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In this issue...
  • Has the oil price hit its floor?
  • Economists say millennials should consider careers in trades
  • Attracting young talent: An industrywide challenge
  • What's happening?
  • Welcome new member
  • Coming soon
  • New event in Hershey — Industry Breakfast
  • Help raise dollars
  • A 2nd fundraising will be launched
  • Advise customers on HVAC best practices during snowy weather
  • Driving data center design: HVAC
  • ASHRAE, others starting to draft new biomass requirements for green buildings
  • Strike at US refineries expands to 2 more sites
  • Breaking ice: Coast Guard keeps heating oil shipping lanes open
  • 4 payroll tips from a tax professional
  • 5 tips to save money, time in your small business

  • Has the oil price hit its floor?
    By Stefanie Heerwig
    Abdulla Al-Badri, secretary general of OPEC, announced recently that oil prices might have reached their floor and could even rise to up to $200 per barrel in the near future. This is a surprising comment, given OPEC's resistance to decrease its oil production and complaints by struggling oil exporters like Nigeria and Venezuela. In fact, Al-Badri's comment was in response to the biggest one-day gain in oil prices since 2009. Brent rose almost 8 percent and finished above $50 per barrel while Western Texas intermediate crude jumped by 7 percent to $53 per barrel.
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    Economists say millennials should consider careers in trades
    NPR
    As the economy continues to recover, economists are seeing stark differences between people with high school and college degrees. The unemployment rate is nearly twice as high for Americans with a high school diploma as for those with a four-year college degree or more. But economists say that doesn't mean everybody needs a four-year degree. In fact, millions of good-paying jobs are opening up in the trades. And some pay better than what the average college graduate makes.
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    Attracting young talent: An industrywide challenge
    Contracting Business
    If you run a contracting business, you know how hard it has been to find new talent. As the Baby Boomer generation gets older and retires, it is a must to find younger people to train and fill in the gaps.
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    Looking for similar articles? Search here, keyword: Hiring.


    PRODUCT SHOWCASE
      Ductless Mini-Split Kit

    Sid Harvey’s introduces a time-saving idea to speed the installation of the most popular mini split systems. The Sid Harvey Mini-Split Installation Kit includes communication cable, drain hose, disconnect, whip, ring terminals, and cable ties to make installation quick and easy and comes in either 25 foot or 50 foot lengths. The Mini-Split Installation Kits are available at all Sid Harvey Stores. 

    www.sidharvey.com

     


    UPDATES FROM OESP


    What's happening?
    OESP
    To stay on top of what is happening within our association or industry, check our online calendar.
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    Welcome new member
    OESP
    We would like to welcome Wesley Salisbury, of Intellihot, to the organization. Wesley will be affiliated with the Central PA Chapter.
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    Coming soon
    OESP
    Registration will soon open for our 61st annual convention and trade show. Thanks to our two major Corporate Education sponsors, Taco and Honeywell, we are able to offer our Tuesday and Wednesday technical education free to all.

    In the meantime, bookmark the website for updates to our 61st annual event.

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    New event in Hershey — Industry Breakfast
    OESP
    With NORA being reauthorized, there is plenty going on within the oil heat industry. Tuesday morning, May 19, we will host an industry breakfast. You will have the chance to see the new educational products being delivered, learn more about new products being considered, the "greener" fuel we'll be providing to our customers. We will have the "who's who" of the oil heating industry on hand to give you the latest up-to-date information— all in one room. When registration opens very shortly, you'll be able to register for this event.
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    Help raise dollars
    OESP
    Last week we shared with you that Wednesday following the close of the show, you can join Dan Holohan as he delivers his popular seminar, Classic Hydronics. Dan's on the road seminars are coming to a close and this is just one more opportunity to hear him and also raise funds for the Dan Holohan Grant (a special scholarship set-up for HVAC instructors).

    You can register online during the registration process or online.

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    A 2nd fundraising will be launched
    OESP
    We are working out the details now but soon we'll host an online auction where you can "rent" Dan for the day. This will be open to all within the HVAC industry. The highest bidder will be able to use Dan's expertise and talent however they wish. The winner and Dan will work out the date, etc. But all funds raised will go to the Dan Holohan Grant.
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    IN THE NEWS


    Advise customers on HVAC best practices during snowy weather
    Contracting Business
    In the midst of February, we're starting to see some snowy conditions across this great country of ours. For all the HVAC business owners out there, now can be a great time to create a bond and new level of trust with customers by giving them some friendly reminders about HVAC best practices during the snow.
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    Driving data center design: HVAC
    Consulting-Specifying Engineer
    In the information age, data centers can be the beating heart of not just a building, but an entire global corporation. Data center cooling is a key component of the design of these mission critical facilities.
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    ASHRAE, others starting to draft new biomass requirements for green buildings
    Contractor Magazine
    After deciding to create a definition for what biomass is in the Green Building Standards, HPAC Engineering reported that ASHRAE, U.S. Green Building Council and the Illuminating Engineering Society will draft new standards soon.
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    TRENDING ARTICLES
    Missed last week's issue? See which articles your colleagues read most.

        Why do heating oil prices continue to fall? (Market Realist)
    6 reasons to look outside of the HVAC industry for your next hire (Contracting Business)
    OESP to offer extensive educational program at 61st Convention (ACHR News)
    The do's and dont's of conflict resolution (Contracting Business)
    5 tips to save money and time in your small business (Michigan Chronicle)

    Don't be left behind. Click here to see what else you missed.


    Strike at US refineries expands to 2 more sites
    OilPrice.com
    The United Steelworkers union has added two more sites to the number of oil refineries where its members have gone on strike, citing bad-faith bargaining by the companies and even threats against employees. The strike, which began Feb. 1, originally targeted nine refineries responsible for 13 percent of refining capacity in the United States and employing about 4,000 union workers. On Feb. 8 the USW added two more.
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    Breaking ice: Coast Guard keeps heating oil shipping lanes open
    Times Union
    While almost everyone tries to stay out of the subzero temperatures, the crew of the Coast Guard cutter Thunder Bay will be out from dawn to dusk breaking ice on the Hudson River, keeping the waterway open for heating oil to make its way to the Port of Albany. The vast majority, 75 percent, of home heating oil in the country is used in the Northeast, and 90 percent of it travels by barge, said Commanding Officer Lt. Zac Bender.
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    4 payroll tips from a tax professional
    Forbes
    No matter which industry you belong to, there is a common source of frustration for all members of the small business community: payroll. Payroll is a highly regulated business obligation involving everything from employee personal information to federal governmental legal requirements that, if not done properly, can reap harsh consequences. Daniel Petri, an associate licensed tax professional at the Tax Defense Network offers four key factors to consider that will help you avoid any mishaps.
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    5 tips to save money, time in your small business
    Niagara Frontier Publications
    There are two things most small business owners have in common: limited time and limited finances. If you're an entrepreneur, finding ways to make the most of both is crucial for your sanity and success. The key to becoming more efficient with these two key resources is organization.
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