Energy Distribution Partners (EDP) has announced the acquisition of High Grade Gas Service, which is headquartered in Stafford Springs, Connecticut. This transaction marks EDP’s first operation in the state, further expanding the company’s footprint into the Northeast.
A third-generation, family-run business, High Grade Gas Service was founded in 1957 and has been owned by the Aiken family for the entirety of its 65 years in business.
Legacy Energy Consulting announced it recently facilitated the successful sale of Reliance Propane Service, based in Oroville, California, to ThompsonGas LLC, headquartered in Frederick, Maryland.
Reliance Propane was started by Scott and Carolyn Steele in 1990 and has serviced the northern California communities of Oroville, Paradise, Chico, Marysville, Yuba City, and Williams for more than 30 years.
WASHINGTON (Nov. 15, 2022) — A new incentive program is available for manufactured housing retailers from the Propane Education & Research Council (PERC). The new incentive program, the Manufactured Housing Retailer Incentive Program, encourages manufactured housing retailers to work with their clients to include clean, reliable, and efficient propane appliances in homes.
WINSTON-SALEM, N.C. (Nov. 11, 2022) — Blue Rhino announced another expansion of its home delivery service, this time to the Fort Myers, Florida, area. In addition to purchasing or exchanging for a ready-to-grill tank at any of the dozens of convenient stores that offer Blue Rhino propane, Fort Myers residents can now have a fresh, cleaned and leak-tested Blue Rhino tank or two delivered directly to their front door.
During the latest mid-month period, prices at Mont Belvieu, Texas, increased as we get closer to winter. The posted prices increased 3.5 cents/gal from October mid-month to November mid-month, while the spot prices increased 1.375 cents. Conway, Kansas, postings ended with a 3.05-cent increase and spots increased 0.75 cents over the month.
The United States Energy Information Administration (EIA) expects that low inventories of distillate fuels, which are primarily consumed as diesel fuel and heating oil, will lead to high prices through early 2023.
According to EIA’s November "Short-Term Energy Outlook" (STEO), diesel prices will remain higher than $5 per gallon the remainder of the year, and bills for homes that use heating oil will increase by 45% this winter season compared with last winter.
(Newport, New Hampshire) — Eastern Propane & Oil, a family-owned business since 1932 serving over 100,000 customers throughout New England, has added to the family with the recent acquisition of Goodrich Oil & Propane in Newport, New Hampshire.
Canada's primary underground propane inventories increased by 2.93% in November, according to the Canada Energy Regulator. The total represented a month-to-month increase of 53.9 Mcm. Compared to a year earlier, stocks were lower, with 108.6 Mcm, or 5.42%, less product on hand.
ST. PAUL, Minn. (Nov. 14, 2022) — CHS Inc., announced the appointment of Megan Rock as vice president, sustainability and innovation and chief sustainability officer (CSO). She is responsible for developing and executing sustainability and innovation strategies across the $48 billion enterprise.
Global Gas announced that Connor Alexander has rejoined the company after completing his MBA at Texas Christian University. Alexander will be located on the East Coast, assuming the role of manager of business development.
Neenah, Wis. – J. J. Keller & Associates Inc. is excited to offer a new way for industry professionals to access and engage with its regulatory knowledge and expertise.
ATLANTIC CITY, NJ – Eastern Energy Expo has announced that the 2023 Expo will be held May 21-24, 2023, at the Atlantic City Convention Center, Atlantic City, New Jersey. Sponsorships and exhibit space are now available at easternenergyexpo.com.
KENT, Conn. (Nov. 3, 2022) — Cetane Associates LLC announced that Tevis Energy Inc., a Maryland corporation, has acquired certain assets related to the operations of Heaps Oil Company Inc., a full-service distillates delivery business located in Whiteford, Md. The transaction closed on Oct. 27, 2022.
(Nov. 2, 2022) – Rye Brook, New York-based Paraco Gas has entered into a strategic partnership with New York-based Thuesen Mechanical to deliver heating, ventilation and air conditioning (HVAC) services to customers in Westchester, New York and Fairfield, Connecticut.
WYOMING, MINNESOTA (Nov. 2, 2022) — Lakes Gas, headquartered in Wyoming, Minnesota, announced it has acquired the propane operations of Hohl’s Propane in Baraboo, Wisconsin. This transaction is Lakes Gas’ third acquisition of 2022.
WASHINGTON (Nov. 2, 2022) — The Propane Education & Research Council (PERC) is partnering with Colorado State University (CSU) and 2G Energy to examine decarbonized district energy systems with renewable propane-powered combined cooling heat and power (CCHP).
KENT, Conn. (Oct. 27, 2022) — Cetane Associates LLC announced that Dead River Company of South Portland, Maine, has acquired the full service propane and heating oil delivery business and HVAC business of Charlie Burnham Energy & Heating Service, based in Freeport, Maine. The transaction closed on Oct. 12, 2022.
WASHINGTON (Nov. 1, 2022) — After a nationwide search for the best and brightest sustainable school-improvement ideas, three students have been selected as the winners of the Propane Education & Research Council’s (PERC) “Be Like Jack” sustainability contest. Each student won $2,000 for their school to implement their sustainable idea, and one grand-prize winner has earned a visit from The Space Gal, Emily Calandrelli, for a science assembly.
CANTON, GA (Oct. 18, 2022) — Cherokee County will put the first propane-powered public transit buses in the state of Georgia in service next week following a ribbon cutting held Tuesday at the Cherokee County Administrative Offices.
COLUMBUS, Ind. (Oct.
Neenah, Wis. — Over 90% of respondents said they often or sometimes have issues with their employees following proper personal protective equipment (PPE) protocols. This eye-opening statistic was revealed in a recent J. J. Keller Center for Market Insights study on PPE pain points.
Underlying factors that contributed to PPE noncompliance were lack of adequate sizing, heat stress, and supply chain disruptions.
Key Study Findings
Canada's primary underground propane inventories increased by 5.14% in October, according to the Canada Energy Regulator. The total represented a month-to-month increase of 90 Mcm. Compared to a year earlier, stocks were lower, with 182.2 Mcm, or 9.01%, less product on hand.
