If you think the rising cost of gasoline has been difficult to deal with, just wait until you have to start buying home heating oil.
As this graph illustrates, 30-day futures for home heating oil are now trading at nearly twice the price of just a year ago. It’s approaching $4 US/gallon, and that’s before distribution costs and dealer profit.
Unless prices collapse in the next couple of months— and I see no reason why they will— this will be a real crisis come winter.
This article appears in Jun 12-18, 2008.
50%-60% of Atlantic Canadians heat with oil heat.Search: Hallowell Cold Climate Heat Pumphttp://wiki.answers.com/Q/What_is_a_Hallowell_heat_pumpHallowell’s Acadia has a patented Opti-Cycle Technology.We need a faster to Canadian market Cold Climate Heat Pump now.