Around SouthCoast, low prices of gas, heating oil has a ripple effect

Around SouthCoast, low prices of gas, heating oil has a ripple effect

“…Prices are also lower than in recent years for home heating fuel; according to Mass.gov for the week of Dec. 29, the average price for a gallon of oil in Massachusetts was $2.13. That’s about half what it was a few years ago.

And that’s good news, according to Bruce Morrell, executive director of PACE, which, through its fuel assistance program, provides home heating funds to 13,000 lower income Greater New Bedford households.

Morrell said PACE paid $1.67 per gallon for its order of oil last week.

“These prices are a tremendous help for our clients and it looks like we’ll be able to nearly triple the amount of oil we can purchase for them compared to a couple years ago,” Morrell said.

Fewer residents than normal have been asking for help from PACE in the past month and Morrell attributes this to the mild December temperatures.

“We know the tough times will be coming in January and February but with these prices, we’re in good shape to help a lot of people,” Morrell said….”

Read the rest of this article at southcoasttoday.com.

Josh Amaral

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