
Answers sought as Northeast experiences major propane distribution problem
February 1, 2009 By Brian Richesson
Answers are needed as Northeast experiences major propane distribution problems.
Read MoreAnswers are needed as Northeast experiences major propane distribution problems.
Read MoreYep, things are a mess. Looking back, retailing sure was easy before overwhelming regulation and sky-high insurance took the fun out of the business. Sure, you worried about what weather Mother Nature would be throwing at you any given year. Sure, you spent a sleepless night or two, wondering whether you’d made the right decision about adding a bobtail despite a new retailer invading your territory. But global economic crisis? Where did this come from? Yep, things are a mess.
Read MoreAn expanded directory of the propane industry’s top product sources
Read MoreAmassive 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.
Read MoreJust as propane marketers nationwide had given up hope of squeezing a profit from yet another warm winter, a ferocious St. Valentine’s Day Blizzard punctuated a solid month of cold temperatures that saved a dismal heating season but wreaked havoc on the front lines.
Read MoreSlightly over 35 percent of the participants in this year’s State of the Industry survey offered comments beyond the questions asked. It would be an understatement to say the comments implied that the situation was nearly untenable, and that no improvement was in sight.
Read MoreWicked winter weather and supply chain bottlenecks in the Northeast have again focused attention on the ability of propane’s infrastructure to promptly deliver the product. As tankers waited in long lines, restrictions on hours of service for truck drivers presented added difficulties despite extensions granted by government authorities.
Read MoreI hope you’ll agree that one of the most exciting aspects of our industry involves the commodity side of the business and its unpredictability of both disruptions in supply distribution and wholesale propane price spikes.
Read MorePropane prices, like most energy commodities, continue to experience extreme volatility. There are a number of factors impacting propane prices during the year.
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