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Oil prices shoot past record above $139 a barrel
June 06, 2008 - Associated Press
New York - Oil prices shot up more than $11 to a new record above $139 Friday after Morgan Stanley predicted
prices would hit $150 by the Fourth of July. The unprecedented jump is all but certain to drive gas prices
well past the $4 mark in the coming weeks.
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Oil nears $123 on $200 oil prediction, supply concerns
May 06, 2008 - Associated Press
New York - Oil futures blasted to a new record over $122 a barrel Tuesday, gaining momentum as investors
bought on a forecast of much higher prices and on any news hinting at supply shortages. Retail gas prices
edged lower, but appear poised to rise to new records of their own in coming weeks.
A new Goldman Sachs prediction that oil prices could rise to $150 to $200 within two years seemed to
motivate much of Tuesday's buying, although a falling dollar and increasing concerns about declining crude
production in Mexico and Russia contributed, analysts say.
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Energy Costs: Get A Handle On Your Heating Bills.
Energy costs are a major household or business expenditure, especially in harsher winter climates. As a fuel source, wood -- in addition to being readily available and totally renewable -- is also very inexpensive compared to other fuel sources. In fact, the energy savings realized by heating with the Classic can often pay back the purchase price in the first two years. By adding a domestic water-to-water heat exchanger, the Classic can also provide all of your hot water. You can then turn your water heater off and realize big savings on your electric or gas bill. Over a ten-year period, a homeowner or business may save $10,000 to $50,000 or more on heating costs. Heating with a Classic outdoor wood furnace only makes ‘cents’ and lots of it!
Wood Heat: Good For You, Good For Our Environment.
A wood heating system is the right choice for the increasing number of people who are concerned about our environment. Unlike systems that rely on fossil fuels, wood is a totally renewable resource, which, when burned, results in no net carbon dioxide increase. Carbon dioxide is part of the natural plant-growth cycle and occurs naturally when trees are allowed to rot on the forest floor. On the other hand, fossil fuels, when burned, release carbon dioxide which otherwise would stay trapped in the earth. This causes a net increase in carbon dioxide, which is believed to be responsible for the heat-trapping "greenhouse effect." In addition, harvesting firewood has a pruning effect on forests, which allows new growth to flourish. And the wood you burn most likely comes from your local area -- it's not imported, as is the case with oil.
Eliminates your heating bill...
For many owners that cut their own wood or use scrap wood, they can entirely eliminate their heating bills.
Did you know...
Using wood as a heating fuel is endorsed by the U.S. Forestry Service.
By burning wood, a renewable resource, an average home will save enough nonrenewable fossil fuel to operate an automobile for a full year.
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Want to know how an outdoor wood furnace works?
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A safe, efficient outdoor furnace that can provide 100% of your heating needs.
Central Boiler manufactures and distributes the Classic Outdoor Wood Furnace, an Outdoor Wood-fired
Hydronic Heater that heats multiple buildings, hot tubs, pools, greenhouses, domestic water and more.
While burning a wood stove indoors can mean many problems, there is an alternative... The Classic outdoor wood furnace
from Central Boiler. Also known as an outdoor wood boiler, this Outdoor Wood-fired Hydronic Heater eliminates the problems associated with indoor burning and allows you to get
even more benefits from wood heat. This outdoor furnace can actually improve the indoor environment in your home or
business, while eliminating the time-consuming chore of tending a traditional wood stove.
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