During the latest mid-month period, prices at Mont Belvieu, Texas, decreased. The posted prices decreased 4.25 cents/gal, from July mid-month to August mid-month, and the spot prices decreased 6.125 cents. Conway, Kansas, postings decreased 3.9 cents/gal, and spots decreased 4.375 cents over the month.
Canton, MA — Aug. 12, 2024 — Gray, Gray & Gray LLP, a consulting, accounting and business advisory firm for the propane industry, has released the results of the firm’s Propane Industry Survey. The survey has served as an important benchmark for propane and fuel oil marketers throughout the U.S. since its inception.
Washington, D.C. (Aug. 15, 2024) — In a news release, the National Propane Gas Association (NPGA) reported that it received a written confirmation on Aug. 13 that Sonoma County, California, had suspended the enforcement of an ordinance banning propane appliances in newly constructed buildings in the county.
One-Tank, a tank monitoring technology solutions provider, has announced the newest addition to its team, Stephen Doggette, who will be stepping into the role of product quality and systems manager.
Doggette brings a deep-rooted passion for the energy sector, influenced by his father’s lifelong career in natural gas with United Gas Company/Entex. His journey with One-Tank began at a holiday event in 2023, where he connected with the company's technology-forward vision and felt a strong alignment with its mission.
Palm Beach Gardens, Fla. (Aug. 6, 2024) — Palmdale Oil, a leading provider of fuels, propane, lubricants and chemicals with delivery solutions across the state of Florida, announced it has acquired Maassen Oil Company Inc., a Florida-based distributor of refined fuel, lubricants and propane. Financial terms of the transaction were not disclosed.
HOUSTON (July 30, 2024) — Enterprise Products Partners L.P. today announced that it is moving forward with a key expansion project along the Houston Ship Channel in response to continued strong customer demand for natural gas liquids export capacity. At the Enterprise Hydrocarbons Terminal (EHT), the company is adding refrigeration capacity that will increase propane and butane export capabilities by approximately 300,000 barrels per day (bpd).
GRAND RAPIDS, Mich. — August 7, 2024 — Crystal Flash Inc., a fuel distribution company serving residential, commercial, and agricultural customers across Michigan, has received the distinction of being named 2024 Employee-Owned Company of the Year by The Michigan Chapter of The ESOP Association.
EDP has purchased Green Propane and its sister company, Summit Propane. With a headquarters office in Hatfield, Pennsylvania, this latest acquisition — EDP’s 40th — strengthens its footprint in southeastern Pennsylvania and increases its presence in the Poconos Mountains. Both Green Propane and Summit Propane have been owned by Todd Walker.
NEENAH, Wis., and PHILADELPHIA — J. J. Keller & Associates Inc., a North American provider of safety and compliance solutions, has announced a collaboration with Juno Jones Safety Boots, the National Safety Council Award-winning safety shoe company. This alliance aims to elevate workplace safety and comfort for workers across various industries.
BIRMINGHAM, Ala. (Aug. 1, 2024) — Butane-Propane News has announced the 10 finalists of its 2024 class of the BPN Industry Innovators.
BPN Industry Innovators was designed to showcase the propane individuals who are working every day to grow and improve the industry. The 10 finalists selected for this year's class are:
GRAHAM, N.C. — The Southeast Propane Alliance Technical Education Center (SEPATEC) has launched a new program designed to provide comprehensive entry-level driver training (ELDT) training that leads to a CDL B license while adhering to Federal Motor Carrier Safety Association (FMCSA) regulations and guidelines to ensure high-quality education and preparation. The program encompasses theory training, Behind the Wheel, and testing requirements, equipping participants with the necessary skills for success in the propane industry.
In accordance with the Propane Education and Research Act of 1996 (Public Law 104-284), the Propane Education & Research Council hereby publishes a 2025 budget plan for public comment. The budget plan includes the probable costs of all programs, projects, and contracts, as well as a recommended rate of assessment sufficient to cover such costs. After public review and comment, PERC must submit the proposed budget to the Secretary of Energy and to the Congress. Comments are due August 31, 2024. Comments must be received by 5 p.m.
This week the Federal Transit Administration released 2024 funding awards for transit buses and bus infrastructure. Awardees in Florida, Kansas, Mississippi, Minnesota, and South Dakota received nearly $27 million in grants to purchase propane buses and install propane fueling infrastructure. Awardees in Mississippi, Minnesota, and South Dakota have received funding in consecutive years.
Canada's primary underground propane inventories increased by 24.2% in July, according to the Canada Energy Regulator. The total represented a month-to-month increase of 241.7 Mcm. Compared to a year earlier, stocks were higher, with 76.9 Mcm, or 6.6%, more product on hand.
Propane storages in the West started July a bit higher at 968.3 Mcm, which corresponds to 6.1 MMbbl, the agency reported. From June to July, volumes increased by 194.9 Mcm, or 25.2%, and were 177.5 more the year prior's level of 790.8 Mcm.
On July 3, 2024, the National Propane Gas Association (NPGA) joined a coalition including the National Association of Home Builders (NAHB), the National Apartment Association (NAA), the National Restaurant Association (NRA), the Colorado Association of Home Builders (CAHB), and the American Hotel and Lodging Association (AHLA) in challenging Denver’s electrification ordinance.
