You should see what a builder tried to pull off in Silverton, with an LPG tank in the basement of a new multiple unit apartment building. Fire chief caught him, and now the units are getting safe and clean electrical heat. They are not all slack jawed ignorant yokels here. ;^)
The old kerosene stoves are most of them rusted out by now, the burners being made of sheet steel. Good thing too. Modern oil furnaces use a spring loaded valve with a threaded stem, and a handle that melts at a low temperature. When things get hot, the center of the handle melts, the stem pops into the valve, and the oil supply is shut off.
Earle