Over 80% of propane consumers decide to lease their propane tank from their propane supplier. Why? Many consumers feel it’s simpler, and cheaper to let the propane company worry about the tank. When you look at the cost of buying, and installing a tank you can see why they might feel that way. It’s an […]
As the nation’s largest online propane marketplace, Propane.pro, has seen first hand the personal and economic damage wrought by the recent propane shortage. The company’s founder, Andrew Heaney, is calling on the Federal Government to fund the creation of a Strategic Propane Reserve to ensure a dangerous shortage never happens again. “In 2000, the Northeast […]
The Energy Information Administration (EIA) reported recently that exports of domestic propane in September 2013 were at a rate of 335,000 barrels per day (bbs/day). This compares with a rate of 148,000 bbls/day in September 2012. That is a more than 2X increase in just one year. Combined with increased domestic demand for propane this […]
A national propane wholesaler which plans to build a giant liquid propane tank in Maine has gone on a PR offensive to correct what it labels misinformation being spread by project opponents, bangordailynews.com reports. DCP Midstream has opened a campaign headquarters in Searsport to promote plans for a $40 million propane terminal that includes a […]
A mild start to winter has helped cut demand for propane as folks use less fuel to keep warm. The unseasonable temperatures are good news for propane customers and have forced the Energy Information Administration to lower its winter price forecast, nasdaq.com reports. Propane users in the Midwest and Northeast are tipped to see lower […]
Federal regulators have issued a recall alert for more than 4500 O-Grill portable propane grills because the barbecues pose a potential fire hazard, upi.com reports. The gas appliances are manufactured by Uni-O Industries Corp in China. The Consumer Product Safety Commission (CPSC) said the grills could leak propane and ignite. It said the Chinese firm […]
US propane inventories have fallen for the fifth straight week to continue their seasonal draw with residential prices edging slightly higher. Figures released by the US Energy Information Administration show national propane reserves shrunk by one million barrels in the week ending December 30. There are now 55.2 million barrels of propane gas in storage […]
Propane conversion specialist Alliance Autogas now has EPA certification to covert more than 200 vehicles to clean-burning propane gas. Alliance Autogas uses the Prins vapor and liquid injection technology ssystem for propane conversions. Reaching the 200 vehicle milestone means fleet managers and private vehicle owners now have a huge array of makes and models to […]
Temperatures may be falling, but propane inventories have posted a large build in the last week, adding 1.2 million barrels. Figures released by the Energy Information Administration show total US reserve propane stocks ended the week at 60.3 million barrels – the equivalent of 58.6 days’ supply. In contrast there were 64.4 million barrels in […]
The country’s largest propane retailer will double its customer base and add over 500 million gallons to its distribution network in a $2.8 billion deal, reuters.com reports. AmeriGas Partners L.P. has announced it will buy Energy Transfer Partners L.P.’s propane business in the landmark deal which is due to be finalised by early next year. […]