Ferrellgas Joins the National Propane Gas Association
Wednesday, June 15, 2022

Liberty, Mo., (June 13, 2022) — Ferrellgas Partners, L.P., one of the nation’s largest propane retailers, announced today that it is joining the National Propane Gas Association (NPGA). The Washington, D.C.-based trade organization represents approximately 2,400 companies in the U.S. propane industry.

“This is the right time for Ferrellgas to lend its expertise to our industry association,” said Chief Executive Officer and Chairman of the Board James E. Ferrell. “Ferrellgas is focused on growth, and so is the NPGA.”

 

EIA Expects Increased US Crude Oil Production, With Continued High Petroleum Prices in 2022
Thursday, May 26, 2022

NATIONAL — The United States Energy Information Administration (EIA) forecasts that U.S. crude oil production will average 11.9 million barrels per day this year and 12.8 million barrels per day in 2023, which would surpass the record average production of 12.3 million barrels per day set in 2019. Despite the increases in production, EIA expects the Brent crude oil price to remain above $100 per barrel this year, according to the agency’s May 2022 "Short-Term Energy Outlook" (STEO).

Suburban Propane & Iwatani Corporation of America Collaborate to Advance Commercial Development Opportunities in Propane & Hydrogen Markets
Thursday, May 26, 2022

WHIPPANY, N.J. (May 23, 2022) — Suburban Propane Partners L.P. and Iwatani Corporation of America (Iwatani) announced an agreement to collaborate in advancing the adoption of low-carbon alternative energy solutions across multiple applications in the propane market; including propane blended with renewable dimethyl ether (Propane+rDME). The parties have also agreed to collaborate on opportunities to advance investments in hydrogen infrastructure and transportation services in the United States.

Blue Bird Announces Price Increases for All Model School Buses
Thursday, May 26, 2022

MACON, Ga. — Blue Bird Corporation has implemented a price increase on all model school buses to offset record inflationary pressures and substantially higher costs for raw materials, transportation, and labor.

The company also continues to face supply chain disruptions exacerbated by Russia’s war in Ukraine and the lingering COVID-19 pandemic. Blue Bird's 10% price increase took effect on May 10, 2022.

Lummus & Clariant Awarded Contract for One of the World's Largest PDH Units
Thursday, May 26, 2022

HOUSTON (May 25, 2022) — Lummus Technology announced it and its catalyst partner Clariant have been awarded a major contract by Fujian Meide to supply CATOFIN technology and catalysts for a new, world-scale propane dehydrogenation (PDH) unit in Fuzhou, China. Already operating one PDH unit at its Fuzhou petrochemical complex, Fujian Meide is now building one of the largest PDH units in the world and has selected the CATOFIN process and catalysts for the project's second phase.

Mid-Month to Mid-Month: Mid-May Prices Down From April
Saturday, May 14, 2022

During the latest mid-month period, prices at Mont Belvieu decreased as we advance through the spring. The posted prices decreased by 8.334 cents/gal, from April mid-month to May mid-month, while the spot prices decreased 10.75 cents. Conway, Kan., postings ended with a 7.85-cent decrease and spots decreased 6.75 cents over the month.