Getting prepared for the busy season
October 1, 2007 By John McCoy
Take a few moments now to remind your team of the need to run a safe operation.
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Take a few moments now to remind your team of the need to run a safe operation.
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Amassive expansion in liquid natural gas production had propane experts earlier this year forecasting a record boost in supply and a resulting drop in prices for propane marketers gearing up for the 2007-08 winter.
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Because of the nature of my work, I am exposed to many nightmares when it comes to propane accidents. I see the press releases citing injuries, inaccurately stating probable cause, quoting innuendo from neighbors and trying the case in the media.
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Far removed from the grueling pace of a frigid Northeast winter season, Dayne Brady wipes the sweat from his face, squints into the brilliant sunshine and recounts the details of his company’s $3 million investment to more than double the bulk storage at the only propane company that has ever operated in the Caribbean Islands.
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Having the capability and desire to offer customers propane-powered zone heaters, grills and other indoor and outdoor auxiliary appliances can add some significant sizzle to your bottom line. Marketers actively working these categories say they are achieving a competitive advantage over retailers that don’t supply this equipment or the related installation and maintenance services.
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The timing could not have been worse for news to circulate about the rupture of five propane-filled composite cylinders at a Heritage Propane facility in Miami April 4, 10 and 13 – just eight weeks before the propane industry had hoped to tap into the virgin cabinet heater market.
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General Motors’ decision to provide a dedicated propane engine with enough muscle to power bobtails was just the answer to pleas from frustrated propane marketers nationwide.
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Recently, a headline on the inside business section pages of the Washington Post caught my eye. It read: Accounting Firms Form Policy Group. Having once worked for the American Institute of CPAs (AICPA), I stopped to read the story.
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Seems just like yesterday we met as an NPGA task force to study alternative insurance options. In 2003 we published a white paper that referred to insurance industry cycles and future price reductions. We forecast lower premiums and more choices. It happened.
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For the third consecutive year, total domestic propane sales for combined residential, commercial, engine, farm and industrial uses has fallen.
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