Advice on demand for domestic propane retailers
October 7, 2020 By Mark Rachal
The more the industry can bill and operate like a utility company and move away from the buy-and-mark-up model of a service station, the better.
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The more the industry can bill and operate like a utility company and move away from the buy-and-mark-up model of a service station, the better.
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In an interview with LP Gas, Mark Rachal of Cost Management Solutions advises that retailers stay ahead of the game on propane cost and supply when considering the upcoming winter.
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Retailers need to make different preparations for the heating season this year in addition to normal ones like preventative maintenance on rolling stock.
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As a result of COVID-19 and the increase in online activity, propane retailers need to pay more attention to their online presence.
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Retailers could take swap positions each month from now until winter that would allow them to have near the current price next winter.
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The coronavirus has taken a toll on industries across the world, but the propane industry continues to keep calm and carry on.
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Like many other industries, retail propane is learning to be innovative in its approach to ensure business as usual during the COVID-19 pandemic.
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A survey of propane retailers conducted by Gray, Gray & Gray provides a snapshot of the industry and presents benchmarking data.
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Propane Resources offers advice to propane marketers looking to diversify their products and services beyond the home-heating market.
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