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.
NEENAH, Wis. (Nov. 1, 2023) — J. J. Keller & Associates Inc., a provider of safety and regulatory compliance solutions across North America, is celebrating 70 years in business today.
Founded on November 1, 1953, by World War II Veteran John J. (Jack) Keller, J. J. Keller & Associates Inc. started as a one-man consulting firm specializing in transportation regulations for motor carriers. Over the years, the company has grown exponentially, expanding its expertise and solutions to address regulatory complexities for a wide range of industries.
NPGA has established a legal action fund to proactively combat recent government restrictions on gas equipment. Ongoing legal battles that have put a strain on the propane industry led the NPGA Executive Committee to devote significant, long-term resources to advocating for the industry's interests.
New York (Oct. 12, 2023) — Reichman Jorgensen Lehman & Feldberg LLP (RJLF) has filed suit on behalf of a coalition of businesses and workers challenging the New York State ban on gas appliances and infrastructure in most newly constructed buildings beginning Dec. 31, 2025.
Canada's primary underground propane inventories increased by 8.17% in October, according to the Canada Energy Regulator. The total represented a month-to-month increase of 135.3 Mcm. Compared to a year earlier, stocks were lower, with 47.7 Mcm, or 2.59%, less product on hand.
Valley Forge, Pa. (Oct. 12, 2023) — UGI Corporation announced that Jason Rich has been appointed vice president and treasurer, effective immediately.
New York (Oct. 18, 2023) — Firmament, a provider of structured equity capital solutions to small- and medium-sized enterprises, has made a strategic investment in Matador Gas, one of the leading retail propane distributors and standby generator service providers. This partnership underscores Firmament's commitment to supporting leaders in the environmental services sector and propelling the growth of reliable energy solutions.
Westport Fuel Systems Inc. announced it will release financial results for the third quarter of 2023 on Tuesday, November 7, 2023, after market close. A conference call and webcast to discuss the financial results and other corporate developments will be held on Wednesday, November 8, 2023.
Time: 10:00 a.m. ET (7:00 a.m. PT)
Dial-in: 1-416-764-8688 or toll-free at 1-888-390-0546
Webcast: https://investors.wfsinc.com
During the latest mid-month period, prices at Mont Belvieu, Texas, decreased as we head deeper into fall. The posted prices decreased 7.667 cents/gal, from September mid-month to October mid-month, and the spot prices decreased 8.75 cents. Conway, Kan., postings decreased 8.874 cents/gal, and spots decreased 10.5 cents over the month.
California Gov. Gavin Newsom signed landmark legislation, Assembly Bill 1172, on October 7, 2023.
