Jack Romita      It is with profound sadness that we announce the sudden passing of our Senior Vice President, Jack Romita, Sr.. Jack was a cherished father, brother and uncle and a beloved friend and colleague to all at Castle. He began working for his father, Mauro Romita, Sr. in the company at a very young age after school. Among his earliest responsibilities were stoking the coal burners in the garage in the early hours of the morning before school to ensure that the diesel trucks would start. Jack joined the company full time in 1945 and worked as a salesman, dispatcher, driver, serviceman - whatever needed to be done. He quickly assumed responsibility for the fleet and all maintenance. This is a responsibility, the scope of which expanded dramatically over the years and, which he held until the day of his death. In addition to his day to day responsibilities at Castle, Mr. Romita served the company on its board of directors. Jack was known for his extraordinary warmth, care and concern for all of his employees, high energy, perpetually positive outlook and wonderful sense of humor. Jack was Castle's historian, chronicling the many phases of Castle's success over the years through the photos and mementos proudly displayed in his office. His sense of caring and a ready smile were ever present. He was truly the soul of Castle. His passing is a great loss to us all. While we mourn a terrible loss, we are privileged to have shared in, and we now celebrate, a life well lived. God bless you Jack.

Our Commitment to Quality
It is the policy of Castle Oil Corporation to provide the highest possible quality of products and services to satisfy customer needs and requirements.  Castle Oil Corporation management recognizes that customer satisfaction is the most important element and that meeting customer needs through quality of product and services is essential to our success.
Mauro C. Romita - President
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Factors Affecting Natural Gas Pricing

Pricing Options

Factors Affecting Natural Gas Pricing:
When you investigate pricing options for your natural gas, it is important to understand that the price you pay will depend upon many variables. These variables will include your individual energy usage patterns, the length of your contract, and the market price of natural gas at the time you enter into your natural gas supply agreement.

Natural gas is a commonly traded commodity bought and sold on public exchanges (such as the New York Mercantile Exchange), as well as on over-the-counter and electronic exchanges. It may also be purchased directly from the producer by large manufacturers and retail end users.

The laws of supply and demand will affect the market value of natural gas. Natural gas production rates, storage and inventory levels, industrial demand, temperature and climate patterns, transportation disruptions, availability and cost of alternative fuels, global politics, and general economic conditions all will impact the price at which natural gas is traded and sold.

In order to quote a price to the consumer, it is necessary to collect information from you and/or your utility about your historical usage patterns and volumes. It is then possible to determine how much and at what price natural gas must be purchased to accommodate your needs. Castle will do their utmost to provide you with competitive natural gas pricing. Please contact us so we can help you select the right natural gas pricing product for your individual energy needs.

Pricing Options
There are various pricing options in order to meet the needs of your type of business and history of natural gas consumption. The following are available for many firm and interruptible accounts:

Fixed Price Contract: (Firm Customers Only)

The price and volume for natural gas are fixed for the Primary Term of the Sales Agreement and the customer agrees to purchase the volume specified. During the Primary Term, any gas usage that exceeds the contracted monthly volumes will be priced at a monthly spot price. All natural gas supplied following the Primary Term will be at a monthly variable price.

CES Protect Contract:

The price for 50% of the monthly forecasted usage is fixed and delivered on  an even daily basis. Any additional monthly usage will be at a floating monthly price based on prevailing market conditions. All natural gas supplied following the Primary Term will be at a monthly variable price.

Fixed 90 % / 110 % Tolerance Contract:

The price of natural gas is based upon the monthly volumes specified. The unit price of natural gas for all monthly quantities between 90 percent and 110 percent of the specified monthly volumes is provided at the contract price per therm. There is a unit price adjustment for any monthly under consumption or excess consumption. All natural gas supplied following the Primary Term will be at a monthly variable price.

Index Price Contract:

This is a variable priced contract. The price for any monthly natural gas will be at a monthly variable price based on prevailing market conditions.

Fixed Basis Contract:

This is a variable priced contract. The monthly price for natural gas is 100% of settlement price of the New York Mercantile Exchange (NYMEX) Natural Gas Futures - Henry Hub Contract for the last trading day of each month plus a fixed transportation cost per therm.

Contact your Account Executive or call 914-381-6600 to discuss how we may best serve your energy needs.

Customers Rule
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