Written on: February 5, 2015
There has been a revolution going on in energy production that has created a huge surge in oil and propane produced in the United States. Weak global demand and a strong dollar are other big factors that have made oil prices plunge to their lowest level in six years.
We’re finally starting to see the impact at the gas pump, and it is filtering into the wholesale cost of heating oil and propane as well. That’s good news for all of us.
Please keep in mind that no matter what price protection plan you chose this year, you are paying less for oil than you did last winter. And when the time comes to choose a plan for next year, we’ll do our best to explain the trade-offs so you can make as informed a decision as possible.
In the meantime, whether we get battered by another cold Pennsylvania winter or prices start edging up again, we’ll take care of it, fulfilling our commitment to giving you real peace of mind.
Terry, Chris and Scott Walton