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Current Issue - LP Gas
WEB3 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.
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 between 2022 ...
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 6.7-liter engine this year – for use in medium-duty ...
Price protection: Getting ahead of the curve - LP Gas
WEBOn July 26, 2024, a retailer takes 10,000 gallons per month of propane price protection for each month from October 2025 to March 2026 for a total of 60,000 gallons. Let’s say the price protection is obtained at strike price of 74.5417 cents. No money changes hands on the date of the transaction.
News - 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.
What's worth watching in the propane industry in 2024 - LP Gas
WEBJan 12, 2024 — Here’s our list of what’s worth watching in 2024. ⦁ Technology: Much of this issue, including our cover story on smart meters, is devoted to technology advancements in the propane industry. Propane marketers are considering the many uses for technology within their operations, and that adoption will only increase as companies welcome the ...
Propane market reacts as feared - LP Gas
WEBJan 16, 2024 — We feared that the incoming weather was going to jolt the market into realizing the undervalued nature of propane, resulting in a significant bump in prices. We ended last week’s TC with the following statement: “If crude stays at $74 per barrel, and Conway gets revalued to 47 percent of WTI, it would be a 12-cent gain in Conway’s price.
US is oversupplied with propane - LP Gas
WEBMar 4, 2024 — U.S. domestic demand fell by 128,000 barrels per day (bpd) between 2022 and 2023. Meanwhile, higher crude and natural gas production and more fractionation capacity increased U.S. propane production by 108,000 bpd. With domestic supply and demand going in opposite directions, the difference between propane supply and its demand grew 236,000 bpd ...
From the Magazine - LP Gas
WEB6 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 …