About Home Oil Company; Meyer Oil & LP
Home Oil Company Ownership
Home Oil Company 'Meyer Oil' was started in the 1950’s by Edward and Sarah Meyer, hence the name. Arthur and Bette Moon worked for Edward and Sarah Meyer for a number of years. Because at some point Ed and Sarah wanted to retire and scale back their involvement, Art and Betty took responsibility and ultimately purchased the company from them. Art and Betty owned the home oil company for nineteen years, when we bought it from them in 2003.
Art and Betty also were ready to scale back what they were doing. Betty was ready to do something different and Art simply enjoyed delivering the fuel. He liked being out in the field, seeing the customers. He was tired of running the business end of things. Paying the bills and being the bad guy saying, "I am sorry but we are not delivering more fuel until you cough up some money". Since Ryan Suemnicht and Amy Suemnicht took over the business, Art worked for us close to ten years, when he decided to retire.
Growth of Meyer Oil & LP
Meyer Oil & LP home oil company has gone through a number of changes. When Ed and Sara had the business they still delivered to gas stations. Art and Betty did for a while too but got out of it when gas stations upgraded to bigger storage tanks. If a truck at the time held only 2000 gallons and a storage tank was 5000 gallons, they couldn’t fill a tank in one go. The whole market changed and gas stations were now buying directly from fuel brokers rather than smaller intermediates like us. The home oil business didn't shrink but changed with the loss of gas stations. Then over the last ten years there has been a lot of change in the heating industry since fuel oil is a dying way of heating your home. People are going to natural gas if they live in town. Or to LP gas if they live out of town and away from a natural gas line. As people are buying new furnaces we are selling less and less fuel oil every year. This prompted us to get into the propane business so that we could fill the gap of the customers we were losing. We could see things were picking up on that end. We took a chance to see if it worked, and it has. The delivery of propane gas has grown every year for our home oil company.
It also worked out nicely for our agricultural customers who were buying gas and diesel from us, but because at first we didn’t offer that service had to get the propane for heating their house from somebody else. As soon as we started offering it they jumped right on board and got their propane from us too. Now they write one check for their fuel instead of a bunch of checks across different businesses.
As a convenience for our customers we offer a little automotive stuff. Not as a huge seller, but as long as we bring you the diesel we can bring you a drum of oil too.