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Keyword: nehhor

DOE to Purchase Heating Oil for the Northeast Home Heating Oil Reserve (Lib states use most oil)

06/25/2008 10:10:47 AM PDT · by rightinthemiddle · 17 replies · 316+ views
Newsblaze ^ | June 23, 2008

The U.S. Department of Energy (DOE) today issued a solicitation seeking to purchase heating oil for the Northeast Home Heating Oil Reserve (NEHHOR) using $3 million in appropriated funds. The Northeast Home Heating Oil Reserve provides an important safety cushion for millions of Americans residing in the Northeast region of the country. Due to the modest volume of heating oil expected to be purchased with the available funds, no impact on market prices is expected. In 2007 a 35,000 barrel sale was conducted to raise funds necessary to award new long-term storage contracts to fill NEHHOR to its authorized capacity...

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