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Newton Oil Company is a privately owned/operated oil and gas distributor. Our business is concentrated in three areas: lubricants, gas and mineral oils. Our company owned fleet of trucks deliver product throughout the Midwest to serve the energy needs of a diverse market demand. In addition, we supply lubricants and lubricant related services to the commercial vehicle and general industrial markets.
We market gas through the major brand of BP, and lubricants through the three major brands of Petro Canada, Castrol and Conoco. Contact us if you have any questions in regards to a branded product or click on a branded logo to expidite your search.
"This is easily the largest, most
relentless rally in the history of the Merc oil contract, and quite
possibly for any futures contract ever," one source said. "The bulls are
clearly in charge and there's nobody at this point big enough, organized
enough or bold enough to stand in their way."
Crude oil prices behave much as any other commodity with wide price swings in times of shortage or oversupply. The crude oil price cycle may extend over several years responding to changes in demand as well as OPEC and non-OPEC supply.
Conventional energy sources (oil, coal and natural gas) have been the most economically efficient way of providing power for our homes, industries and transportation. However, the supplies of oil and natural gas are finite resources, and are continuously being depleted over time. In addition, these traditional sources of energy are confronting growing challenges regarding environmental and human health concerns. It is clear that alternative energy sources that are renewable and sustainable are needed to fill the world's energy needs. The potential for the expansion and growth of renewable energy sources such as solar, hydro power, wind, biomass, hydrogen, and geothermal is enormous.