The Benefits (And The Misconceptions) Surrounding Home Heating Oil As A Domestic Fuel

We’ve established in some of our previous blog posts just how widespread the usage of crude oil’s derivatives. Whether it be in the production of plastics, jet fuel or make-up, if you’ve bought it, the chances are it’ll have had some input from a petroleum product along the way. Oil is something that many of us will have grown up (or will indeed live with now) within our homes, in fact, as our main domestic fuel.

Though not as prevalent a home fuel as natural gas, oil still holds its niche within the domestic market. In fact, according to a 2020 Statista survey, 6% of UK homes are still fuelled by home heating oil. The team here at TriStone Holdings, whose work as an oil and gas investment company inevitably leads to an interest in oil’s many uses, wanted to look at this oil in greater detail, and how it can help provide that domestic bliss we all so desperately crave in our lives.

What Is Home Heating Oil And What Are The Benefits?

Home heating oil (HHO) is a petroleum derivative most similar in chemical makeup to the diesel used in many cars. Alternatively, kerosene is also used in many oil boilers. The main benefit of HHO is for those homes that aren’t connected to a gas pipeline. It gives them a cost-effective alternative, with the fuel being stored on-property within a storage tank. Home heating oil is also strong from a safety perspective, especially when compared with natural gas. It isn’t combustible in the way that natural gas is, which is obviously much preferable!

Misconceptions

Environment

Traditionally, oil was frowned upon as a means of fuelling homes and went out of fashion because of its detrimental effects on the environment. Nowadays, however, home heating oil is much cleaner. In fact, today’s HHO is around 95% cleaner than it was half a century ago. This, when paired with much more stringent government and industry regulation, means that oil isn’t significantly worse than natural gas, from an environmental perspective (in some of the most modern, high-efficiency oil boilers, it’s actually the better of the two fuels). The efficiency of modern-day boilers means that the statements peddled regarding high levels of soot emanating from oil boilers, are largely untrue. In short, HHO is made out to be much worse, environmentally speaking, than it actually is.

The Future/Oil Alternatives

Of course, there’s no getting around the fact that HHO is a carbon-based fuel. And in such an environmentally-conscious age, looking for cleaner alternatives is no bad thing. This way, the carbon footprint of homes is reduced, wherever possible. In recent times, there’s been a surge in the development of bio-oil alternatives. Bio-oil is a fuel derived from plant and other organic matter. A commonly used example is that of bio-oil made from excess chip fat from deep-fat fryers, for example.

This way, the oil-fuelled boiler would still be a viable heating option, whilst at the same time having a diminished impact on the environment. Using solely bio-oil (also known as biodiesel) or even a mixture of HHO and bio-oil will help reduce the carbon footprint of oil boilers, without compromising on performance. This has led to many people switching to these newer eco-boilers, which, whilst somewhat expensive, operate at very high levels of efficiency.

Heating homes is just one of the thousands of ways in which oil is used, globally, every single day.

Contact Us

So, if you’d like to find out more about our oil investment company, then get in touch! With a predominant focus on onshore production in the USA, we’ve got an incredibly exciting investment opportunity to pursue. Contact TriStone Holdings today on 0800 055 7079.

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