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Heating oil is any petroleum product or other oil used for heating; it is a fuel oil. Most commonly, it refers to low viscosity grades of fuel oil used for furnaces or boilers use for home heating and in other buildings. Home heating oil is often abbreviated as HHO. [1]
Fuel oils include heavy fuel oil (bunker fuel), marine fuel oil (MFO), furnace oil (FO), gas oil (gasoil), heating oils (such as home heating oil), diesel fuel, and others. The term fuel oil generally includes any liquid fuel that is burned in a furnace or boiler to generate heat ( heating oils ), or used in an engine to generate power (as ...
On Oct. 5, the Organization of the Petroleum Exporting Countries (OPEC) and its oil-producing allies that comprise OPEC+ announced they would be cutting oil production by two million barrels a day...
In addition, US refineries have increasingly exported petroleum products to the EU. In 2008, US exports of gas oil (home heating fuel) surged to a 31% market share in the EU, up from 5% the previous year; in 2011, US imports held a 37% market share of gasoil in the EU. [21]
On July 10, 2000, President of the United States Bill Clinton directed Energy Secretary Bill Richardson to establish a 2,000,000-US-barrel (63,000,000 US gal; 240,000,000 L) home heating oil component of the Strategic Petroleum Reserve in the Northeast. The intent was to create a buffer large enough to allow commercial companies to compensate ...
“Getting residential heating fuel like propane and heating oil moving now to those who need it will help Wisconsinites remain safe as we continue to face cool and freezing temperatures in the ...
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