New York threatens to roil Northeast heating oil market

摘要

New York-As US Northeast marketers mull a move to low-sulfur 500ppm heating oil,New York legislators are trying to raise the bar to create a 15ppm cap in the home of the NYMEX heating oil contract.A bill introduced late last month in the New York state Senate seeks to bar the sale of home heating oil or diesel with more than 500ppm sulfur after Dec 31,2008.