Thus far investing in UHN is disappointing to date.

Will heating oil follow Coal into energy Hell?
Stay tuned.

Russia is stepping into guaranteeing 'protection' for off-shore oil and NG deposits mining and alternate energy transfer pipeline routes in Med waters to EU (including Greek stuff).

Saudis 'flip' and increase price of oil, and new exports of USA petro-type energies now allowed, will this chance USA heating oil price structure? Remember, S.A. burns its cash reserves funding domestic welfare programs to keep its people from revolting . . . fighting in Yemen and banking Egypt.

Petro prices are down very recently in my state . . . is this another rapid effect QE action to jump-start holiday season consumer spending?

How much real truth are we being told, about world oil supply stocks? It costs more to 'mine' the deeper energy deposits, so how much longer can majors and nationals keep price of oil down?
The whole global economy is dependent (for immediate future) on oil to products relationship.

Another aspect of oil: transportation nets and war machines totally dependent on oil and petro. Oil is still energy king.
And, everyone needs $50-60 oil to fund their economies.

Would USA, for example, suddenly increased energy taxes 10-30% to fund an infrastructure rebuild and budgetary deficit reduction? The UHN equation has many sides and inputs. Both houses of government are highly influenced by energy donations. A soon out-going president takes the shoulder of blame? After all, who Exec Ordered the Alaskan off-shore energy harvest rights?

Bot a little . . . now down *$3/share.

USA Refineries now stating shift to heating oil and USA and foreign stock markets crash. Yet local heating oil is not going to drop much . . . I filled my home tank.

$10-20 Texas Crude . . . oh of course . . . its a perfect guess, right?

Keep p---ing off the Russians. <---smart move.
Russia delivered 6 MIG advanced jet interceptors to Syria, and they also delivered S300 anti-aircraft/anti-missile batteries to Iran. What the public does not realize is that those particular long-range SAMs can engage over 10 targets at once and create a flight intrusion net that extends over neighboring countries airspace. Arab oil producers better watch their step? Russia also warned the world it will not tolerate another 'Libya' in Syria. Russian transports with paratroops and Special Forces and Fighter Escort are just across the border on Alert Status. And Iran will move in to Syria and Iraq then also.

I am just sure the USA oil companies are going to cut the price of gas and heating oil and petro during the coming fall/winter/spring profit zone.

And . . . can Interest of FED's debt and USA Government Deficit afford rate hike? You panic folks and they will draw out their 401Ks and buy things like gold, farm land, and corporate bonds and rental houses and property. I very much doubt Wall Street wants their shareholders to join the soup lines and live in their cars.

I shall buy more UHN.

Thinking of investing in UHN . . . initially not much info on ETF portfl. assets (apparently all oil futures bulk storage}. I suspect some (or all) is in off-shore storage tankers fleet.
No dividend yield to retail investors?

My investment goal will be to try and roughly time the low of UHN stock price and sell @ its rough high point. <---same basic strategy as big folks like funds. Any profit gained will be used to off-set my home heating oil bill. Should be able to beat the banks offered saving account interest, as well as dividends offered by energy ETF funds that hold oil and gas company stocks.
The reason I suspect this will work for me, is Federal government (USA} and domestic energy companies are working together to keep price of oil low, to stimulate the USA out of recession.

The coming 2015 Nov elections are up for grabs by either party at present. Wild choices face major economic sector supporters of either party. Mandatory Health Care cost structure 'inflation' is bleeding away the small surplus spending monies many have left. This 'surplus in-the-consumer-pocket money' was supposed to go into gas tanks, vacations, and fall school educational expenses. But . . . retail consumers are instead saving cash and paying down their outstanding credit . . . as possible. They are frightened of Greek B-Grade movie coming soon to USA.
Some are saying the Chinese 2008 stock crash happened just before the then USA Crash. They have noted the present *30% hair-cut in the current China stock decline.

Greece is off to Israel for a visit, wonder what they will come up with. Few know the two have joint military exercises together and energy deals on.
If Russia and China step in before any Jewish offers . . . the energy equation can change.

Lots of fun thinks going into present and future prices of heating oil. When UHN glides along its 52 week low range . . . is this the time to buy? The great ponder is if economy and energy price will slide further, before inevitable climb into winter heating season.

UHN is up 4% today

Looks like heating oil has finally put in a short-term bottom. What do you think SnN?

Gap down today. Wish I had heating oil as my furnace fuel now...

The heating oil fund went on a Parabolic SAR buy signal today...

folks who haven't purchased their heating oil for the winter are loving it...

anyone got a guess on the bottom for heating oil?

Looks like heating oil has found a short-term bottom...

Lot's of resistance now around 50...

Very bullish candlestick today on the daily charts. Might be close to a bottom on heating oil...

Prepare Now for a Pricey Winter Heating Season

SNOW IS A distant memory, the mercury's on the rise and the kids are packing up for summer camp. Nevertheless, now's the perfect time for homeowners to start thinking about heating their homes come winter.

Typically, each summer, many heating oil providers offer customers the option to sign up for price protection programs, which allow them to lock in prices on heating oil well before a chill starts to tinge the air. (Some providers request an upfront payment where others let you pay that amount over time.) After months of sharp increases in heating oil prices, however, many providers are suspending the programs, leaving homeowners to weather the rise and fall of oil prices on their own.

Without these programs, homeowners will need to brace themselves for a costly winter heating season ahead. Residential heating oil prices are projected to rise 29% to $4.46 per gallon in the fourth quarter of 2008 from $3.16 per gallon during the same period last year, according to the Energy Information Administration. Those who use natural gas to heat their homes (a fair majority at 48% of U.S. households) shouldn't expect to fare much better. The EIA projects the average price of natural gas to rise 27% year over year (from $12.65 per thousand cubic feet in the fourth quarter of 2007 to $17.21 per thousand cubic feet in fourth quarter of 2008).

These bleak projections don't factor in possible disruptions in crude oil (where heating oil comes from) and natural gas production that could occur during the Atlantic hurricane season, which runs from June to November, says Brandon Wright, spokesman for the Petroleum Marketers Association of America (PMAA), a federation of regional and state associations of heating fuel distributors.

Coming up on support around 54...

A close below 60 and we have a good short-term short...

Heating oil, is it evaporated from the internal circulation heating pipes? Is it the same oil or is different oil that heats the pipes?

sail

American Stock Exchange and Victoria Bay Asset Management Launch United States Heating Oil Fund, LP



NEW YORK, April 9, 2008 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) and Victoria Bay Asset Management, LLC today announced the launch of trading in the United States Heating Oil Fund, LP under the ticker symbol "UHN."

The investment objective of UHN is to have the percent changes of the units' net asset value reflect the percent changes of the price of heating oil, (as measured by the changes in the price of the near month futures contract on heating oil as traded on the New York Mercantile Exchange). When the near month contract is within two weeks of expiration, the objective will be measured by the futures contract that is the next month contract to expire.

"Heating oil plays an important role in a modern economy as it, along with gasoline, represents the majority of the refined output from a barrel of crude oil," said John Hyland, CFA, Chief Investment Officer at Victoria Bay Asset Management. "We are pleased to offer investors an innovative way to gain exposure in the energy commodities market."

"We are proud to support all five of Victoria Bay Asset Management's products which track the movement of different commodities," said Scott Ebner, Senior Vice President of Amex's ETF Marketplace. "UHN is the first exchange-traded product to follow heating oil and is an important addition to our innovative line-up of commodity-linked exchange traded vehicles."

UHN is a commodity pool that is managed by California-based Victoria Bay Asset Management, LLC. The partnership's NAV will be calculated once daily on each trading day. An Indicative Partnership Value will be published at least every 15 seconds during regular Amex trading hours. The Amex specialist for UHN is Kellogg Capital Group, LLC.


About Victoria Bay Asset Management, LLC
Victoria Bay Asset Management is the manager of exchange traded securities that are designed to track the movements of different commodities. These include the United States Oil Fund, LP (Amex: USO), the United States Natural Gas Fund, LP (Amex: UNG), the United States Gasoline Fund, LP (Amex: UGA), and the United States 12 Month Oil Fund, LP (Amex: USL). Victoria Bay Asset Management is registered with the CFTC as a commodity pool operator and has $1.2 billion in assets under management as of March 31, 2008.