Propane Industry News

According to the latest Baker Hughes Rig Count, released March 5, the United States Rig Count was up one from the previous week at 403. Oil rigs were up one to 310, gas rigs were unchanged at 92, and miscellaneous rigs were unchanged at one.
 

America’s oilfield services and equipment sector (OFS) employment fell by an estimated 10,048 jobs in February, according to preliminary data from the Bureau of Labor Statistics (BLS) and analysis by the Energy Workforce & Technology Council.

The Energy Infrastructure Council (EIC) and GPA Midstream Association have commended member companies Crestwood Equity Partners LP, Enterprise Products Partners L.P., ONEOK Inc., Western Midstream Partners, LP, and The Williams Companies, Inc. for their leadership in environmental, social, and governance (ESG) and early adoption and completion of the EIC/GPA Midstream ESG Reporting Template that was released in December 2020.

The American Petroleum Institute (API) has issued a statement from President and Chief Executive Officer Mike Sommers regarding the Senate’s vote to confirm Secretary Jennifer Granholm to lead the United States Department of Energy. Read the statement below:

Suburban Propane Partners, L.P. (Whippany, New Jersey), a nationwide distributor of propane, renewable propane, fuel oil, and related products and services, as well as a marketer of natural gas and electricity and an investor in low carbon fuel alternatives, announced March 2 the creation of a new executive-level position of vice president, strategic initiatives–renewable energy, in support of its Go Green with Suburban Propane corporate pillar and its commitment to invest in clean energy solutions.

During the virtual event Work Truck Week 2021 (WTW21), industry professionals can learn about more than 100 new commercial truck products now, with more to debut when the event goes live next week.

Wilson School District (Berks County, Pennsylvania) celebrated the arrival of seven new propane-powered buses on January 27. This was the first delivery of many as it plans to convert its entire 63-vehicle fleet in the coming years.

The buses are quieter, more efficient and cost less to maintain. Randy S. Williams, the district’s transportation director, notes that the new buses will cost about 13 cents per mile to operate, compared to 20 cents per mile for diesel. In addition, propane-powered buses generate far less pollution than diesel.

According to the latest Baker Hughes Rig Count, released February 26, the United States rig count was up five from the previous week at 402. Oil rigs were up four to 309, gas rigs were up one to 92, and miscellaneous rigs were unchanged at one.

The American Petroleum Institute (API) responded February 26 to the Biden administration’s announcement to update the social cost of greenhouse gas (GHG) emissions and signaled the industry’s commitment to working with the administration to shape a lower-carbon future.

FuelExchange, a merger and acquisition service for the energy industry, recently provided advisory services during the sale of Holden Oil of Peabody, Massachusetts, to one of the wholly-owned subsidiaries of Superior Plus Corp.

Established in 1924, Holden Oil is a third-generation retail energy distributor serving approximately 8,750 residential and commercial customers in the Northeast.

Warren H. Gfeller of Russell, Kansas, has been appointed by the office of the United States Trade Representative (USTR) to serve on the Agricultural Technical Advisory Committee (ATAC) for Animal and Animal Products.

Platform Fuels has appointed Steve Wambold chief executive officer.

Superior Plus Corporation announced February 18 that its subsidiary, Superior Plus LP, has entered into a definitive agreement with Birch Hill Equity Partners to sell its specialty chemicals business.

The sale of Superior’s Specialty Chemicals business represents the final step in Superior’s long-term portfolio transformation into a pure-play energy distribution company.

Energy Transfer LP and Enable Midstream Partners LP announced February 17 that they have entered into a definitive merger agreement whereby Energy Transfer will acquire Enable in an all-equity transaction valued at approximately $7.2 billion.

Foster Fuels (Brookneal, Virginia) has been delivering fuel to critical infrastructure and crews working to restore power in the aftermath of the 2021 Texas ice storms that left more than 4 million people without power. Initially dispatching around two dozen trucks, the count has grown to more than 110, delivering diesel fuel and gasoline after an emergency fuel activation from the Federal Emergency Management Agency (FEMA).

The Missouri Propane Education & Research Council (MOPERC) has presented Liberty Public Schools a check for $20,000 for its purchase of 10 new Blue Bird propane autogas school buses. The emissions- and cost-reducing propane school buses are currently in service for the district’s daily and activity routes, which have decreased during the COVID-19 pandemic.

According to the latest Baker Hughes Rig Count, released Feb. 19, the United States rig count was unchanged from the previous week at 397. Oil rigs were down one to 305, gas rigs were up one to 91, and miscellaneous rigs were unchanged at one.
 

The Michigan Department of Environment, Great Lakes, and Energy (EGLE) announced a three-part funding opportunity that totals $30 million for the replacement of commercial, mass transit and transportation support vehicles that move products with new models, including electric, alternative fuel and diesel vehicles.

As Texas endures the greatest energy insecurity in recent history, the Renewable Liquid Heating Fuel (RLHF) industry is offering America a viable, clean fuel that can be utilized as part of the United States energy mix, to relieve pressure on an overstretched electrical grid, keeping the heat and lights on into the coming decades, the National Energy and Fuels Institute announced in a press release.