The Internal Revenue Service (IRS) released a new excise tax rate calculation for propane to account for the energy content disparity between propane and gasoline, the National Propane Gas Association (NPGA) reports. The revised rate is 13.5 cents per gallon and represents a 26 percent reduction from the previous rate. The new rate also applies to propane autogas, according to... read more
MFA Oil Co. acquired S&S Oil and Propane Co. Inc., a propane, refined fuels and lubricants retailer based in Emporia, Kan. According to MFA Oil, the acquisition includes 17 propane storage facilities, five bulk fuel storage facilities, five card refueling locations and an office in Emporia. “This is a major acquisition that will significantly broaden our business in Kansas and... read more
The National Propane Gas Association (NPGA) is the national trade association representing the U.S. propane industry. Our membership includes small businesses and large corporations engaged in the retail marketing of propane gas and appliances; producers and wholesalers of propane equipment; manufacturers and distributors of propane gas appliances and equipment; fabricators of propane gas cylinders and tanks; and propane transporters. NPGA... read more
NGL Energy Partners LP appointed Robert W. Karlovich III as its CFO and executive vice president. Karlovich most recently worked as the CFO for Targa Pipeline Partners, a subsidiary of Targa Resources Partners LP, from February 2015 to February 2016. He served as the senior vice president of commercial and business development for Targa Resources Partners LP from November 2015... read more
Alliance AutoGas increased the sale of its conversion systems by 44 percent in 2015, according to parent company Blossman Gas. In addition, Alliance AutoGas displaced more than 45 million gallons of gasoline in 2015, says Stuart Weidie, president of Alliance AutoGas. Weidie adds that Alliance AutoGas plans to improve its service offerings in 2016. “The 460 fleet customers that Alliance... read more
A group aiming to unite propane autogas stakeholders and grow gallons for the industry will make its official launch at the NPGA Southeastern Convention & International Propane Expo on April 8-10 in Nashville, Tenn. The United Propane AutoGas Solutions (UPAS) Group is composed of industry companies, from propane vehicle system manufacturers and installers to refueling infrastructure providers and propane retailers,... read more
Westmor Industries expanded a small shop in Shawnee, Kan., by more than 17,000 square feet, adding two production lines to increase efficiencies for new products and repair jobs. The finished production facility now spans more than 25,000 square feet. According to Westmor, the new facility is capable of manufacturing and servicing the company’s products for the entire Southwest. Westmor partnered... read more
In recent weeks, we’ve monitored the sharp decline in U.S. propane inventory. On Feb. 18, the Energy Information Administration (EIA) released its Weekly Petroleum Status Report for the week ending Feb. 12. The data revealed another above-average draw on U.S. propane inventory. Over four weeks, total U.S. propane inventory declined 19.485 million barrels, which is more than double the five-year-average... read more
Who pays employees best among U.S. retail propane companies? Do wages vary among retailers by operation type, size and region? What benefits do businesses typically offer? These are among the many questions LP Gas sought to answer through an online retailer survey that was inspired by you, our readers. Retailers provided input on the wages and benefits they offer, sharing... read more
I felt larger than life. Having never ridden in a bobtail or anything remotely similar prior to visiting Linden’s Propane Inc., I was in unfamiliar territory looking out at the road from the passenger seat of the Ohio company’s 2014 Freightliner truck. I enjoyed seeing the farmland in Wellington, Ohio, from up high as the bobtail drove down country roads... read more
