave., Valley Stream NY 11580 Tel 516-825-1770

Larry's Fuel

Discounted, premium grade No.2 fuel, full service coverage
20 Taylor Ave., Greenlawn NY 11740 Tel 631-757-8543

Lewisy Fuel Oil

Fuel oil, home heating systems, kerosene and propane
549 Larkfield Rd., East Northport NY 11731 Tel 631-368-0769

Long island Fuel Oil Directory

Online fuel oil directory containing the latest contact information for Long Island fuel oil and heating companies
E-mail: contact@longislandfueloil.com; Website: longislandfueloil.com

Long Island Ice & Fuel Co.

Long Island Ice & Fuel offering automatic home delivery for Fuel Oil, ice & kerosene. Burner service is also available.
656 West Main St., Riverhead NY 11901 Tel 631-727-3010

Manor Fuel

Delivery and service for fuel oil, heating, central air conditioning, pool heaters, and more
152 Railroad St., Huntington Station NY 11746 Tel 631-423-0750
E-mail: staff@manorfuel.com; Website: manorfuel.com

Marine Oil Co.

Complete oil supply service offering many budget plans
84 Bayville Ave., Bayville NY 11709 Tel 516-628-2424

Marshall & Sons Fuel Oil

Montauk's hometown oil company and service station providing automatic delivery and service contacts
701 Montauk Hwy., Montauk NY 11954 P.O. Box 5039, Tel 631-668-2990
Tel: 631-668-9169; E-mail: service@MarshallandSons.com
Website: MarshallandSons.com

Mc Coy Fuel

Heating oil company servicing Hamptons of Long Island
2823 Montauk Hwy., Bridgehampton NY 11932 Tel 631-267-3474

McBurnie Fuels

Complete oil service and installation, residential and commercial deliveries
22355 Main Rd., Cutchogue NY 11958 Tel 631-734-6350

Meenan Oil

Providing top-quality heating oil and 24-hour emergency service to all towns on Long Island.
3020 Burns Ave., Wantagh NY 11793 Tel 888-917-3900
Nassau County: 516-783-1000; Suffolk County: 631-467-5600
Website: meenan.com

Mendenhall Fuel

Heating & air conditioning, automatic delivery of fuel oil & kerosene.
575 Montauk Hwy., East Quogue NY 11942 Tel 631-653-5000
Website: mendenhallfuel.com

Morania Oil

One of Long Island's premier heating oil providers, reliable, affordable and convenient for over 60 years.
112 Commercial St., Freeport NY 11520 Tel 516-679-2000
Website: moraniaoil.com

Nordica Fuel Oil

First quality. #2 heating oil in Suffolk. A full service oil company. Serving Nassau and Suffolk Suffolk: 631-467-4777 Nassau: 516-735-FUEL Service Dept.: 631-467-6161
2154 Pond Rd., Ronkonkoma NY 11779 Tel 631-243-1919
Tel: 631-467-4777; Tel: 631-582-6090
Website: nordicafuel.com

North Shore Oil

Home heating fuel oil company servicing central North Shore on Long Island
10 Shore Rd., Glen Cove NY 11542 Tel 516-676-0928

NYPIRG Fuel Buyer Group

Organization with more than 11,000 members and over 20 years' experience which negotiate with full-service companies for heating oil prices
10 Oakwood Rd., Huntington NY 11743 Tel 631-673-5536
Fax: 631-673-5539; Website: nypirg.org

Oil Depot, The

Saving Long Islanders one penny at a time- We offer a Best Price Guarantee to our Nassau & Suffolk customers. "We'll Beat Any Price for Home Heating Oil Guaranteed!!!" 1(877)OIL-4-LESS
445 Broad Hollow Rd., Melville NY 11747 Toll-Free 877-645-4537
E-mail: oildepot@oildepotllc.com; Website: theoildepot.com

Oil Services Incorporation - NY

Provide oil heat products, services and heating equipment, specialize in installing and servicing CAC, gas heating, and all plumbing needs
10 Charles Street, Glen Cove NY 11542 Tel 516-763-1400
Tel: 516-764-2300; E-mail: info@osi-ny.com
Website: osi-ny.com

Old Country Fuel Oil

Heating oil delivery in Huntington area
4 Homeland Dr., Huntington NY 11743 Tel 631-367-3244

Orion Energy

Discount & full service diesel fuel. Serving the greater Huntington area.
147 Gazza Blvd., Farmingdale NY 11735 Tel 631-845-5430

Paragon Oil Co.

Wholesale and retail heating oil deliveries, burner and boiler service and installations. Emergency service and same day oil deliveries to homes and businesses in New York City.
Tel 888-685-7250
Website: www.paragonoilco.com

Parkside Fuel

Automatic delivery, budgets, COD, HEAP. Burner service, contracts available.
1054 Rte 25A, Mount Sinai NY 11766 Tel 631-467-0422
Fax: 631-928-4649; Website: parksidefuel.com

Patterson Energy Group Oil

Serve all of Long Island, East to West, providing quality heating oil delivery in year-round, as well as sales, service and installation of heating and air conditioning equipment
185 Magnolia Ave., Floral Park NY 11001 Tel 516-354-2160
E-mail: info@pattersonenergy.com; Website: pattersonenergy.com

Peconic Energy Corporation

Fuel oil delivery company meeting all residential and commercial needs
1785 Crown Land ln., Cutchogue NY 11935 Fax 631-734-5030
Tel: 631-734-2800; E-mail: info@peconicenergy.com
Website: peconicenergy.com

Perillo Bros Fuel Oil

Complete home heating service.
9 Murray St., Farmingdale NY 11735 Tel 631-249-4141

Petro Oil

Offering heating oil sales, extensive range of price plans and budget, equipment sales and service, air conditioning installations, and natural gas service in central Long Island
-, Tel 800-645-4328
Website: petro.com

Petro Oil - Melville

24/7 local service, monthly payment plan, flexible price protection plans
520 Broadhollow Rd., Melville NY 11747 Tel 516-686-1604
Tel: 877-455-7064

Petro Oil - Plainview

24/7 local service, monthly payment plan, flexible price protection plans.
17 E. Ames Ct., Plainview NY 11803 Tel 516-686-1652
Tel: 877-455-7064

Piccozzi's Fuel Oil & Coal

Fuel dealers and marina services
Bridge St., Shelter Island NY 11965 Tel 631-749-0045
Website: piccozzi.com

Quogue Sinclair Fuel

Provide proffessional residential and commercial services to our customers, quality installation and sales of boilers, oil burners, pool heaters and water heaters.
161 West Montauk Hwy., Hampton Bays NY 11946 Tel 631-728-1066
Website: quogue-sinclair.com

Randazzo Fuel

The lowest prices for the past ten years.
1459 Herzel Blvd., West Babylon NY 11704 Tel 631-587-8267
Fax: 631-661-0840; E-mail: Randazzofuel1@Aol.com
Website: limasonryandfuel.com

RCF Fuel Oil

Full service fuel oil company, automatic contracts service available
274 West Montauk Hwy., Hampton Bays NY 11946 Tel 631-728-2100
Fax: 631-728-2404; E-mail: ralph@rcffuel.com
Website: rcffuel.com

Rocky & Marciano Fuel Oil

Automatic fuel delivery at cod prices, convenient budget plans available
1081 Main St., Holbrook NY 11741 Tel 631-366-5772
Tel: 631-467-6646

Scalzo Utilities

Full service heating company specializing in heating systems installations and fuel oil service contractors
115 West 11th St., Huntington Station NY 11746 Tel 631-423-2900
Tel: 631-427-2922

Schenck Fuels

Fuel oil, propane, burner sales & installations, A/C, refrigeration.
62 Newtown Lane, East Hampton NY 11937 Tel 631-324-0142
E-mail: info@schenckfuels.com; Website: schenckfuels.com

Schiavoni Fuel Oil Heating & Plumbing

Home heating oil delivery and monitoring, plumbing and heating services
89 Clay Pitts Rd., Sag Harbor NY 11963 Tel 631-725-0480
Tel: 631-725-0466; Website: g.f.schiavoni.com

Schlaugies Fuel Oil Service

Automatic metered fuel oil deliveries and burner service
497 Main St., Cold Spring Harbor NY 11724 Tel 631-692-6525

Set Fuel Oil

Heating oil supply and burner service
3 Pardee Ave., Islip NY 11751 Tel 631-277-1834


Serving Nassau and Suffolk. Oil delivery, equipment installation, service and service contracts.
Tel 516-932-7000
Website: slomins.com

Smith Oil

Local heating oil supply and service
85 Meadow Rd. W., Kings Park NY 11754 Tel 631-269-4533

Southville Petroleum Corporation

Home heating oil, premium diesel fuel, boiler & burner installations & repairs
444 Elwood Rd., East Northport NY 11731 Tel 631-368-8081
Fax: 631-266-1704; Website: southvillepetroleum.com


Summithome is a fuel company servicing all of Long Island with in house service department will dispose of old oil tank and install new oil tank home heating systems installed
All Long Island NY Tel 631-421-0949

Sunrise Household Fuel - Closed

35 Mill St., Amityville NY 11701

Swezey Fuel Company

Complete range of oilheat products and services, including enhanced fuel oil, automatic delivery, high efficiency equipment and full installation capabilities
51 Rider Ave., Patchogue NY 11772 PO Box 866, Tel 631-473-5500
Tel: 631-475-0270; Website: swezeyfuel.com

Tiger Fuel Oil

Quality #2 heating oil delivered in Suffolk and Nassau counties, open 7 days a week, 24 hour emergency service.
88 Lake Dr., Copaigue NY 11726 Tel 631-598-3050
Website: tigerfueloil.com

Timms Petroleum Corp.

We deliver top quality heating oil from Conocophillips 7 days a week. C.O.D deliveries are all made promptly and with professional drivers since 1982.
13 Center Ct., Center Moriches NY 11934 Tel 631-874-8467
Fax: 631-874-3931; E-mail: timmspetro@aol.com
Website: timmspetro.com

Tropical Sun Fuel Oil

Complete home comfort company providing automatic oil delivery and service
76 Woodward Pway, Farmingdale NY 11735 Tel 516-249-2215
Fax: 516-249-3824; E-mail: www.tropicalsunfuel.com@aol.com
Website: tropicalsunfuel.com

Valentine Group

Heating and cooling facilities and products
Port Jefferson NY 11777 Tel 631-473-2500
Website: bryant.com

Warex Terminals

Marketing and distribution of energy products, principally heating oil, diesel fuel and gasoline
125 Meadow Rd. W., Kings Park NY 11754 Tel 631-544-4100
E-mail: info@warexterminals.com; Website: warexterminals.com

Warners Oil Heat

Fuel oil, diesel and kerosene - automatic metered delivery, burner & boiler service
1698 Old Country Rd., Riverhead NY 11901 Tel 631-727-2144

WC Esp Fuel Oils

Heating oil sale, service & repairs
2141 Main St., Bridgehampton NY 11932 Tel 631-537-0193

West Mill Fuels

Supplying home heating oil, kerosene and diesel fuel to residential and commerical users.
1480 West Mill Rd., Mattituck NY 11952 Fax 631-298-5187
Tel: 631-298-5146; E-mail: info@westmillfuels.net
Website: westmillfuels.net

West New York Petroleum

1181 New York Ave. (110 so./25A), Huntington Station NY 11746 Tel 631-423-4121

Zadrozny J Fuel Oil

Serving Huntington area, providing quality heating products
342 Oakwood Rd., Huntington Station NY 11746 Tel 631-427-2389
Website: zadroznyfuel.com
Money Saving Energy Tips With home heating bills expected to surge an average of 30% this year conserving energy every day is still the smartest way to manage energy use and costs. Help lower energy costs by following some of the simple conservation advice outlined above. In addition, consumers can also visit the following websites for more information and tips on saving energy and controlling costs this winter:
  • With ENERGYguide, consumers can learn how to lower their energy bills by replacing equipment in their homes or businesses, changing energy use, or selecting a different electric or gas supplier. Consumers will also learn how their choices impact the environment.
  • The U.S. Department of Energy Web site provides a wide range of energy efficiency and conservation tips for homeowners.
  • The New York Public Service Commission Website offers consumers a number of ways to help control winter energy costs.
  • The Alliance to Save Energy, offers consumers information to help save money and increase comfort through energy efficiency.
  • The American Gas Association (AGA) provides consumers with resources to help them lower their monthly heating bills.

Home Heating Advice: As an energy economist many people ask me if they should switch to natural gas now to save money. The answer is an emphatic "NO", because natural gas prices are rising higher and faster than fuel oil prices for comparable BTU’s for heat and hot water. Natural gas supplies are short because the electric power plants now burn natural gas as well as fuel oil to meet the clear air regulations and environmental regulations have prevented the building the required off-loading need for natural gas that could easily be shipped from the Middle East and elsewhere.

I am often asked which direction oil and gasoline prices will go. My general response is that they will probably edge downward on the next two months depending on how cold the winter is. The reason is that people are driving less and the refineries are coming back online, airlines are cutting back on flights and the pipelines from offshore wells are gradually being repaired and are beginning to deliver crude oil to the refineries. We will also see increased shipments of gasoline and refined oil products from some of the Middle Eastern countries and of course as homeowners we are making efforts to reduce demand and as demand goes down, the price goes down.

Buy home heating oil from companies that specialize in buying on the "spot market" or perhaps try to find cheap oil purchased on the futures market many months ago. However, be aware that low-priced oil companies often do not provide service as the major companies do. For peace of mind, it is best to stick with the major heating oil companies that are listed below.
The major heating oil companies in New York City provide not heating oil but also service for oil burners, which is essential for keeping oil burners working at top efficiency. Homeowners often opt for with long term heating oil contract at a fixed price with a supplier. The cost of heating oil in these contracts is probably leverage or "hedged" with heating oil purchased on the futures market. The current price per barrel and the futures price per barrel can be found in the Wall Street Journal or online, look for "fuel oil no. 2". The current rise in heating oil prices has more to do with the lack of refinery capacity especially after Katrina. Heating oil is also used as diesel oil and is a major component of jet fuel.

Michael R. Dohan, PhD.