Propane Industry News

TORONTO (June 29, 2023) — Superior Plus Corp. published its third Sustainability Report. The report outlines Superior’s established environmental, social and governance (ESG) practices and includes insight into the company’s 2022 operations and future milestones. The Sustainability Report is available here.

WHIPPANY, N.J. (June 23, 2023) — Suburban Propane Partners L.P., a nationwide distributor of propane, renewable propane, renewable natural gas, fuel oil and related products and services, as well as a marketer of natural gas and electricity and investor in low carbon fuel alternatives, joined Kids to Love, a nonprofit 501c3 state-licensed organization serving hundreds of thousands of Alabama children living in foster care, by providing clothing, holiday gifts, scholarships and essential supplies.

Independence Propane, headquartered in Green Lane, Pennsylvania, has hired John Cepiel as director of sales.

Cepiel brings over 25 years of propane industry experience to the southeastern Pennsylvania company, which opened for business in 2012.

Space heating continued to be the top energy-consuming end use in United States homes in 2020, according to the "Residential Energy Consumption Survey" (RECS). Heating homes accounted for 42% of energy consumption in the residential sector. Space heating in U.S. households cost $519 on average. Energy consumption and expenditures varied across the country, depending on the climate and energy source used.

Canada's primary underground propane inventories increased by 10.49% in June, according to the Canada Energy Regulator. The total represented a month-to-month increase of 75.2 Mcm. Compared to a year earlier, stocks were lower, with 83.9 Mcm, or 9.58%, less product on hand. 

During the latest mid-month period, prices at Mont Belvieu, Texas, decreased as we head into summer. The posted prices decreased 8.083 cents/gal, from May mid-month to June mid-month while the spot prices decreased 8 cents. Conway, Kan., postings ended with a 9.25-cent decrease and spots decreased 9.25 cents over the month.

Suburban Propane Partners L.P., a nationwide distributor of propane, renewable propane, renewable natural gas, fuel oil and related products and services, marked World Caring Day with a series of clean-up initiatives across the nation, geared toward cleaning up open spaces, beachfronts, parks and more.

Canada's primary underground propane inventories increased by 45.4% in June, according to the Canada Energy Regulator. The total represented a month-to-month increase of 223.9 Mcm. Compared to a year earlier, stocks were higher, with 159.5 Mcm, or 28.6%, more product on hand. 

Dallas, Texas (May 30, 2023) — Rochester Sensors LLC, a designer and manufacturer of liquid level sensors and gauges, announced it has acquired the stock of Tekelek Europe Limited.

The acquisition of Tekelek is part of a multi-year strategy to expand Rochester’s technical portfolio and footprint to create a global, diversified liquid level sensor business. Rochester has now acquired four companies in the liquid level sensor space.