Ocean Springs, Miss. (Feb. 3, 2022) Blossman Gas Inc. acquired three propane companies in 2021: Coastal Gas Services in Outer Banks, North Carolina, Dolphin Gas in Miami, Florida, and Ford’s Propane in North Myrtle Beach and Loris, South Carolina, and Bolivia, North Carolina.

Coastal Gas Services was founded in 1994; Dolphin Gas opened in 1958; and Ford’s Propane has been doing business since 1923. Blossman Gas will retain employees from each of the acquisitions.

LANCASTER, Penn. (Feb. 2, 2022) Cargas is excited to announce a new promotion on its Cargas Energy customer support team. 

Pamela Morrissey, formerly the customer support manager for the Cargas Energy business unit, is promoted to director of energy support. In her new position, Morrissey leads the company's customer and technical support teams in addressing questions and concerns about Cargas software.

FREDERICK, Md. (Feb. 1, 2022)ThompsonGas LLC, headquartered in Frederick, Maryland, announces it has been awarded $439,125 in funding for an alternative fuel vehicle and infrastructure project to reduce greenhouse gas emissions in Pennsylvania.

This grant is part of the Pennsylvania Department of Environmental Protection (DEP) wherein more than $2.7 million in Alternative Fuel Incentive Grants (AFIGs) are to be awarded to 18 cleaner fuel transportation projects statewide.

In its efforts to implement best practices in organizational development and succession management, Omega Flex has evaluated the future short and long-term needs for the success of its business at the senior levels of the organization. Omega Flex reported that the board of directors has approved the following organizational changes, which are effective immediately.

Omaha, Neb. (Jan. 18, 2022) — LGT Transport, a premier transportation and logistics provider, announced the opening of its new Baytown, Texas, facility.

The 4,100 square foot office and 20,000 square foot maintenance facility sits on 11 acres and has all the amenities drivers could need, including showers, laundry, lounge and relaxation areas, as well as a break room for meal preparation and storage.

Several local propane professionals have been elected to serve as directors and officers of the Missouri Propane Education and Research Council (MOPERC).

The Council recently installed its new leadership at the group’s winter meeting in Ridgedale. The slate was approved at the MOPERC fall meeting in Jefferson City and includes representatives from across the state who serve in various capacities.

Officers elected were:

KANSAS CITY, Mo. (Jan. 6, 2022) — Kansas City-based private equity firm Great Range Capital (GRC) has announced that it has sold Fairbank Equipment Inc. to Pfingsten Partners, a private equity firm headquartered in Chicago, Illinois. TM Capital acted as the exclusive advisor to the company in conjunction with the transaction.

During the latest mid-month period, prices at Mont Belvieu increased. The posted prices increased 14.083 cents/gal from December mid-month to January mid-month while the spot prices increased 9.625 cents. Conway, Kan., postings ended with a 14.5 cent increase and spots increased 9 cents over the month.

(Jan. 11, 2022) — The United States Energy Information Administration (EIA) forecasts that U.S. oil production will average 12.4 million barrels per day during 2023, surpassing the record high for domestic crude oil production set in 2019. In its January Short-Term Energy Outlook (STEO), EIA forecasts U.S. crude oil production will increase for nine consecutive quarters, from the fourth quarter of 2021 through 2023.

COLUMBUS, Ind. (Jan. 10, 2022) Grammer Logistics announced that it has opened a new operations terminal in the greater Houston, Texas, area. The facility is located at 2401 Independence Parkway S in La Porte, Texas.  The terminal will serve as a logistics center for Grammer’s operations and driver teams in the market, supporting the company’s strategic commitment to the Gulf Coast region.

HOUSTON (Jan. 10, 2022) — Enterprise Products Partners L.P. announced that its affiliate has entered into a definitive agreement to acquire Navitas Midstream Partners LLC from an affiliate of Warburg Pincus LLC in a debt-free transaction for $3.25 billion in cash consideration. 

KENT, Conn. (Jan. 6, 2022) — Cetane Associates LLC has announced that Sail Energy LLC of Portsmouth, New Hampshire, has acquired the assets related to the full-service propane, heating fuels, and motor fuels delivery business of the Rinker Oil Corporation, headquartered in Cuba, New York. The transaction closed on Dec. 15, 2021.

Pink Greenwell's Propane truckLisle, Ill. (Jan. 7, 2022) — Propane retailer DCC Propane LLC recently increased its footprint in the “Bluegrass State” with the acquisition of Greenwell’s Propane Gas, a propane supplier located 30 miles south of Louisville in Taylorsville, Kentucky.

Christina Armentano, Paraco GasRYE BROOK, NY. (Jan. 6, 2022) Paraco Gas has appointed Christina Armentano chief operating officer (COO) of the company. Christina previously served as executive vice president of sales, marketing and mergers and acquisitions.