The U.S. propane industry is in a much better position to handle a “perfect storm” of extreme demand events than it was during the winter of 2013-14, a new study from RBN Energy for the Propane Education & Research Council (PERC) suggests. Two years ago, high crop drying volumes, propane exports and severe cold weather combined during the heating season... read more
A woman approached a stock boy in the produce section of a grocery store one day and asked for a half of a head of lettuce. He tried to explain that it would be wasteful to only use half, but she insisted. He told her he would have to ask his manager. He then walked into the back room but... read more
The San Diego & Imperial Valley Railroad, a short-line freight railroad company that transports propane and other commodities, opened its Choice Terminal bulk transload facility. The terminal, which is located in the company’s San Ysidro rail yard in San Diego, provides bulk transload customers with access to local and international markets via the railroad’s connection with BNSF Railway and the... read more
Some propane distributed in the Canadian provinces of Manitoba and Saskatchewan might not have the required level of propane odorant as prescribed by the Canadian Standards Association, according to the Canadian Propane Association. Odorant is important as a safety precaution, according to the association, which advises consumers to contact their propane supplier for information. The association also advises consumers not... read more
Bridger Logistics, a Dallas-based crude oil midstream company owned by Ferrellgas, appointed Todd Soiefer as its CFO. Soiefer plans to start the new position immediately. According to Ferrellgas, Soiefer has worked with the propane retailer since 2014. Before joining Ferrellgas, he worked for RBC Capital Markets, which is part of the Royal Bank of Canada. In addition to his new... read more
Some propane retailers spend a considerable amount of money and resources on marketing their company to prospective customers while ignoring their current “underserved” customer base. “Underserved” is a word I stole from the natural gas industry playbook. Natural gas utilities use “underserved” to describe a propane user who has natural gas nearby but hasn’t switched yet. In the propane industry,... read more
U.S. refiners are beginning to come out of seasonal maintenance work, which could mean more propane supply for an already oversupplied market. As we mentioned last week in our discussion of what makes propane a particularly tough commodity to trade, refiners do not consider the value of propane in determining at what rate they will run their units. Gasoline and... read more
