Ray Murray Inc. (RMI) has announced the appointment of Jeff Hopsicker as vice president and minority owner. Hopsicker joins RMI after a decade of investment banking experience and has served as a member of RMI’s Board of Directors since November 2019.
Jeff Landry (Louisiana) and Chris Sununu (New Hampshire) recently unveiled a new coalition to support smart state energy policies, including principally the policy of energy choice. According to the press release, “The Governors’ Coalition for Energy Choice will help state leaders formulate smart energy policies that will benefit working families, businesses, and our communities.”
The Propane Education & Research Council (PERC) announced the launch of a new book by President and CEO Tucker Perkins, titled “Path to Zero: 12 Climate Conversations That Changed the World.” In this book, Perkins endeavors to showcase “pivotal discussions with global experts on climate change and sustainable energy solutions.”
West Palm Beach, FL (Sept. 25, 2024) — Blue Peak Resources, a merger and acquisitions consulting firm, announced the sale of Freedom Propane, Red Hook, New York, to Combined Energy Services of Monticello, New York.
Canada's primary underground propane inventories increased by 6.2% in September, according to the Canada Energy Regulator. The total represented a month-to-month increase of 98 Mcm. Compared to a year earlier, stocks were higher, with 15.5 Mcm, or 0.9%, more product on hand.
Propane storages in the West started September a bit higher at 1149.6 Mcm, which corresponds to 7.2 MMbbl, the agency reported. From August to September, volumes increased by 16.5 Mcm, or 1.5%, and were 137 Mcm more the year prior's level of 1012.6 Mcm.
From the NPGA Bobtail newsletter.
San Mateo, CALIF. — 27 Aug, 2024 — FleetPanda, a petroleum dispatch platform, has announced a strategic partnership with Mansfield Energy, one of the nation's largest energy suppliers and logistics providers. This collaboration brings together FleetPanda's dispatch technology with Mansfield Energy's extensive fuel distribution network.
Last week, the Western Propane Gas Association (WPGA) filed a lawsuit in state court against the California Air Resources Board (CARB) in regards to the agency’s Zero-Emission Forklift Rulemaking, which was approved in June. This new CARB regulation will prohibit the production and sale of large, spark-ignited (LSI) forklifts for the California market, and require the early retirement of LSI forklifts currently in operation. Both the ban on new sales and the early retirement mandate will affect propane-powered forklifts and the businesses who rely on them.
