info@vermontfuel.com
and Training
Propane Certified Employee
Training Program (CETP)
CONTINUING EDUCATION SEMINAR
F.W. Webb
Williston, Vermont December 5, 2008 8 Hours of Vermont Approved Continuing Education for State of Vermont Propane CETP and Natural Gas Renewal
HAZMAT CERTIFICATION COURSE SPRINGFIELD DECEMBER 10
about the safety, security and efficiency of Oilheat.
As oil prices were spiking in July, Southwest Airlines chief executive Gary C. Kelly told a conference that his company was "very well prepared to weather the storm" and "prepared for $4 jet fuel." But it turned out that what Southwest wasn't ready for was $2 jet fuel. Light, sweet crude for December delivery settled at $67.50 a barrel yesterday on the New York Mercantile Exchange. But many airlines, spooked by forecasts by analysts such as
those at Goldman Sachs who were predicting $200-a-barrel crude oil, locked in prices higher than yesterday's for large portions of their fuel needs. Even professional traders have been burned. T. Boone Pickens, whose BP Capital fund lost 33 percent in July and 9 percent in August, lost 21 percent in September. In a recent television interview with Charlie Rose, Pickens said he had lost about $2 billion.
Fear Tough Winter -Wall Street Journal 10.23.08
NEW YORK -- The tight credit market is forcing weak links in the heating oil
supply chain, from wholesale suppliers to homeowners, into the cold. Borrowed cash infuses nearly every step of the supply networks that bring
heating oil from refiners to individual homeowners and businesses. For
wholesale suppliers and door-to-door distributors, loans cover the weeks or
months between when fuel is purchased and when it is sold to the next step on the chain.
____________________
FUEL ASSISTANCE CHANGES
On October 22, heating fuel dealers were asked by the Agency of Human Services to sign an addendum to the existing fuel assistance contract or face decertification.
A fuel assistance discount was proposed and rejected in April after a lengthy study and hearing. Now it is back just before the start of the heating season. Dealers that choose to participate have had little time to prepare for this additional administrative and financial burden. Furthermore, oilheat and propane companies bear the burden alone. The natural gas utility is not required to discount to fuel assistance customers. Electric utilities, wood, pellet and coal providers do not face similar mandates. The Shaws Corporation is not required to discount bread and milk sold to food stamp recipients.
UPDATE
Nearly 2-dozen fuel dealers have generousely donated!
But we still need your help.
Heating fuel companies continue a proud tradition of giving back to the communities where they work and live. The Vermont Fuel Dealers Association's Patch Chit "Split the Ticket" campaign is one of the many ways dealers are helping out. For over 20 years, the program has been used as a statewide safety net to address the emergency fuel needs of low-income Vermonters. Visit vermontfuel.com to learn how you can help.
"We would like to thank you for the donation of fuel for our parents. They are being put through some great trials right now and having heat at home was very helpful. They never asked for help before and it was tough for them. Your program is a wonderful thing, keep on the great work you do during a tough time for fuel companies too! We really appreciate it!”
NEW MEMBERS
All in One, Inc.
Hinesburg, VT 802-482-4900
Offering heating equipment sales, installation and repair
Giancola Construction
Rutland, VT 802-773-6251 giancola.biz
Oil Well™ is a consumer reporting agency specifically designed for the residential and commercial heating fuel industry. Assess your risk and retain your customers! For more information please visit www.oilwellrad.com or call 1-800-341-9137.
VFDA DIRECTORY
The Vermont Fuel Dealers Association is preparing the 2009 Member Directory.
The VFDA Directory is a bound, professionally printed color resource book that will be on the desks of every VFDA member. All member companies will be listed free of charge. You will soon be receiving a product and services survey that will help confirm information for the directory.
We invite you to make your business stand out and to show your support of VFDA by becoming a directory sponsor. We are offering full page, half page, quarter page and business card size sponsorship opportunities. This is a great way to showcase your services to fellow members. Hurry and reserve space now, premium spots will sell out fast! CLICK HERE to learn more.