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Current Issue - LP Gas
WEB5 days ago · September 26, 2024 By Brian Richesson. Blue Peak Resources, a full-service consulting firm specializing in propane and fuel oil mergers and acquisitions, announced the sale. Read More. This article is tagged with Blue Peak Resources, Mergers and Acquisitions, New York and posted in Current Issue, From the Magazine, News.
Mid-year 2024 propane industry observations - LP Gas
WEBJul 25, 2024 · In Reno, the industry heard for the first time about Nexio’s plans to bring a dedicated, propane-fueled bobtail to U.S. retailers.. You can’t mention the Nexio story, though, without wondering about the Cummins propane engine project, which we’ve covered closely for the past four years. The manufacturer was supposed to deliver the …
How the 2024 election could impact the propane industry
WEB1 day ago · This year, Americans will choose between former President Donald Trump and Vice President Kamala Harris. There’s a lot on the line for the propane industry in this election. The candidates’ policies regarding energy and business will have huge impacts on propane operations. Michael Baker, chief legislative officer for the National Propane ...
Industry survey: Propane retailers boost operational efficiency
WEBSep 4, 2024 · Results of Gray, Gray & Gray’s propane industry survey suggest propane retailers are focusing on operational efficiency to remain competitive. (Photo by LP Gas staff) Highlights from this year’s survey: Technology is gaining importance for a company to remain competitive: 61 percent of survey respondents report they “need to keep up with ...
How to minimize the unknowns when pricing propane - LP Gas
WEB5 days ago · January 2025, propane was valued at 78 cents when Chart 1 was captured. Let’s say a retailer did a 50,000-gallon swap at that price. With that swap in hand, the retailer eliminated one unknown, namely his cost for the 50,000 gallons of propane that he expects his customers to demand in January 2025. What the actual market price for …
From the Magazine - LP Gas
WEB5 days ago · October 1, 2024 By Adam Zoellner and Allan Degenhardt. Adam Zoellner and Allan Degenhardt of Propane Resources point out important steps to prepare for heating season. This article is tagged with heating season, In the Know, propane resources, Propane Resources LLC, September 2024 and posted in Current Issue, Featured, From …
Speculative propane trading suggests prices could rise - LP Gas
WEBDec 11, 2023 · For the week ending Nov. 28, there were 53,566 speculative positions in Mont Belvieu propane, up 3,004 for a 5.9 percent increase. The U.S. produces 2.633 million barrels per day of propane. Speculative traders are holding paper that is the equivalent of just over 20 days of U.S. propane production.
Propane demand continues at record high - LP Gas
WEBFeb 20, 2024 · Throughout the second half of last year and into 2024, demand for U.S. propane has been at record highs. The dark blue line in Chart 1 shows the combination of U.S. domestic demand and exports very strong in 2023, and the lighter blue line shows demand remains strong this year. Year-over-year growth is the pattern, but the increase …
2021 State of the Industry: Forging ahead - LP Gas
WEBDec 15, 2021 · This year, the propane industry staked its claim to a seat at the table in a heated national energy conversation. A new messaging campaign spearheaded by a joint task force of leaders from the National Propane Gas Association (NPGA) and Propane Education & Research Council (PERC) raises propane’s profile as a clean energy that …