High Heating Oil Prices Explained
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There is a chill in the air, and while many are starting to think about heating their homes and properties this winter, some are feeling a bit apprehensive in light of the heating oil prices they’re seeing. Unfortunately, these prices and this volatility isn’t anything new. In fact, we’ve been monitoring the volatility we’ve experienced […]
We Stand Ready to Deliver
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At Energo, our experienced team of in-house energy experts continue to monitor the extreme price volatility in the energy markets. As mentioned this past summer, there are a number of factors creating this uncertainty. We recognize the effect this uncertainty has on our customers and their businesses. Therefore, as you prepare for the upcoming heating season, it’s […]
Are You Prepared for the Winter Heating Season?
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At Energo, we want you to be prepared for the winter heating season before temperatures begin to drop. Preparing in advance can protect your budget and provide peace of mind. Here are a few helpful steps you can take this fall to ensure you’re prepared for the winter. Fixed and Market Based Pricing With the ongoing uncertainties of energy […]
Why Are Fuel Prices Still Rising?
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Back in May, we wrote about the record low diesel inventories and record high prices due to a reduced number of refineries, backwardation, and an increase in worldwide demand for fuel. And here we are one month later. Has anything changed? In mid-May, the price of a regular gallon of gasoline was averaging $4.33 across […]
East Coast Sees Record Low Inventories and Record High Prices
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If you’ve driven by a gas station recently, you’ve definitely seen very high prices. The price for a gallon of regular gasoline is averaging $4.33 across the United States, but diesel is averaging over $1 more, at $5.62 per gallon, up nearly 60% since January. In fact, on the East Coast, it isn’t unusual to […]
Time for an Annual Cleaning!
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It is time to get your boiler and burner checked by a professional! At Energo, our qualified professionals do just that. For New York City customers, Energo provides a full slate of mechanical services, including boiler and burner tune-ups, installations, and more. If possible, your boiler should be inspected in the spring instead of the […]
Addressing the Volatile Energy Markets
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Petroleum Markets are Unprecedentedly Volatile Oil prices are undergoing unprecedented levels of volatility in light of the Russia – Ukraine war. Diesel, for example, rose 70 cents over the past week, with a 35-cent increase on Wednesday – marking Wednesday as the largest single day increase in diesel history (the previous record of 29 […]