Open AccessThe Northeast heating fuel market: Assessment and options
Publication year - 2000
Language(s) - English
Resource type - Reports
DOI - 10.2172/769579
Subject(s) - natural gas , petroleum , environmental science , fuel oil , crude oil , business , natural resource economics , supply and demand , distillation , fossil fuel , agricultural economics , waste management , economics , petroleum engineering , engineering , microeconomics , chemistry , organic chemistry
In response to a Presidential request, this study examines how the distillate fuel oil market (and related energy markets) in the Northeast behaved in the winter of 1999-2000, explains the role played by residential, commercial, industrial, and electricity generation sector consumers in distillate fuel oil markets and describes how that role is influenced by the structure of tie energy markets in the Northeast. In addition, this report explores the potential for nonresidential users to move away from distillate fuel oil and how this might impact future prices, and discusses conversion of distillate fuel oil users to other fuels over the next 5 years. Because the President's and Secretary's request focused on converting factories and other large-volume users of mostly high-sulfur distillate fuel oil to other fuels, transportation sector use of low-sulfur distillate fuel oil is not examined here