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OIL FACTS - Of the 107 million U.S. households, 8.1 million use heating oil for their primary heating fuel (Source: Energy Information Administration (EIA) - 2002)- Of those 8.1 million U.S. households, 6.3 million (78%) are located in the Northeast (Source: EIA - 2002) - In 2001, 5.4 billion gallons of heating oil (82% of total residential heating oil) were sold to residential customers in the Northeast (Source: EIA - 2002) - The cost of a gallon of heating oil is determined from the cost of retrieving the crude oil (51%), plus the cost of the refining process (9%), and the cost of marketing and distribution (40%) (Source: EIA - 2002) - Factors that usually determine how much the price of heating oil fluctuates -
- Steps you can take to lower your heating oil bill -
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