Ballard Oil Company 'seeing the writing on the wall' before closing

Ballard Oil Company has closed after serving Seattle since 1937.

Owned by the Millard family, this local oil company has been fueling the city for four generations. But with people relying on oil less and increased taxes and regulations, they will have to close their doors.

"It's been a multitude of reasons over the past few years," said Brandon Millard, president of the company, which is located on the north side of the Lake Washington Ship Canal, east of the Hiram M. Chittenden Locks. "It just all came collapsing down within the past year or so."

Millard said there has been a decline in fuel sales for home heating oil as more residents switch over to heat pumps and electric heating.

https://www.msn.com/en-us/money/markets/ballard-oil-company-seeing-the-writing-on-the-wall-before-closing/ar-AA17Dc9X