Propane Industry News

Paris (Dec. 1, 2023) — The cost of support measures for the production and consumption of fossil fuels increased sharply in 2022, as countries sought to cushion the impact of surging energy prices on households and firms, according to analysis released by the Organisation for Economic Co-operation and Development (OECD) and the International Energy Agency (IEA).

The OPEC Fund for International Development (OPEC Fund) is launching new initiatives and strengthening partnerships at the UN Climate Change Conference COP28 in Dubai, United Arab Emirates. 

Cetane Associates (“Cetane”) has announced that Dead River Company has acquired Roby’s Propane Gas, a propane and distillates delivery business headquartered in West Wareham, Massachusetts. The transaction was completed on November 14, 2023.

Knowledge may be the best defense companies have against the risk of violations, accidents, injuries and legal litigation in areas regulated by FMCSA, DOT, OSHA, EPA, DOL and more. It’s also the inspiration behind the new Live Regulatory Update Service from J. J.

During the latest mid-month period, prices at Mont Belvieu, Texas, decreased as we head into winter. The posted prices decreased 6.834 cents/gal, from October mid-month to November mid-month, and the spot prices decreased 7.25 cents. Conway, Kan., postings decreased 8.833 cents/gal, and spots decreased 7.625 cents over the month.

Canada's primary underground propane inventories increased by 1.56% in November, according to the Canada Energy Regulator. The total represented a month-to-month increase of 27.9 Mcm. Compared to a year earlier, stocks were lower, with 73.7 Mcm, or 3.89%, less product on hand. 

Farmington Hills, Mich. (Nov. 14, 2023) — Mary Aufdemberg, general manager of product strategy and market development for Daimler Trucks North America (DTNA), will deliver the Green Truck Summit keynote address at Work Truck Week on March 5, 2024.

Dallas (Nov. 3, 2023) — Energy Transfer LP announced the completion of its previously announced merger with Crestwood Equity Partners LP. The merger was approved by Crestwood unitholders at its special meeting of unitholders held on Oct. 30, 2023. Effective with the opening of the market on Nov. 3, 2023, Crestwood’s common units and preferred units ceased trading on the New York Stock Exchange.

Houston (Nov. 8, 2023) — Stuart Steel Protection (SSP) has agreed to acquire the assets of Colorado-based energy manufacturing supplier Northwestern Cathodic (NWCAT) in a move that will double the company's workforce and geographic scope.

NWCAT specializes in providing cathodic protection materials and services for utilities, propane, onshore oilfield production equipment, vessels and tanks with locations in Grand Junction, Colorado, and Greenville, South Carolina.

Jefferson City, Mo. (Nov. 6, 2023) — The Missouri Propane Gas Association (MPGA) has announced its board of directors ahead of the new year. The recognition took place during the organization’s fall board meeting in Jefferson City. Local representatives serving on the MPGA board of directors are: 

Association Officers 

Executive Committee (terms expire July 2026) 

In its monthly update to its Winter Fuels Outlook, EIA expects that winter heating prices for U.S. households will stay flat or decrease this season, dependent on the households’ regions and the main fuels they use for heating.

NATIONAL — The U.S. Energy Information Administration (EIA) expects global liquid fuels production to increase by 1 million barrels per day next year. EIA expects OPEC+ production cuts will remain in place through the end of 2024 and offset non-OPEC production growth. EIA expects a slight decline in global oil inventories in early 2024.

Londonderry, N.H. (Nov. 9, 2023) — DDA Transport introduced six propane-fueled straight trucks to its fleet, joining a growing number of USPS mail contractors that trust propane vehicles to reliably deliver the mail across the country.

Uncasville, Conn. (Nov. 1, 2023) — Eastern Energy Expo (EEE) announced that the 2024 Expo will be held May 19-22, 2024, at Mohegan Sun, Uncasville, Connecticut. Sponsorships and exhibit space are now available at easternenergyexpo.com.