May and June to See at Least 300,000 bbld Shut
Wednesday, April 29, 2020
U.S. oil production totaling at least 300,000 bbld is expected to be shut during May and June, according to a Rystad Energy analysis of early communication from U.S. oil producers. It is unclear how much of this is due to the COVID-19 pandemic and the related decline. Observers say it is certain that more production is likely to be taken offline due to the low oil prices.
Blossman Acquires Georgia Propane Operation
Wednesday, April 29, 2020
Blossman Gas Inc. (Ocean Springs, Miss.) has acquired A & A Gas of Carrollton, Ga. A & A Gas, a family-owned propane company, has served customers since it opened in 1981. Details of the acquisition were not offered.

When A & A employee and family member Patrick Steed was asked about the decision to choose Blossman Gas for the sale, he stated, “It's been great to find another propane family such as Blossman that is as passionate about the propane industry, safety, and customer service as we are.”
SAVE THE DATE: June 7 is #LPGday
Wednesday, April 29, 2020
The second edition of #LPGday will be marked on June 7. The World LPG Association (WLPGA) celebrates #LPGday each year to raise awareness about LPG using the #LPGday hashtag and also the LPG industry’s creative input. Launched last year as part of the annual global awareness calendar, #LPGday was a great success, engaging the LPG industry, media, politicians, and the general public around the world. With #LPGday, the industry can significantly increase the visibility of the benefits of LPG with a highly focused social media outreach.
Midstream Companies Focus on Safe Operations To Meet Critical Needs During COVID-19
Wednesday, April 29, 2020
As people around the world continue to make major adjustments and tough decisions related to the COVID-19 crisis, GPA Midstream Association, GPSA, and their member companies are tirelessly working to ensure that midstream employees are taking appropriate precautions and following strict COVID-19 protocols so that midstream operations, considered critical infrastructure by the Department of Homeland Security, are not interrupted.
Canadian Propane and Butane Inventories Rose in March
Wednesday, April 29, 2020
Canada’s primary underground propane inventories rose 4.3% in March to 412.3 Mcm, the equivalent of 2.6 MMbbl, according to the Canada Energy Regulator (CER). The total represented a month-to-month gain of 16.9 Mcm. Compared to a year earlier, stocks were 3.1 Mcm, or 0.8%, higher.
COVID-19 Impact Drives Oil Futures To Lowest Price In History
Wednesday, April 22, 2020
Negative oil pricing has become a reality—and with it comes the lowest price (in real terms) in the history of the oil industry, IHS Markit reported April 21. The previous record-low price—East Texas crude at $0.10/bbl in 1931 ($1.70 in 2020 terms)—is now in distant second place as West Texas Intermediate (WTI) futures settled at minus $37.63/bbl.
Task Force Submits Propane Recommendations To Michigan Governor
Wednesday, April 22, 2020
The U.P. Energy Task Force submitted to Michigan Gov. Gretchen Whitmer its 14 recommendations on propane availability in the Upper Peninsula on April 17. The report, “Upper Peninsula Energy Task Force Committee Recommendations: Part I—Propane Supply,” has been posted online at Michigan.gov/UPEnergyTaskForce.
Total U.S. Energy Exports Exceed Imports in 2019, First Time In 67 Years
Wednesday, April 22, 2020
Energy exports from the United States reached an all-time high of 23.6 quadrillion British thermal units (quads) in 2019, marking the first time in 67 years that annual U.S. gross energy exports exceeded U.S. gross energy imports, according to the U.S. Energy Information Administration’s (EIA) Monthly Energy Review. Gross U.S. energy imports were 22.8 quads in 2019, the lowest since 1995. Last year was the first year when the U.S.
ASHRAE Issues Statements On Relationship Between COVID-19 and HVAC In Buildings
Wednesday, April 22, 2020
The American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) has published two statements to define guidance on managing the spread of SARS-CoV-2, the virus that causes COVID-19 disease (coronavirus) with respect to the operation and maintenance of heating, ventilating, and air-conditioning systems in buildings.
Mid-Month to Mid-Month: Propane Prices Down, Up, and Back
Thursday, April 16, 2020
(April 16, 2020) — As the novel coronavirus (COVID-19) continues to cause misery around the globe, the past month has only brought more uncertainty to economic markets, and more importantly the lives of people near and far, as the virus is not selective in whom it touches. The recent OPEC+ meeting’s decision to temper crude production to stabilize the price of crude, could provide a better foothold for economies that have been affected. Only time will tell since everyone is trekking through unchartered territory.
HGL Prices Nosedive in 2020
Wednesday, April 15, 2020
Spot prices of hydrocarbon gas liquids (HGLs), produced by both natural gas processors and petroleum refiners, have fallen rapidly since early March, according to the U.S. Energy Information Administration (EIA). HGL prices now move within a narrow band along with crude oil and natural gas spot prices when measured at their heating values. The narrow price band among these fuels mirrors what occurred in the energy markets in 2008 following the financial collapse during the great recession.
Propane Autogas Service Network Expands To Over 650 Locations
Wednesday, April 15, 2020
With its primary goal of reducing the downtime of its customers’ vehicles, ROUSH CleanTech’s (Livonia, Mich.) service network continues to invest in keeping its service network as up-to-date as possible.

In early 2018, ROUSH had 450 service centers across the nation. However, the company realized it needed to scrutinize its network to get a more accurate representation of its facilities, which resulted in a downsizing to 277 locations.
Rystad Energy Expects 9.4% Drop In Global Oil Demand
Wednesday, April 15, 2020
Rystad Energy’s (Oslo, Norway) latest COVID-19 report that calculates the effect of the novel coronavirus on our lives and offers updated estimates for global fuel markets, including recent developments such as travel restrictions, quarantine obligations, and new government policies worldwide, has once again revised its global oil demand estimates.
Rig Count Continues Downward
Wednesday, April 15, 2020
According to the latest Baker Hughes Rig Count, the U.S. count declined by 62 units last week to 602 rigs. Oil rigs slipped by 58 to 504; gas rigs were off by four at 96 in operation; and there was no change in miscellaneous rigs, holding steady at two.

Comparing year-over-year, the U.S. Rig Count is 420 rigs lower than from last year's count of 1022, as oil rigs fell by 329 and gas rigs were down 93 while miscellaneous rigs added two for a total of two.