With domestic oil production reaching its highest point in 43 years, most experts expect oil prices to stay lower for the foreseeable future. (Last winter, heating oil prices were the lowest they’d been in six years!)
But the good news about oil heat goes beyond lower prices and abundant supply. Heating oil is getting greener, cleaner and more efficient in dramatic ways.
Meanwhile, there are big concerns that natural gas pipelines might not be able to distribute enough fuel when temperatures enter the frigid zone. Last winter, there were reports of low gas pressure, leading to a loss of heat for some folks. Additionally, a new study reported by The New York Times revealed that leaks from methane— a greenhouse gas that is the main component of natural gas—were far greater than the EPA had estimated.*
These emerging trends create the need for strong evaluation when considering a switch from your current heating source to natural gas, which could be an expensive decision depending on your situation.
With propane prices also having a positive outlook, you have another option when considering a new heating source. If you already use propane in your home—for cooking, a fireplace, a generator, etc.—talk with us about the benefits of switching to a propane heating system.
Whatever you decide, you can count on us to make sure your home stays warm and comfortable—no matter how cold it gets this winter or what type of heating system you choose.
*The New York Times, 8/18/15.