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“The U.S. is likely to overtake Russia to become the world’s largest oil producer by 2023, accounting for most of the global growth in petroleum supplies, a top industry monitor said Monday,” according to a story from the Wall Street Journal. “’U.S. crude production is expected to reach a record of 12.1 million barrels a […]

Governor Cuomo approved Senate Bill #5422-A last Wednesday, requiring that all heating oil sold in Nassau, Suffolk and Westchester counties on or after July 1, 2018 contain “at least five percent renewable biofuels.” Just last year, New York City, with the support of the local Oilheat industry, passed legislation implementing a five percent biodiesel-blending requirement […]