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US propane inventory could reach highest post-winter level on record

March 21, 2016 - By

The dramatic fall in U.S. propane inventory slowed two weeks ago and came to a full stop for the week ending March 11. For that week, the Energy Information Administration (EIA) reported that U.S. propane inventory had increased 180,000 barrels. Gulf Coast inventory increased 465,000 barrels, while Midwest inventory declined just 262,000 barrels. The light draw in the Midwest inventory... read more

EIA: US increases propane exports in 2015

March 21, 2016 - By

Total U.S. petroleum product exports increased in 2015, up 467,000 barrels per day (bpd) over 2014 levels. The United States exported 4.3 million bpd of petroleum products in 2015. According to the Energy Information Administration (EIA), the rise in exports was driven by increased exports of distillate fuel, motor gasoline and propane. Exports of distillate fuel oil represent the largest component... read more

Propane emerges as power-source solution for portable chippers

March 21, 2016 - By

Diesel has dominated the wood chipper market for decades, but the development of emission standards for new off-road diesel engines has forced the tree care industry to explore and develop alternative fuel equipment over the last few years. Gasoline has risen as the top alternative. Chipper manufacturers have unveiled gas-powered options in the 12-, 15- and 18-inch classes, and a... read more

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Solid hedging strategies give retail propane marketers an edge

March 17, 2016 - By

Done properly, hedging protects our business, streamlines our supply chain, guarantees margins and ultimately results in happy customers. These days, however, hedging no longer takes place in a vacuum, removed from the context of business and customer expectations. Best practices in hedging for energy marketers must now consider program type and customer preference, program timing, automation and reporting, and customer... read more

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Industry’s largest show set for Nashville

March 17, 2016 - By

The propane industry’s largest trade show is making a major move this year, from its long-running host city of Atlanta to the bright lights and bustling nightlife of Nashville, Tenn. It’s been said that little changes in the propane industry. That was the case for its southeastern-based show, which had been held in Atlanta for more than 60 total years.... read more

API report: US odorized propane sales gain for second straight year

March 17, 2016 - By

The propane industry received positive news to help cushion the blow of a mostly mild winter heating season: back-to-back increases for U.S. odorized gallon sales in a popular annual report. Sales of odorized propane trended upward for the second straight year in 2014, by 5.8 percent to 9.3 billion gallons, according to the latest data in the American Petroleum Institute’s... read more

Relief valve manifold keeps tank operational during maintenance

March 17, 2016 - By

Marshall Excelsior Co. (MEC) designed its mini quad-port relief valve manifold to allow for the service and exchange of tank vapor relief valves while tank systems are fully operational. The mini quad-port relief valve, which is distributed by Bergquist Inc., can be used in all large ASME tanks equipped with standard 2-inch FNPT vapor relief valve openings. According to Bergquist,... read more

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BASE Engineering appoints senior sales executive

March 17, 2016 - By

BASE Engineering hired Damon Boyer as its senior sales executive of truck mobility solutions. Boyer will help to promote BASE Engineering’s ProControl 3 truck automation platform to oil and gas businesses. Steve Belyea, BASE Engineering’s president and CEO, says industry changes have increased demands for staying ahead of customer requirements, making it imperative to grow the company’s sales team. Boyer... read more

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The propane industry’s roots in Tennessee

March 17, 2016 - By

With the NPGA Southeastern Convention & International Propane Expo moving to Nashville, Tenn., for the first time April 8-10, LP Gas asked the Tennessee Propane Gas Association for historical perspective on propane’s role within the state, as well as for an update on what the state propane industry faces today. Here is a letter from industry veteran Bob Wallace. The... read more

AmeriGas appoints True Value president to board

March 16, 2016 - By

AmeriGas Partners LP elected John R. Hartmann to join AmeriGas Propane’s board of directors. Hartmann currently works as the president and CEO of True Value Co., a privately owned hardware cooperative. Previously, Hartmann served as the CEO of Mitre 10, a major chain of home improvement stores in New Zealand. He has also held leadership roles at The Home Depot... read more

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