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EU policy changes to hit Biodiesel production

biofuels

Connie Hedegaard, the EU Climate Commissioner, has dealt a blow to the European biodiesel industry by introducing policy changes that will limit the production of food-based biofuels to 5%.

The EU has a target of delivering 10% of its transport fuels in a renewable form and while biofuel was regarded as the ideal solution, question were raised about the levels of carbon emissions its production created. Fears of escalating food prices were also raised by green campaigners and these appear to have struck a chord with Hedegaard.

Talking to the Guardian, Hedegaard said: “We cannot morally afford to build a very big industry on something that is not good for the environment or for food prices. One of the biggest challenges of the 21st century is ensuring affordable food prices.”

The biofuel cap will be regarded as a serious setback for the €10b industry, with companies claiming thousands of jobs will be lost.

Derived from vegetable oil or animal fat, biodiesel is regarded as an important fuel in the industry because it’s renewable and creates fewer emissions than standard diesel. However this announcement is likely to cause a rise in biodiesel prices throughout Europe including the UK.

Therefore comparing biodiesel suppliers to find the cheapest price is going to become a more established practice. Using a website like Findafuelsupplier.co.uk to source the cheapest price of biodiesel and other fuels is therefore recommended in order to save money.

 

Oil Price Falls to Less Than $92

Amid a bleak economic backdrop, the decrease in the price of oil to under $92 a barrel today can be attributed to the slowdown of global growth and the fall in demand for crude oil.  In Europe, the price of benchmark crude was $91.61 a barrel on the New York Mercantile Exchange.  Brent Crude was priced at $110.02 on the IntercontinentalExchange Futures in London. When the global economy slumps, the demand for fuel also falls which leads to the price of oil decreasing. However, if the cost of energy falls, it can help to stimulate economic growth in the long term.

Furthermore, as crude oil is traded internationally, a strong US dollar can make the commodity an expensive and unattractive investment for those using foreign currencies. In addition to this, the Euro was $1.2920 on Monday, which is lower than $1.2974 from the previous Friday.

To add to the pressures of weakening global growth, the US Labor Department announced that the rate of unemployment, an indicator of economic growth, actually increased in over half of the states of America during the past month. This highlights the fact that hiring across the biggest economy in the world continues to be a problem.  Moreover, the World Trade Organisation has slashed estimates on their predictions for trade growth in the global economy for 2012 and 2013 which will result in a fall in demand for fuel such as crude oil. As a result, the price falls to reflect market conditions to generate demand.

If you are looking to find the most up-to-date independent prices of fuel oils in the UK then Find a Fuel Supplier can help fuel suppliers display the latest heating oil prices and kerosene prices to the consumer market.

Red Diesel Price Per Litre

With ever changing red diesel prices it maybe that you are paying more for your red diesel at price per litre than you may be aware of. Alternatively you may be using regular diesel over red diesel which works out a lot more costly as regular diesel is subject to taxation. If you are in sectors such as manufacturing, industrial and agricultural you are allowed to use red diesel fuel in comparison to road vehicles which have to use regular diesel which has to be taxed. The significant different between the two fuels and the reason for taxation is the government whom levies tax to pay for road builds and repairs and bridge construction and repairs. Therefore, you need to understand whether you are using the right type of fuel in your industry and if so what is the rock bottom price per litre of red diesel.

How Much Is Red Diesel

The average price of red diesel across 2012 has been 47.5p per litre. Typically a standard sized bulldozer and tractor used constantly over an hour’s period using fuel at a rate of 39 litres per hour would cost around £18 GBP. Calculating the usage over an 8 hour day this equates to £144 GBP. So taking this into account either if you are using the wrong fuel or you are paying more than you should be at pence per litre of red diesel then you should speak to your local fuel supplier as your business or family is been over charged.

If you are looking for the best red diesel prices on the internet the Find a Fuel Supplier is a fuel price comparison site and lists up-to-date prices of all the red diesel suppliers in the UK. Alternatively we supply other types of fuel prices such as heating oil prices and kerosene prices therefore don’t miss out and use our independent website today!

Author: David Khan

Why Heating Oil is Perfect For Keeping Your Home Warm This Winter

Heating oil is the perfect choice when it comes to keeping your home warm in the colder months, such as  December, when Winter has arsisen up on us. Many families and individuals argue that heating oil is the perfect choice of fuel source as it provides a nice constant steady source of heat that can be easily regulated. Heating oil also provides many other advantages in comparison to other fuel products. The system in which the heating oil is contained can be easily maintained, also if there is a electricity or gas cut in your particular are and you rely on this fuel source to heat your home then the home heating will be cut off. Having an independent supply of fuel such as heating oil stored locally, if there is a cut off in the system you won’t be impacted. For those individuals that purchase heating oil in bulk in the summer months or have a fuel management relationship with a supplier then that can also save them a lot of money.

As well as all the advantages that heating oil provides there are some disadvantages and precautions that need to be taken in to account. As you are in control of the amount of heating oil in your tank it is vital that you don’t let the heating oil levels drop too low. If you are in the situation when you haven’t topped up and your system has run out you may need to call out a emergency fuel supplier which can prove more costly than your normal standard fuel delivery. To avoid this happening a fuel supplier can arrange a management plan whereby on a scheduled period they come around to your property and top up your fuel tank.

It is common for families and individuals to leaving the heating oil burning away in the tank all day in preparation for their return home from work, school or visit. Whilst this seems perfectly normal it’s not very cost effective when the heating is left on for hours on end with no one around. The best way around this is to have either a timer or thermostat fitted so when the temperature drops the heating comes on or you schedule the timer 30 minutes or so just before someone enters the property the heating is triggered. The outcome of all this is the amount of heating oil that is burned throughout the day will be less and the amount of money the home will be saving will be much greater whilst you are still achieving the same heat throughout the house.

Often people in their home have the temperature way above what is recommended as they are trying to heat all the rooms in the house to the same temperature at the same time. Overheating your home can often make people feel washed out, it is also the perfect breeding ground for germs to spread. Lowering the temperature by a few degrees can help save money as well as reduce the breeding ground for germs.

If you are looking for the latest, heating oil prices, kerosene prices or any type of of fuel then Find a Fuel Supplier is is a price comparison website listing real-time fuel prices.

Author: David Khan

Safety with Heating Oil

Heating oil is one of the most popular forms of heating for domestic homes. In Northern Ireland it is the most commonly used fuel and it is also used sporadically around England, Scotland and Wales.

Heating oil is mainly used in boilers and furnaces in households and in the United Kingdom is mixed with red dye which has earned the substance the name “Red Diesel”.

Heating and Diesel fuel are very common in nature and are often referred to as distillates due to their similar boiling points and weights; they are classed as an environmental concern due to being hazardous material. Strict regulations have to be adhered to, to ensure they are transported safely and avoid leaking in transit.

Often when thinking of heating oil it can be common to be reminded of misconceptions of the safety of this substance. Heating oil is in fact one of the cleanest and safest oils for domestic use. Heating oil does not burn in a liquid state and therefore is not easily set on fire as is possible with other substances such as gas. Heating oil only has dangers associated with it when there is a leak. This is common with most substances we use to heat the home.

Fumes are not usually dangerous if you can smell them, however they do usually mean that the system you are using requires maintenance and therefore it is worthwhile to be aware of any changes in the smell of fumes. Fumes that are dangerous in regards to heating oils are the ones we cannot smell. Carbon monoxide is the most dangerous of these fumes and is a by-product of combustion whenever a fuel is burned.  The dangers of carbon monoxide are greatly reduced in a home that uses heating oil rather than gas, however, the risk is still present and therefore a carbon monoxide detector is a cheap and efficient device that should be present in every home.

The chance of a fire from using heating oil is extremely remote with the substance being liquid. The oil would have to reach a temperature of over 140 degrees before turning into a vapour which would then be flammable. This makes it safe to use in the home as the chances of fire related accidents are minimised.

Finding leaks in your boiler system can sometimes be difficult and therefore regular checks each couple of years are necessary to ensure proper maintenance. The most common sign of a leak is usually a large spike in consumption. Often a large bill will alert the homeowner of the problem and in getting the system checked a leak will be discovered. Other possible signs of a leak could be a change in the running of your furnace or boiler, an odour around the tank or perhaps sheen on the tank when touched which could relate to a leak. Often a leak is minor and therefore not very visible and so it is worthwhile checking for any of these signs no matter how small and seeking proper maintenance for the boiler. If a boiler system is located outside then changes in the vegetation surrounding the tank, the vents on the tank and rust should be monitored especially in tanks over 15 years old.

Find a Supplier is a price comparison website listing real-time fuel prices such as kerosene prices for consumers. We are 100% independent of ALL fuel retailers and oil companies and take no commission on any sale made.

Author: David Khan

Current Prices of Heating Oil and the Best Time to Buy?

Over the years many home and business owners around the UK are frequently asking the same two  questions to their local fuel supplier; what are the current prices of heating oil as it stands and when is the best time in the year to buy?

From a suppliers viewpoint there are several answers to this question which can vary between days, months and seasons. Many other external factors can affect or influence the price of oil in between these periods and can cause massive variations in price both locally and nationally. This article will cover the top level factors which can affect the supply and demand of oil which influences the price the consumer pays to heat their business or home throughout the UK.

As mentioned the time of year is a huge factor in fluctuating oil prices. Generally in the winter months the price of oil is at its highest as there is a increased demand across Europe, in comparison to the summer months when there is less demand, which is reflected in the price.

The weather is also another significant factor in fluctuating oil prices. Typically a house hold will require heat for longer periods throughout the day and night when there is a sudden drop in temperature or severe weather conditions prevail.  As a result the price of heating oil will increase as there is a high demand for the product and the amount of heating oil fuel required will be much more substantial. Also the logistics for heating oil suppliers can be significantly impacted as the extreme weather can increase the costs of distribution.

The supply of heating oil on a global scale can hugely impact the amount the consumer pays. When there is  an overall shortage or decreased production of heating oil depleting the reserves and the demands continue to increase, the price of heating oil throughout the UK will continue to increase.

The supply and demand can vary both on a national level as well as a local level. National heating oil prices as discussed, if factors such as weather influence can cause the prices to elevate. On a local level it works slightly different, typically the price often varies between local suppliers and the vicinity of each other, for example a number of local fuel suppliers concentrated in an area can greatly affect heating oil prices. Also, locally some companies buy and store huge quantities of stock, therefore they have the luxury of providing you with competitive fuel prices and they have the option to sign you up to a fuel management plan avoiding any fluctuation in heating oil prices.

Haulage costs also determines the price that you as a business or home owner pay for your heating oil. Any fuel oil distributor that is positioned in close proximity to fuel refineries or fuel storage facilities should be able to offer low costs. It’s common to see that rural areas pay more for their heating oil in comparison to towns and cities as fuel oil suppliers are often going out of their way to deliver.

The amount of heating oil a business or residential premises orders is a huge factor that influences the price/ pence per litre you will pay. The more fuel that you require to be delivered the less the price you will pay on your delivery.

To support heating oil users across the UK, finding the best prices is often difficult, therefore it is recommended to use heating oil comparison sites such as Find A Fuel Supplier, MoneySuperMarket and Confused who independently compare heating oil prices both locally and nationally across a range of suppliers.

Hopefully this article will help you compile an average price trend of heating oil and hopefully will assist you in determining the right time to buy your fuel from your local or national supplier at the best prices available.

Find a Fuel Supplier compares the latest heating oil prices, kerosene prices across the UK enabling UK buyers to purchase heating oil, and the best way for suppliers to reach out and sell heating oil to customers.

Author: David Khan

The Availability of Kerosene and Alternatives For Boilers

For those of us with oil fired boilers or furnaces, the availability of kerosene, also known as paraffin, becomes a prominent issue with the approach of winter. It makes sense at this time of year to follow up with kerosene suppliers to determine current kerosene prices, supply and delivery schedules.

 Kerosene Availability

The good news is that there are currently a plethora of suppliers available to choose from when looking for a new vendor or comparison shopping. However, there are some important caveats to keep in mind when looking for kerosene suppliers.

We will start by looking for good kerosene prices to qualify as a viable supplier. Keep in mind that pricing changes constantly due to crude oil price changes, as well as other factors. Sometimes, it makes more sense to see if a guaranteed pricing program for the entire season is offered. This would help avoid significant fluctuations in price and aid in budgeting for heating costs.

Next, we want to have great service, which means on time delivery and having delivery available on an emergency basis, should the need arise. If convenience is important, ask suppliers if they have regularly scheduled top-off programs that can be set up to avoid running out of oil or having to track it.

Ask if the supplier provides boiler maintenance and if so, is a service contract available to avoid breakdowns. A poorly operating boiler can cost over 10% more in fuel and over time, it will become a fire hazard.

 Alternatives to Kerosene

While supplies appear to be sufficient at this time, kerosene fuel can run short for a varieties of reasons. Just a few of the many potential interruptions to supply are further impacts from the Gulf of Mexico oil drilling suspension, escalating of political conflicts in the middle east and domestic fuel oil driver strikes.

One alternative would be red diesel fuel, but it is subject to many of the same issues. Although, many people think they are the same thing, and they are very close, typically there is a difference in the amount of sulfur allowed to be in the fuel. Most boilers have no difficulty burning either fuel without having to modify the boiler.

With so many questions about the supply of kerosene fuel, it is always a good idea to be proactive and start setting up a kerosene supplier now, for the coming season.

 Kerosene Management Plan

Setting up a fuel management plan this summer can also help you or your company save huge amounts of money. You and your supplier will agree on terms for a fixed price on fuel over along period. This will allow your fuel supplier to buy the fuel in bulk quantities from a terminal at a cheaper price.

Without setting up a fuel management plan you can be subject to erratic changes in fuel prices as the price of oil constantly fluctuates. There are many fuel oil suppliers around the UK who offer these kinds of management plans discussed. Therefore dont miss out and get yourself signed up today.

Author: David Khan

Why Do Home Heating Oil Prices Rise & Fall So Often?

Home heating oil prices never stay in one place long and it can be quite frustrating. It seems that just when we need it most, the cost of home heating goes up. Is that a coincidence or some evil plot? Actually, it is neither, and while the reality may not be any more comforting, knowledge is power, and knowing the facts may help in planning purchases.

What Affects the Price?

There are many factors impacting heating oil prices and these factors are constantly in flux. Among the most noticeable are: seasonality, competition, underlying cost of crude oil, exchange rates and cost.

Seasonality

If there were as many people in the southern hemisphere in comparable latitudes, the pricing would probably not be affected by seasonality. It is this population imbalance that creates so much need for heating oil in most of the civilized world as demand is growing in the UK.

Competition

The more competition, the merrier, from the customer’s point of view. Competition or the lack thereof, will affect pricing and it is a good idea to encourage a competitive spirit in suppliers when shopping for the next delivery. The larger the population base in a particular area, the more likely there will be aggressive price competition from the heating oil suppliers.

Underlying Cost of Crude Oil

The end user price is affected by the spot price of crude oil, which in turn, is impacted by numerous global factors. Growing demand in newly industrialized countries such as China and India are creating more demand. Additionally, concerns with safe access to supply in the Middle East or actions by the political body, Organization of Petroleum Exporting Countries (OPEC) both play a role in pricing. Finally, speculators in crude oil make buy/sell decisions affecting price based on the uncertainties they foresee in the world situation, whether these uncertainties are realized or not.

Exchange Rates

The crude oil market operates in dollars as opposed to pounds. As a result, it is necessary for heating oil suppliers to consider the fluctuations in exchange rates.

Cost

Similar to other businesses, the basis for determining the pricing must include covering all associated costs plus a profit margin. The two most significant costs affecting heating oil are the refining and delivery costs to get the end product to the customer. Finally, the level of service a customer demands will be a consideration in the delivered price.

Heating Oil Suppliers

Another reason why heating oil prices fluctuate so much is a lot heating oil suppliers tend to buy only small amounts that are required as and when by a consumer. This way they avoid buying large quantities of stock and run the risk of losing out if the heating oil prices drop. On the other hand finding a heating oil supplier that buys a lot of bulk stock and then signing up to a fuel management plan with them is the way to avoid the fluctuation in heating oil prices. They typically set a heating oil price and this will remain constant as long as you buy heating oil from them. The added benefit to this type of purchase is the heating oil supplier makes sure you never run out of heating oil.

Find a Fuel Supplier has been set up to serve the UK market with the best prices of heating oil, kerosene prices and other types of  fuel. We are a price comparison website listing real-time fuel prices for consumers and are 100% independent of fuel retailers and oil companies taking no commission on any sale made.

Author: David Khan

Be Aware of Heating Oil Scams on the Internet

There have been several recent stories about people being tricked into paying for heating oil online, only to then not receive the orders they have placed. Although the websites where people purchased heating oil from seemed legitimate, they were in fact not a genuine website that was set up for trading purposes.

Heating oil prices tend to fluctuate for several reasons. As a commodity product, heating oil is subject to supply and demand in the market, which affects the price. In addition to this, as heating oil is sold in a competitive marketplace where there are many suppliers, prices will change due to competition.  For example, when there are many suppliers in the market, prices will fall as suppliers will compete with their rivals to generate demand. Furthermore, heating oil is considered to be a seasonal product as it will be mainly used in colder months during winter. Therefore, heating oil prices will increase in winter to take advantage of the higher level of demand as people will be buying this product to warm up their homes.

As a result, price conscious consumers will shop around to get the best heating oil prices on offer to save money on fuel and will do so by buying in bulk to benefit from bigger savings. The best time to do this is usually during summer when price is low as there isn’t much demand to use heating oil with the warmer weather. The internet has made it easier for people to compare prices of products across many businesses, as people can find out information quickly online at the click of a button. This is how a number of people have been duped into paying for heating oil from websites that have no intention of fulfilling orders. They believed that they were getting a good deal with the heating oil prices, so they placed an order to save money.

People will look for heating oil prices on the internet before purchasing the fuel over the internet from questionable websites. Generally, these companies will request payment via a bank transfer first or they will ask you to pay over the counter at a bank. As customers wait for the fuel to be delivered, they realise that they will not receive it because they are unable to get in touch with the suppliers to find out exactly when the heating oil will be distributed. These websites don’t give their contact numbers for people to call if they face a problem and they ignore emails that are sent to them. These customers have tried to contact a number of organisations to get the matter resolved, from the police to the Federation of Petroleum Suppliers to the Action Fraud department but with little result so far.

These heating oil scams are a growing problem that needs to be addressed as soon as possible by the relevant authorities. Be careful when looking at heating oil prices online and make sure that the website is genuine by doing some research to see if there have been complaints made against that particular company in the past. Try to find out if they are a reputable and trustworthy business before buying heating oil. If you are concerned about an order you have made online for heating oil, then contact the National Fraud Authority to log your complaint and they will investigate the issue and help the police to take action.

Find a Fuel Supplier is a price comparison website listing real-time fuel prices for consumers such as heating oil prices and kerosene prices. We are 100% independent of fuel retailers and oil companies and we take no commission on any sale made.

Author: David Khan

Fuel Price Comparison Websites are Reprimanded by the Office of Fair Trading

A couple of websites that compared heating oil prices across what appeared to be from several different suppliers have been admonished by the Office of Fair Trading, an organisation that regulates competition in a given market and enforces consumer protection laws.

The FuelFighter(dot)co.uk website only quoted prices for fuel supplied by WCF Fuels Limited, despite the fact that the website looked like a neutral price comparison site. Furthermore, the website was actually run by WCF Fuels Limited, which is misleading for visitors to the site as they would have believed that they were receiving independent information on heating oil prices across the market, when in fact this was not the case at all.  Also, testimonials on the website could not be verified which means that the recommendations could be biased.

BoilerJuice(dot)co.uk website was also positioned as a price comparison site for fuel, but it heavily promoted GB Oils Ltd, which also happens to be the biggest heating oil supplier in the UK. However, the website failed to disclose a connection with DCC Plc, their parent company that also owns GB Oils Ltd.

The CheapHeatingOil(dot)co.uk website was also found to be in breach of the Consumer Protection from Unfair Trading Regulations 2008. This is because the website could be misconstrued as a price comparison site and mislead people about the purpose of the website due to the style and content.

The problem with these websites supposedly comparing heating oil prices was that they listed their own heating oil suppliers, without explicitly expressing that they were promoting their own interests.  This is not giving consumers the information they need to make informed decisions about where to buy their fuel from. In essence, the content on these websites were deceptive and used purely to refer visitors to suppliers that would benefit their business.

The Office of Fair Trading were made aware of these practices by consumers as well as their own investigations into their off grid energy market study. Their conclusions stated that the websites in question claimed that they were getting the best prices on heating oil, without saying clearly if a price comparison was made at all. Moreover, the Office of Fair Trading were concerned that the number of prices being compared was not declared and that there was no indication of whether there was a link between the supplier giving the quotation and the price comparison website.

The findings from the Office of Fair Trading regarding the operations of comparison websites of fuel prices resulted in the above businesses making changes to their websites to show any connections they have with any fuel supplier that provides quotes and to announce any material information relating to the ownership of the website if it is relevant and applicable. This will allow consumers to make their fuel purchasing decisions (such as looking at heating oil prices) on the premise that they can easily compare the deals on offer online and to be aware of any close links between the website and the suppliers if there are any. In addition to this, the CheapHeatingOil(dot)co.uk website made it clear that it was not a price comparison site and they also put their ownership details prominently on the home page.

All of the businesses mentioned in this article changed their information on the website voluntarily to rectify the issues discovered by the Office of Fair Trading.

Author: David Khan