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US To Release Heating Oil Reserve In Northeast To Lower Prices

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US To Release Heating Oil Reserve In Northeast To Lower Prices

US To Release Heating Oil Reserve In Northeast To Lower Prices Authored by Jack Phillips via The Epoch Times, The U.S. Department of Energy has announced it will offer a heating oil exchange in a bid to lower costs ahead of the winter as the war in Iran continues. In a statement released on Wednesday, the department announced a proposal request for an exchange of up to 315,000 barrels of ultra-low sulfur distillate, a refined oil product used for home heating. Ultra-low sulfur distillate uses the same specification as most types of diesel, which has experienced high prices in

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