Updates to Northeast Home Heating Oil Reserve
Released: November 23, 2011
Notice
During 2011, the U.S. Department of Energy (DOE) has been in the process of converting the Northeast Home Heating Oil Reserve from high sulfur heating oil to ultra-low sulfur distillate (15 parts per million). DOE has awarded contracts totaling 1,000,000 barrels to two companies, Hess Corporation in Groton, CT, and Global Companies LLC in Revere, MA, for storage contracts of 500,000 barrels each. These sites will receive their deliveries starting in November 2011 and will be completed by December 2011. Storage volumes for these inventories will be shown in Appendix C of the Weekly Petroleum Status Report as they are received.

Contact: Alex Wood, (202) 586-3537