Propane Industry News

(April 16, 2021) — The Baker Hughes United States Rig Count is up seven from last week at 439, with oil rigs up seven to 344, gas rigs up one to 94, and miscellaneous rigs down one to one.

TORONTO — Superior Plus Corp. announced it has published its inaugural Sustainability Report, which outlines its established environmental, social and governance practices.

The report includes insight into Superior’s 2020 operations and future milestones, and the Sustainability Report is available here.

Brookneal, Virginia — As part of its FosterGives initiative and the company's centennial celebration, Foster Fuels and the Watt Foster Family Foundation will be awarding 100 scholarships to its customers as part of a one-time scholarship giveaway. Applications are being accepted now through May 31, 2021.

Ocean Springs, Miss. (April 20, 2021) — Seventy years ago, Blossman Gas, a full-service company that provides everything from propane delivery to appliance sales, installation, and service, was founded by Woodrow “Woody” Blossman in Ocean Springs, Mississippi. Within the first 20 years of Blossman going into business, the company went from one store in Ocean Springs to fourteen stores spanning three different states in the southeast.

KENT, Conn. (April 15, 2021) — Cetane Associates LLC announces a 15-year milestone of providing expert financial advisory services to business owners in the retail energy distribution industry. With the advice and guidance provided by Cetane, hundreds of retail energy business owners have successfully accomplished their transition goals.

KANSAS CITY, Mo. — The Federal Reserve Bank of Kansas City released the first quarter Energy Survey today. According to Chad Wilkerson, Oklahoma City branch executive and economist at the Federal Reserve Bank of Kansas City, the survey revealed that Tenth District energy activity continued to increase moderately.

DUBLIN (April 12, 2021) — The "Global LPG Market - Forecasts from 2021 to 2026" report has been added to ResearchAndMarkets.com's offering.

Canton, Mass. (April 20, 2021) — Gray, Gray & Gray LLP, a consulting and accounting firm serving the fuel oil and propane industry, has opened its annual Propane Industry Survey. The survey is available online here.   

MARTINSBURG Pa. (April 2021) — In a move to strengthen Curry Supply’s footprint in its Great Lakes Region sales territory, the company has named John Brun, a West Virginia resident, as a regional sales manager. Brun will apply his experience in the heavy equipment industry to better serve the company’s valued customers located in Indiana, Michigan, Ohio and Western Pennsylvania.

The Baker Hughes United States rig count is up two from last week at 432, with oil rigs unchanged at 337, gas rigs up two to 93, and miscellaneous rigs unchanged at two.

Charleston, S.C. (April 12, 2021) — On April 5 and April 12, Suburban Propane Partners, L.P. teamed up with Tanger Outlets and the Charleston Riverdogs Minor League Baseball Organization, to shop and package clothing, shoes, face masks, plush toys and other essentials for children ages 5-18 for the Lowcountry Orphan Relief, a nonprofit organization that provides goods and services to children who have been abused or neglected.

LEWISTOWN, Mo. (March 25, 2021) — Lewis County C-1 School District in northeast Missouri has taken a big step forward to substantially reduce harmful emissions and costs by adding four propane autogas school buses to its fleet. 

The district purchased four 2022 IC Bus propane buses in fall 2020, which operate on regular routes that span 410 square miles and five counties.

NATIONAL — Otodata Technologies USA is pleased to announce it has acquired Wise Telemetry, a provider of remote monitoring devices and services for the industrial gas industry.

Founded in 2008, Otodata designs, develops, and manufactures remote level monitoring products and technologies for a variety of industries. Otodata's monitoring software allows users to monitor their tanks remotely, providing insightful, real-time data to drive asset and labor productivity in their business.

The Propane Education & Research Council (PERC) announced the Boston/Cape Cod KOA Campground as 2020’s Commercial Propane Project of the Year, an annual contest that recognizes the best residential and commercial projects being powered by propane. The campground is a popular tourist destination for people visiting Boston, Cape Cod and Southeast Massachusetts.

ThompsonGas, headquartered in Frederick, Maryland, announced the acquisition of certain bulk propane assets of Airgas USA LLC, located in Maryland, Southeastern Pennsylvania and West Virginia. “This acquisition is important to us as it strengthens our footprint around where this all began 75 years ago.” said Jeff Kerns, chief executive officer. “We are happy to gain talented employees that we can give the tools and guidance to continue to grow our service area.

Matrix Capital Markets Group Inc. announced that David Corbett, CFA, has joined the firm as a director of the company’s downstream energy and convenience retail investment banking group, and Kyle Tipping has been promoted to associate. Corbett has more than 15 years of experience advising companies in the downstream energy and multisite retail sectors, including convenience retailing, petroleum marketing and distribution, propane distribution, heating oil distribution, lubricants distribution, and petroleum logistics.

Chesapeake Utilities Corporation announced the promotion of Cheryl Martin to senior vice president of regulatory and external affairs for the company. Martin is responsible for overseeing the corporation’s regulatory, legislative, communications and community affairs initiatives throughout several states. She is also responsible for leading the equity, diversity and inclusion (EDI) efforts throughout the organization. Martin currently serves on the Florida Natural Gas Association (FNGA) Board of Directors.

Paul DiLeo Sr., the founder of DiLeo Gas Inc., headquartered in Worcester, Massachusetts, has retired after more than 30 years of service in the propane industry. DiLeo Sr.

John William Ketchum, of Saint Charles, Missouri, passed away March 12, 2021, at the age of 74. Ketchum was the sales and marketing manager for Gas Equipment Company Inc. for 25 years. He was a member of First Baptist Church of St. Charles.

WASHINGTON, DC – The United States Department of Labor announced an initial award of $3,120,612 to the Texas Workforce Commission to provide employment and training services to communities affected by severe winter storms in February 2021. High winds, heavy snow and historically low temperatures knocked out power for millions of residents, and state officials estimate the storms led to nearly 60 deaths.    

ST. PAUL, Minn. (April 7, 2021) — CHS Inc. released results for its fiscal second quarter ended Feb. 28, 2021. The company reported a net loss of $38.2 million versus net income of $125.4 million in the same quarter in fiscal 2020. Significant year-over-year earnings increases in ag and nitrogen production segments and corporate and other businesses were offset primarily by ongoing COVID-19 pandemic-related impacts in Energy.