Propane Industry News

Canton, Mass. (July 26, 2021) — Carl Kaplan, a veteran of the natural gas, propane and fuel oil distribution industry, has been named manager of business development at Gray, Gray & Gray, LLP.

The United States Department of Labor announced a final rule to rescind an ea

Global energy and commodity price reporting agency Argus has launched 10 new freight price assessments for tankers transporting liquefied petroleum gas (LPG). These prices are a response to market demand for greater transparency in the growing and increasingly complex global trade in LPG, which comprises butane and propane.

The Baker Hughes United States Rig Count is up seven from last week to 491, with oil rigs up seven to 387, gas rigs unchanged at 104, and miscellaneous rigs unchanged at zero.

WASHINGTON (July 21, 2021) — The United States Consumer Product Safety Commission has recalled a Harbor Freight Tools propane product due to burn hazards. Find out more information about the recall below. 

FLANDERS, N.J. — Advanced Digital Data, Inc. (ADD Systems) announced that Gregg Lounsbury, software application specialist, has retired after 20 years with ADD Systems.

The Baker Hughes United States Rig Count is up five from last week to 484, with oil rigs up two to 380, gas rigs up three to 104, and miscellaneous rigs unchanged at zero.

HOUSTON – Trafigura Trading LLC, a wholly-owned, indirect United States subsidiary of Trafigura Group Pte Ltd, together with Haddington Ventures LLC have acquired NGL Energy Partners LP’s 71.5% interest and associated assets in Sawtooth Caverns LLC for approximately $70 million. Trafigura and Haddington Ventures now own Sawtooth as a 50:50 joint venture company.

Martinsburg, Penn. – Curry Supply Company announced it has named Christopher Rearick sales manager in the Northeast region. Rearick is a sales veteran who will be responsible for the distribution and sales of Curry Supply’s products and services throughout the Northeast. Within his day-to-day operations, Rearick will oversee all aspects of direct and indirect sales across Maine, Vermont, New Hampshire, New York, Massachusetts, Connecticut, and Rhode Island.

FREDERICK, Md. (July 16, 2021) — ThompsonGas, headquartered in Frederick, Maryland, announced the acquisition of Ultra Energy located in Hammond, Wisconsin. 

Canton, Mass. (July 14, 2021) —  Gray, Gray & Gray LLP has announced the promotion of five team members to new positions:

SAN DIEGO (July 14, 2021) — Oberon Fuels, a producer of ultra-low carbon, renewable dimethyl ether (rDME) transportation fuels, announced that propane industry executive and advocate Cinch Munson has joined the team as vice president of commercial development. The appointment comes as Oberon has begun commercial production of rDME and is expanding market development across North America and around the world.

OMAHA, Neb. — TransWood, a privately-owned trucking company specializing in liquid and dry bulk transportation, announces the purchase of Jensen Transport of Minnesota. Jensen has been a long-time tank truck carrier in Minnesota and the surrounding geography hauling bio-fuels, anhydrous ammonia and liquified petroleum gas.

TORONTO — Superior Plus Corp. has announced that one of its wholly-owned subsidiaries has entered into an agreement to acquire the equity interests of Kamps Propane Inc., High Country Propane Inc., Pick Up Propane Inc., Kiva Energy Inc., Competitive Capital Inc. and Propane Construction and Meter Services (collectively, “Kamps”) for an aggregate purchase price of approximately US $240 million (CDN $299 million) before adjustments for working capital.

The Baker Hughes United States Rig Count is up four from last week to 479, with oil rigs up 2 to 378, gas rigs up two to 101, and miscellaneous rigs unchanged at zero.

SANTA ROSA (July 12, 2021) – Blue Star Gas was named Kohler’s Dealer of the Year – West Region, a distinction given based on company sales, a commitment to service, a respectable reputation in their community, and a willingness to go the extra mile for end users. Blue Star Gas—a Titanium Kohler generator dealer—was selected from a pool of over 650 dealers in the West Region.

Canton, Mass. (July 14, 2021) — Bill Constantopoulos has been promoted to Sage Intacct and advisory practice director at Gray, Gray & Gray LLP, a certified public accounting and advisory firm based in Canton, Massachusetts. Constantopoulos previously served as manager in the Sage Intacct & Advisory Practice. He directs the design, transition and implementation process for clients who adopt the Sage Intacct accounting system.

The Baker Hughes International Rig Count is up eight rigs from last month to 758, with land rigs up one to 572 and offshore rigs up seven to 186.

EIA forecasts United States retail sales of electricity will increase by 2.8% in 2021, led by a 5.1% increase in sales to the industrial sector.

DUBLIN (July 07, 2021) — The "Alternatively Powered Commercial Vehicles: Global Fuel Markets 2021-2026"