Survey on prices, volumes, and inventory data for residential and rack No. 2 heating oil, October 1, 1982-May 31, 1983

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

OSTI ID:6269231

The State of Rhode Island implemented a program to provide monitoring of monthly price movements for residential and rack No. 2 heating oil prices and inventories. The residential and rack price was collected from a list of sampled companies provided by the Federal Department of Energy. Also supplied were estimation formulas as needed in implementing the program. Surveys were conducted by the State Fuel Allocation Office as of the first day of each month during the period October 1, 1982 through May 31, 1983. Inventories available as of the end of the previous month were also collected for tabulation. Dealer margins on October 1, 1982 averaged $0.2102 per gallon. On May 1, 1983, the average margin was $0.2267 per gallon. Combined averages for residential and rack prices are posted on Attachment 4. It is obvious that the residential price trend rises and falls in proportion to changes in the rack price as fluctuations in the market are reflected in the consumer price. Many facets of price and supply are necessary to provide guidance to the Governor and legislative leaders of the state. Continuous monitoring of conditions is a requirement and will be maintained as long as possible. Data procured from subject survey will and it has in the past, prove of extreme value when added to existing data for comparison purposes. Recommendation is made to continue survey process in future years to further enhance data required for decision making.

• Research Organization: Rhode Island State Fuel Allocation Office, Providence (USA)
• DOE Contract Number: FG01-82EI19620
• OSTI ID: 6269231
• Report Number(s): DOE/EI/19620-T1; ON: DE83012197
• 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
294002* -- Energy Planning & Policy-- Petroleum
FEDERAL REGION I
FUEL OILS
FUELS
HEATING OILS
INDUSTRIAL PLANTS
INVENTORIES
LIQUID FUELS
MARKETERS
NORTH AMERICA
OILS
ORGANIC COMPOUNDS
OTHER ORGANIC COMPOUNDS
PETROLEUM PRODUCTS
PETROLEUM REFINERIES
PRICES
RESELLERS
RESIDENTIAL SECTOR
RHODE ISLAND
SEASONAL VARIATIONS
SURVEYS
USA
VARIATIONS