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An employee with Hughes Oil makes a delivery in the West Roxbury neighborhood of Boston, Mass., in this file photo, taken on Nov. 24, 2004. Darren McCollester/Getty Images
Supplies of diesel and heating oil in the United States have dwindled as refiners are having trouble replenishing the domestic fuel supply this winter, which may keep oil prices elevated for months.
Heating oil futures reached $2.83 per gallon at the market’s close on Feb. 4, the highest price in seven years.