Residential heating oil price monitoring projects, Minnesota: Winter 1982-83. Final report

Technical Report · Sun May 01 04:00:00 EDT 1983

OSTI ID:5736580

Krastins, A; Krastins, I

As it has done during previous heating seasons, the Energy Division of the Department of Energy, Planning and Development (DEPD), monitored No. 2 fuel oil prices for the 1982-83 heating season. The DEPD collected monthly No. 2 heating oil retail and rack prices from a sample of distributors to determine state average prices for the 1982-83 heating season. Inventory levels were also monitored during this period. Survey results were then sent to the EIA within the first week of each month. DEPD drew its own retail dealer samples from a current list of petroleum distributors to obtain sufficient respondents for each of the market stratum specified by DOE. Economic recession, price-induced conservation, and fewer heating degree days than normal, lead to lower, yet adequate primary inventory levels and supplies of No. 2 fuel oil to residential customers. Retail prices decreased 16%, rack prices 24% from October to April due to lower crude oil prices and reduced end-user demands. Monthly survey results were used to update historic prices, to allocate federal fuel assistance grants, and were shared with other state departments, the state legislature and Office of the Governor, petroleum suppliers, the New York Energy Office, the media and the general public. The monthly surveys were important sources of timely information at the local level and a vehicle for maintaining contacts with suppliers in the state.

• Research Organization: Minnesota Dept. of Energy, Planning and Development, St. Paul (USA)
• DOE Contract Number: FG01-82EI19617
• OSTI ID: 5736580
• Report Number(s): DOE/EI/19617-T1; ON: DE84000180
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
DATA
DATA COMPILATION
FEDERAL REGION V
FUEL OILS
FUELS
HEATING OILS
INFORMATION
INVENTORIES
LIQUID FUELS
MARKETERS
MINNESOTA
MONITORING
NORTH AMERICA
NUMERICAL DATA
OILS
ORGANIC COMPOUNDS
OTHER ORGANIC COMPOUNDS
PETROLEUM PRODUCTS
PRICES
RESELLERS
RESIDENTIAL SECTOR
SURVEYS
USA