The United States Energy Information Administration (EIA) forecasts that a variety of U.S. energy prices will remain historically high through 2023, including oil, natural gas, coal and electricity, according to EIA’s June 2022 "Short-Term Energy Outlook (STEO)".
During the latest mid-month period, posted prices at Mont Belvieu continued to decrease in the summer, while spots rose. The posted prices decreased 2.667 cents/gal, from May mid-month to June mid-month while the spot prices increased 3.625 cents. Conway, Kan., postings ended with a 2.95-cent decrease and spots increased 2 cents over the month.
WASHINGTON (June 20, 2022) — The Propane Education & Research Council (PERC) is hosting a new webinar focused on Forklift Safety as part of its Propane Presents Technology Series beginning at 2 p.m. Eastern on Thursday, June 23.
Canada's primary underground propane inventories increased by 60.33% in June, according to the Canada Energy Regulator. The total represented a month-to-month increase of 336.4 Mcm. Compared to a year earlier, stocks were lower, with 225.5 Mcm, or 20.14%, less product on hand.
SILER CITY, N.C. (June 16, 2022) — Sharp Energy Inc., a division of Chesapeake Utilities Corporation, has completed the acquisition of the Siler City, North Carolina, propane distribution business from Davenport Energy Inc. of Chatham, Virginia.
TORONTO — Superior Plus Corp. has published its second Sustainability Report which outlines its established environmental, social and governance (“ESG”) practices. The report includes insight into Superior’s 2021 operations and future milestones, and the Sustainability Report is available here.
WINSTON-SALEM, N.C. (June 15, 2022) — Blue Rhino announced the expansion of its home delivery service to the Phoenix, Arizona, area. In addition to purchasing or exchanging for a ready-to-grill tank at any of the dozens of convenient local exchange locations, Phoenix-area residents can avoid an extra trip to the store by choosing to have a fresh, cleaned and leak-tested Blue Rhino tank or two dropped off at their front doorstep.
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.”
Valley Forge, Pa. (June 13, 2022) — In partnership with the National Propane Gas Association (NPGA), UGI Corporation announced that Michelle Bimson Maggi, vice president of law — AmeriGas, has been appointed the first woman to chair NPGA.
Dover, Del. (June 9, 2022) — Chesapeake Utilities Corporation announced that Sharon Grant joined the company as assistant vice president and diversity officer, effective June 6.
Flanders, New Jersey (June 6, 2022) — Advanced Digital Data Inc. shares the sad news of the passing of Mark Collins, ADD Systems vice president of ADD South.
WOOD DALE, Ill. (June 02, 2022) — Power Solutions International Inc. announced that its current chief technical officer, C. (Dino) Xykis, was appointed by the company’s board of directors to the additional role of interim CEO, effective June 1. Xykis succeeds Lance Arnett, who resigned from the company, effective May 31, to pursue other interests.
KENT, Conn.
Ditech Testing has announced the appointment of its new president, Jacques Lirette.
WHIPPANY, N.J. (June 1, 2022) — Suburban Propane Partners L.P. announced an agreement to construct, own and operate a new biodigester system with Adirondack Farms in Clinton County, New York, for the production of renewable natural gas (RNG).
CHICAGO (May 27, 2022) — According to the new market research report by MarketsandMarkets, the “Portable Generator Market by Fuel (Gasoline, Diesel, Natural Gas, Others), Application (Emergency, Prime/Continuous), Power R
TORONTO — Superior Plus Corp. announced it has closed the previously announced acquisition of the retail propane and refined fuels distribution assets of Quarles Petroleum Inc. The US$144 million purchase price (before working capital adjustments) was paid with funds drawn from Superior’s existing credit facility.
KENT, Conn. (May 26, 2022) — Cetane Associates LLC announced that Barrett Conway has been promoted to director.
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).
Canton, Mass. (May 19, 2022) — The deadline for submitting information to the 2022 Gray, Gray & Gray Energy and Propane Survey is fast approaching. Complete the survey online here. Deadline for submission is June 15, 2022.
CALGARY, Alberta (May 19, 2022) — The Canadian Propane Association (CPA) announced the winners of its top industry awards at its 2022 Leadership Summit.
Kansas City, Mo.
