New England, which relies more heavily on heating oil than any other region in the United States, has benefited from the huge drop in petroleum prices this year. Those who depend on heating oil and propane to warm their homes - as many New England residents do - enjoyed significant savings throughout this long and harsh winter.
The Energy Information Administration recently estimated that the typical American household saved $750 this winter due to lower fuel prices.
Crude oil production is at its highest levels in more than 30 years, and the U.S. is moving toward energy independence by combining increased production, renewable and alternative fuel sources, and more efficient equipment. Analysts at JPMorgan Chase & Co. seem to concur, and are looking toward the future of oil prices. They have slashed their forecasts for oil prices in 2015 and 2016.
While no one can predict the future, we know the oil market is traditionally a volatile one. One thing is certain: prices will continue to fluctuate, but Gault Energy will continue to do everything we can to help you save money on the fuel you use all year long. From price protection programs and various payment options to upgrading to high efficiency equipment, you can rely on Gault Energy to be your trusted partner 365 days a year.
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