As you all know the price of heating oil just took another spike. What happens when people can't fill the oil tanks this winter and they no longer have heat. Here in Alaska that is a real problem. When the heat goes out the house freezes up. That house is then lost till spring. The trap at each plumbing fixture will freeze and burst, including toilets. All the water pipes will freeze and burst. All the heat pipes will do the same. That house will be uninhabitable till spring thaw, and all the plumbing can be replaced.
Last year the fuel oil supply companies said that there had many customers that had oil delivered. Those customers then made two of three payments, then called for more oil, they had already ran out. The oil company made the delivery, now the customer had four payments to make. Three new ones and the remaining balance from the previous delivery. In April the temp is usually warm enough no one calls for oil till fall. But those people that were behind, did not get caught up till September in most cases. The oil companies said they will be unable to make deliveries this winter if the customer is behind on payments. With the sudden spikes in fuel oil prices I for-see that many people will be caught in that situation this winter. I feel that there will be several families this winter that will have to abandon their homes due to freeze-up.
Then there is the rural villages, last year several did not have the money for required fuel oil for their power and heating plants. What are those folks going to do this winter when the temp gets down in the low negative numbers?
Mean time the oil companies (ie British Petroleum, Exxon Mobil, and Conaco Philips.)are reaping record profits.
Last year the fuel oil supply companies said that there had many customers that had oil delivered. Those customers then made two of three payments, then called for more oil, they had already ran out. The oil company made the delivery, now the customer had four payments to make. Three new ones and the remaining balance from the previous delivery. In April the temp is usually warm enough no one calls for oil till fall. But those people that were behind, did not get caught up till September in most cases. The oil companies said they will be unable to make deliveries this winter if the customer is behind on payments. With the sudden spikes in fuel oil prices I for-see that many people will be caught in that situation this winter. I feel that there will be several families this winter that will have to abandon their homes due to freeze-up.
Then there is the rural villages, last year several did not have the money for required fuel oil for their power and heating plants. What are those folks going to do this winter when the temp gets down in the low negative numbers?
Mean time the oil companies (ie British Petroleum, Exxon Mobil, and Conaco Philips.)are reaping record profits.