Oil theft warning for Yorkshire homeowners as prices continue to soar

Rural residents in Yorkshire with oil storage tanks are being warned about increases in thefts as oil prices continue to soar.

Tuesday, 5th April 2022, 4:22 pm

Homeowners in rural areas are being advised to check their security as thieves begin to target oil storage tanks.

William Nicholl, client director at rural insurance broker Lycetts, has said that people are stockpiling oil supplies before the sanctions imposed on Russia cause even greater price increases, making them more of a target from thieves.

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Oil theft warning for Yorkshire homeowners as prices continue to soar.

"Storage tanks can contain hundreds – and sometimes thousands – of pounds of oil, so they are an obvious target,” said William.

"In recent weeks there have been a number of nationwide thefts by organised gangs who have siphoned-off oil. This is no hi-tech, difficult to organise crime – a 1,000 litre tank can be drained within minutes.”

Farmers and people living in rural and more isolated areas are more vulnerable to attack, as they tend to store large amounts of oil on-site.

"Siting tanks out of view from roads is a sensible precaution,” advises William. “However, many tanks look unattractive and for that reason owners often position them out of sight of the home. The problem with this is that they locate them in areas of the property that make it easier for thieves to act unobserved.

William Nicholl, client director at rural insurance broker Lycetts.

"Lighting and CCTV cameras can be effective security measures, but it is important to maintain them and test them regularly as they may have become inoperative.

“The actual material tanks are made of should be considered before purchase. Steel ones are much more difficult for thieves to drill through – or carry away.

“Owners could also consider installing secure cages around the tanks.

“Daily checks of oil tank gauges should be made. Technology is also available that sends text messages to multiple mobile phones if there is an unexpected drop in oil levels. Additionally, there are alarms that continually monitor levels using ultrasonics and sound-off when they suddenly drop.

“Home insurance does not always cover theft or damage to oil tanks, so it is important that property owners seek advice from an insurance broker to check adequate cover is in place.”