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BPN Staff

Compiled by BPN Staff

 

  • Feature Articles

    Phelps Sungas Acquired By Superior Plus Corp.

    NEW YORK (March 26, 2019) — Superior Plus Corp. (“Superior”) (TSX:SPB) has announced it has entered into an agreement to acquire substantially all of the propane distribution assets of Phelps Sungas, Inc. and BMK of Geneva, Inc. (“Phelps”), a leading, independent propane distributor in upstate New York serving residential and commercial customers since 1939. The Acquisition is anticipated to close during the second quarter of 2019, subject to the satisfaction of certain customary commercial conditions. Phelps Sungas is an established independent propane marketer which has operated in the state of New York for 80 years. The Acquisition is anticipated to add approximately 8,600 residential and commercial customers and 8.5 million gallons (32 million litres) of retail propane and distillate sales to Superior’s Energy Distribution operations...
  • Feature Articles

    Propane Plays Critical Role In California Clean Air Now Legislation

    SACRAMENTO, CA (March 21, 2019) – California Clean Air Now, joined by legislative authors Senator Cathleen Galgiani (D-Stockton), Assembly Member Sharon Quirk-Silva (D-Orange County) and Assembly Member Patrick O’Donnell (D-Long Beach) today at the State Capitol, introduced a series of bills designed to ensure California meets its current clean air goals through the use of proven technologies and available clean-air solutions, including: • SB 216 (Galgiani) – Used Truck Exchange Program • AB 1115 (Quirk-Silva) – Fuel Neutral Protections for LCFS • AB 1406 (O’Donnell) – Fuel Neutral Protections for the Alternative and Renewable Fuel and Vehicle Technology Program (ARFVTP) “Every year California, according to the American Lung Association, consistently ranks as having the worst air pollution in the country, while spending billions of dollars...
  • Feature Articles

    4th Straight Year Of Record-Setting Forklift Sales

    Forklift sales in the North American market continue their unprecedented rise, with 2018 marking the fourth consecutive year of historic growth, reports the Industrial Truck Association (ITA). More than a quarter-million units were sold, marking a 2.8% increase over 2017. “All five truck classes exhibited growth in 2018, representing diverse demand across production lines,” said Scott Johnson, chairman of the ITA board of directors and vice president of marketing and sales at Clark Material Handling Co. (Lexington, Ky.). Year-end forklift sales of 260,180 units included electric rider trucks, Class 1 and Class 2 combined; motorized hand trucks, Class 3; and internal combustion- powered trucks, Class 4 and Class 5 combined. Electric and internal combustion truck sales grew at similar rates, showing annual increases of 2.8%...
  • Feature Articles

    Ferrellgas Partners Acquires Missouri’s Reliable Propane

    Ferrellgas Partners LP (Overland Park, Kan.) said March 1st it had acquired Reliable Propane, a third-party Blue Rhino distributor based in Sikeston, Mo. The transaction is expected to be immediately accretive. Ferrellgas said the acquisition is further evidence of its longstanding commitment to growing its core propane business. Terms of the deal were not disclosed. Reliable Propane is a longtime independent distributor for Blue Rhino, Ferrellgas’s cylinder exchange subsidiary, delivering to retail partners in the Midwest and South from locations in Spring- field, Mo.; Starkville, Miss.; Olive Branch, Miss.; and Benton, Ark. The acquisition is aimed at growing the Blue Rhino segment and identifying ways to improve operational efficiencies and lower production and delivery expenses. Ferrellgas previously acquired independent Blue Rhino distributors American Propane (Oklahoma...
  • Feature Articles

    Natural Gas Processing Capacity Rises in Lower 48 Production Areas

    U.S. natural gas processing capacity has increased in recent years, and both capacity and throughput show a net increase of about 5% in the Lower 48 states between 2014 and 2017, based in Energy Information Administration (EIA) estimates. Growth was largely concentrated in areas of high natural gas production growth, such as the Appalachian Basin in the Northeast, the Permian Basin in West Texas and southeastern New Mexico, and the Haynesville Shale in Texas and Louisiana. State-by-state changes in processing plant capacity and throughput do not correlate perfectly with changes in natural gas production, notes EIA, despite the link between the two. In regions where infrastructure is already well developed, such as along the Gulf Coast, new processing capacity may not be necessary to accommodate...
  • Feature Articles

    U.S. Shale Growth Could Offset Venezuela Shortfall

    The continued strong growth of U.S. shale oil will soften the blow from the recent U.S. sanctions on Venezuela’s state-owned oil company, Petróleos de Venezuela SA (PDVSA; Caracas), says the International Energy Agency (IEA) as it once again raised its estimates for non-OPEC supply on the back of robust U.S. shale flows, reports S&P Global Platts. The Paris-based IEA, a market watchdog, also trimmed its forecast for OPEC crude oil demand this year, but nonetheless kept its growth estimate for demand in 2019 unchanged at 1.4 MMbbld. However, U.S. liquids output is forecast to rise by 1.52 MMbbld this year, consolidating the nation as the world’s biggest oil producer with average production hitting nearly 17 MMbbld, IEA said in its latest monthly oil market report....
  • Feature Articles

    NPGA and PERC Welcome New Leadership

    Kevin Boland has been named communications director for the National Propane Gas Association (NPGA; Washington, D.C.) . Most recently, he worked on Capitol Hill as communications director for Congresswoman Kay Granger (R-Texas) in the 115th Congress, handling her congressional and defense appropriations media portfolio. Boland had also been a member of Speaker John Boehner’s (R-Ohio) staff, serving in a variety of roles that included special assistant to the speaker, assistant communications director, and assistant press secretary. This followed his time as a senior associate at the Glover Park Group, a public relations and government affairs firm headquartered in D.C. Michael Newland was welcomed as the new director of agriculture business development at the Propane Education & Research Council (PERC) with the promotion of Cinch Munson...
  • Feature Articles

    EPA Extends Application Deadline For Clean Diesel Funding To March 26

    The U.S. Environmental Protection Agency (EPA) anticipates awarding approximately $40 million in competitive grant funding for the Diesel Emissions Reductions Act (DERA) Clean Diesel Funding Assistance Program. The Program is soliciting applications nationwide for projects that achieve significant reductions in diesel emissions in terms of tons of pollution produced and exposure, particularly from fleets operating in areas designated by the Administrator as poor air quality areas. Eligible fleets include regional, state, local or tribal agencies/consortia or port authorities with jurisdiction over transportation or air quality and nonprofit organizations or institutions that represent or provide pollution reduction or educational services to persons or organizations that own or operate diesel fleets or have the promotion of transportation or air quality as their principal purpose. Private companies or...
  • Products

    Propane Products “In The News”

    Some new items of special interest to propane marketers will be on display at the Hearth, Patio & Barbecue Expo (HPBExpo) in Dallas, March 14-16. The following are just a few of the items that will be shown. GRILLS. AEI Corp. has introduced the PGS Legacy quick-ship grill/island program. The PGS Legacy Newport 30-in. grill and Pacifica 39-in. grill are integrated into the all-aluminum Gensun designer islands with durable cast aluminum tops. The PGS commercial grade Legacy grills feature the exclusive PGS Fuel Stop (patent pending) one-hour gas shut-off timer for added safety, especially in multi-family installations and commercial use. According to the company, it is the first to offer this type of timer on a grill. www.aeicorporation.com FIREFALL. The Firefall collection from American Fyre...
  • Feature Articles

    EDP Welcomes Two New General Managers

    (March 1, 2019) Chicago, Illinois-based Energy Distribution Partners (“EDP”) is pleased to announce two new general managers for the following: Lloyd Pope has joined the company as General Manager for Dassel’s Petroleum , which serves residential, commercial and agricultural customers across California’s Central Coast, the Bay Area, and Central San Joaquin Valley from offices in Hanford and Hollister. In addition to maintaining the current residential and agriculture markets in the service areas, Pope is responsible for growing the company across all of its business segments. Dassel’s was acquired by EDP in 2016. Now in his 38th year in the industry, Pope’s experience has covered the Western United States. He began his industry career as a bobtail driver in Montana, working for Cal-Gas, and later worked...