Heating Oil Facts
Q: Is heating oil combustible?
Heating oil is not explosive.
Q: How large is the supply of US oil?
The US has a large supply of oil. In fact, the United States has a Strategic Petroleum Reserve with 720 million barrels of oil -- the largest emergency oil stockpile in the world-- in addition to a two-million-barrel heating oil reserve. There are over 50 oil-producing countries in the world, and the U.S. is not dependent on any one country or region for its supply.~Oil Heat America
Q: Do we use less oil today?
Thanks to conservation measures and the increased efficiency of Oil heat equipment, heating oil consumers today use 6 billion fewer gallons of oil a year than they did in the 1970s.~Oil Heat America
Q: Just how cold is New Hampshire?
New Hampshire is in the top ten coldest states in the country. In Durham, NH the average low in January is 13° according to intellicast.com; the temp is lower than most other states indicating a longer winter season, which also means more costly home heating bills.
Q: Why are newer homes more energy efficient?
Homes built after 1975 will likely be well insulated and have decent windows. When was your home built?
Seacoast Oil Coop
Q: What is a non-profit organization?
In a for profit company taxable wealth is distributed to its shareholders and employees. Seacoast Oil is a nonprofit organization. We do not seek wealth, we exist to provide service to benefit the community of the New Hampshire seacoast.
Q: How does Seacoast Oil Coop plan to save me money?
The dedicated staff of seacoast oil plans to negotiate with oil distributors. We intend on acting as the middleman between distributors and our members by negotiating bulk order contracts. By purchasing your oil directly through a distributor, you possible could be paying too much for oil since we have negotiated buying power. Let us take your individual oil demands along with the demands of others in our community. We will bring them to local oil distributors and work to offer a fair and reasonable price for your winter oil needs.
Q: What about insurance?
Insurance is not necessary in order to cooperate with Seacoast Oil.
Q: What about propane?
Propane will not be offered in the first year but we are planning on adding it soon after the first year.