heating oil

With less than one week until winter is officially over, Americans are celebrating the end of the season with an extra "spring" in their steps. What's got them feeling so happy? Two words: fatter wallets, thanks to warmer temperatures and lower heating costs.

Winter in the Northeast was particularly brutal this year, but not enough to account for the likely record prices. Blame crude oil's recent price jump for that. But the chills could become even worse if Obama's proposed cut in low-income energy subsidies passes.

It may be the happiest season of the year, but higher crude oil prices that have translated into higher gasoline prices have many motorists frowning. The weak U.S. dollar and expectations of a more robust economic recovery in the coming year have helped push oil to over $90 a barrel.

Oil prices gained Monday morning as expectations of cold weather in the U.S. and Europe raised demand. U.S. crude for January delivery rose 15 cents to $88.20 a barrel at 7:48 GMT, Reuters reported. ICE Brent for February rose 13 cents to $91.80. "Prices are going back up because of the really...

Oil rose to the highest price in more than two years as cold weather in the U.S. and Europe stoked demand. U.S crude prices for January rose as high as $90.46 a barrel, the highest since Oct. 2008, Reuters reported. Temperatures in northwest Europe are expected to stay below seasonal norms for...

A Connecticut heating oil company has agreed to reimburse consumers up to $100,000 after the state's department of consumer protection accused it of engaging in unfair billing practices during the 2008-2009 billing season. Based on more than 40 consumer complaints, Phoenix Oil, LLC of Stonington,...

Last week, facing pressure from falling petroleum prices, Venezuelan President Hugo Chavez suspended the Citgo-Venezuela Heating Oil Program. Now entering its fourth year, the program provides low-cost heating oil to over 200,000 impoverished households in 23 states. Not coincidentally, it also...

Amidst the doom and gloom of the economy, there comes, occasionally, a glimmer of hope in the way of a bargain about to happen. According to the latest info from the Department of Energy (DOE), that bargain will come in the cost of heating your home this winter. In a report released this week,...

If you're looking to make some money-saving changes around the house, you know that kicking your thermostat up or down a few degrees is a small change that can save big bucks -- and that's just your personal electric bill. Think about the savings when we adopt the same practices in our larger...