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Nolan Oils - News |
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Highest Oil Prices for 17 MonthsThere was bad news for motorists and indeed all oil users as crude oil reached its highest level in seventeen months. The North American benchmark topped $86 per barrel and North Sea Brent was not far behind at more than $85. Partly as a result of the weaker pound, petrol prices at the pump have now topped £1.20 per litre, the highest on record. The latest increase in petrol taxes, although staggered, increased by 1p in April, which did not help. Source: RBS Economic briefing dated 15 April 2010 Duty Rate Increases - 1st April 2010Please note that the main fuel types duty rate will be increased by 1p per Litre effective 1/4/2010. The chancellor announced new phasing of the duty increases in his March 24th Budget Speech.
New Duty Rate Effective from 1 April 2010
Snow Scenes
OFTEC SAYS LOW SULPHUR FUEL IS SAFEThe Oil Firing Technical Association (OFTEC) has dismissed claims that low sulphur fuel is causing combustion problems with oil fired vaporising burners... » Download OFTEC press release... Happy 21st Nolan OilsMark Nolan started Nolan Oils in December 1988 so last month saw Oxfordshire’s largest independent fuel distributor, celebrate its 21st birthday. Celebrations actually started in late November when the Red Devils parachute team jumped into a Nolan Oils sponsored charity event. The event was attended by customers, friends and family to fundraise for Help for Heroes, a charity which the company supports in conjunction with the Bicester Round Table. » More... Nolan Oils Wins National AwardNolan Fuel Oils Ltd. was named Oil Distributor of the Year at the Oil Firing Technical Association (OFTEC) Awards for Excellence held in London at the Hotel Russell. The company beat off stiff competition throughout the UK and Ireland to win. Company representative Mark Nolan said: "This is the third year we have won and it is fantastic to win again. The award is a quality mark from OFTEC and it means that we are meeting the expected standards in the industry. We are constantly upgrading our standards and being a small independent company, we’ve got our finger on the button and that is reflected in the award." ... Triple podium for Mason in Superbike season finale
Second fastest of the
Cup riders in qualifying, Gary started the first race, on Saturday, in 18th
place on the Superbike grid. The race was run over 12 laps, having been
restarted after a serious crash involving Karl Harris on the third lap. Gary
finished first of the Cup riders, in 13th overall, earning valuable Superbike
points, followed across the line by fellow Cup racers Peter Hickman of Ultimate
Racing and Team NB’s Tommy Bridewell. Race Two, held on
Sunday, was also incident-packed. Chris Walker took to the grass on the
Motorpoint Yamaha, with the safety car called out on lap eight when the Kawasaki
of Julien da Costa blew up in spectacular fashion. Tommy Bridewell was first
home of the Superbike Cup riders, with Gary Mason right behind, in 12th overall,
earning yet more points to his tally. In the final race of
the day, and the season, NB Suzuki's Tommy Bridewell took the Superbike Cup win
again, despite running across the grass on the first lap and re-joining in last.
However, Gary Mason followed him across the line, this time in 10th place, for
even more superbike points. With the scores finally counted, Gary Mason won the Superbike Cup with a massive 154.5 point lead. He narrowly missed his goal of a top 10 in the MCE Insurance British Superbike championship, settling for 12th equal with Glen Richards of HM Plant Honda, just six points adrift of tenth place. The lubricants used by Quay Garage Honda are blended in Q8Oils' purpose-built plant in Leeds, just like the Q8Oils range of MOTO SBK oils that are available to road riders.
For more information on the Q8Oils range of market leading motorcycle lubricants, please contact: marketing@Q8Oils.com T: 0113 2350555.
Picture credit Dave Couldwell, DeeCee51@gmail.com
Red or White DieselThis is not a trivial issue for those who run tractors or mowing machines, which will include; all farmers, local authorities, golf-course managers, amusement park owners, anyone in fact who has to manage a lot of grass. The differential in the price of red diesel, which can generally only be used for off-road vehicles, and white diesel which is used in all other vehicles, is about 60p per litre. This amounts to a huge cost for some businesses and of-course is purely due to the amount of tax levied by the Government on the different types of diesel. HMRC has recently issued advice about the types of vehicles that can be powered by red diesel when they are used for grass cutting. These are:
Purpose built mowing machines can always use red diesel, wherever the grass is being cut. However, a tractor that has removable mowing machinery will not qualify as a mowing machine. Such tractors can only use red diesel when the grass is being cut for horticultural reasons ie, for fodder or for harvesting, or when cutting verges or hedges bordering public roads. Removeable mowing machinery should not be used on a tractor powered by red diesel when maintaining a golf course, playing field or other area that does not border a public road. Anyone caught misusing red diesel could be fined £500 for a first offence and if the fine is not paid the vehicle involved could be seized until the fine is paid. Persistent offenders or larger-scale misuse of red diesel can attract a prison sentence of up to seven years. Revenue & Customs brief concerning red diesel Police warn of Heating Oil TheftsPolice have issued warnings following a pattern of heating oil thefts in Cornwall, The Forest of Dean and Wales... » Download full article (PDF format) Crude Oil PricesIncreased volatility in financial markets, ongoing geopolitical tensions and now financial and monetary uncertainties make it more difficult than usual to forecast oil prices. We anticipate... » Download full report by the RBS (PDF format) Market TalkThe market surged to near all-time highs Monday after OPEC oil exporters rejected Western calls to increase output to ease supply pressures... » Download the Gasoil-Diesel PriceIntelligence report (PDF format) Heating Oil Thefts - Stay Alert!We are seeing more reports of theft from oil tanks every day - heating oil users are growing more and more fearful of thieves who siphon oil from tanks and sell it on at a discounted price. The Norfolk Police Force is investigating 36 reported cases of heating oil theft throughout the county since 1 January 2008, furthering fears that the rising cost of oil is causing increased incidents. Other incidents have occurred in rural areas across the UK. Now the oil price is high, criminals have even more motivation to steal. With the cost of oil topping $100 per barrel, a domestic tank full of heating oil can be worth up to £700 or more.
Thieves are likely
to target houses in rural areas, where owners might not consider exterior
security.
Victims of oil theft should report incidents to their local police force, and alert other home heating oil users. We hope this information was useful. |
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