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Energy Prices

We're Working for Lower Oil Prices

stopspeculation.pngHunts Point Fuel actively supports efforts by leaders of the Oilheat industry to restore fairness to energy markets in the U.S. and abroad.

The markets are inadequately regulated, and speculators are allowed to trade oil contracts behind closed doors with no public records of their transactions. That lack of transparency has made it easy for hedge funds and other large investors to trade oil contracts as if they were stock and cause exaggerated price swings that wind up raising consumer fuel costs.

Oilheat is a relatively small energy market, but our industry leaders have been highly influential in development of proposed new policy and regulations. We believe that the availability of fairly priced energy products is critical to our country's economic well-being, and we will continue to press for market reform.

To learn more about this topic and the Oilheat industry's consumer protection efforts, please visit www.stopoilspeculators.com.

While at that site, you can also write to your representatives in Congress to express your support for fair market policies and regulations. The site generally maintains form letters pertaining to the latest legislative proposals, and you can e-mail Washington directly.

Your U.S. Senators from New York are:

Senator Kirsten E. Gillibrand
478 Russell Senate Office Building
Washington, DC 20510

Senator Charles Schumer
313 Hart Senate Building
Washington, DC 20510

To find your Congressional Representative,please click here. Please note that you must enter your 4-digit ZIP extension because there may be more than one legislative district represented within a ZIP Code. To find your 4-digit ZIP extension, click here.

Thank you for your support!