Q: IS YOUR ORGANIZATION AFFILIATED WITH ANY INTERNATIONAL OIL COMPANIES?
A: As noted in the ABOUT US tab on our home page, OFI is an organization of independent fuel oil dealers in Central New York State. The majority of our membership is comprised of locally owned or regional dealers who are proud to live and work in the communities we serve.
Q:How much does it cost to convert to Oil Heat
The costs vary depending on what heat you use now. Costs for natural gas to oil are less than from pumpkin seeds to oil. You can find a chart on our site at www.heatny.com.
Q: WITH PRICES RISING, WHY IS OIL STILL A GOOD OPTION?
A: Prices will fluctuate based on demand and external factors such as hurricanes that disrupt domestic sources. But oil continues to offer the same advantages it always has. It is safe, clean and highly efficient. For example, if you consider that in most systems your hot water is free as a side benefit of heating your home during the fall, winter and spring the value of oil heat becomes clear.
Q: ARE WE IN DANGER OF RUNNING OUT OF OIL?
A: Our country has ample supplies of fuel in many locations, including the Strategic Petroleum Reserve. Today, there are over 580 million barrels of crude oil held in the Reserve. There will be an increase in the Reserve's level to 700 million barrels, as authorized by President Bush. At 1 million barrels per day, the Reserve can supply oil continuously for nearly a year and a half!
-Source NORA-
Q: WHERE DOES MOST OF OUR OIL COME FROM?
A: You might be surprised! The following information appears on the NORA website www.oilheatamerica.com:
Three of the top four oil-importing countries are in the Western HemisphereVenezuela, Mexico and Canada (our largest provider). Overall, by 2005, 76% of our imports are projected to come from outside the Persian Gulf's OPEC nations. And 85% of the heating oil we use is refined in the U.S. Today, the Organization of Petroleum Exporting Countries (OPEC) is responsible for much of the world's oil supplies. According to U.S. Secretary of Energy, OPEC understands that there must continue to be a "strong and growing economy worldwide." However, one must keep in mind that our oil imports do not depend solely on OPEC. Three of the top four oil-importing countries are in the Western HemisphereVenezuela, Mexico and Canada (our largest provider). Overall, by 2005, 76% of our imports are projected to come from outside the Persian Gulf's OPEC nations. And 85% of the heating oil we use is refined in the U.S.
