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 […]
Plans for a giant $40 million liquid propane tank in Maine have sparked protests by concerned residents, bangordailynews.com reports. DCP Midstream wants to the build the 138-foot-tall propane terminal at Searsport. The project was signed off by the Maine Department of Environmental Protection earlier this year. Though Maine is a big heating oil user, the […]
In the ongoing courtship between a national energy company and a seaside town in Maine, the two have reached a common hitch for couples: Should they move in together? The energy company, DCP Midstream, certainly likes the little town — where it would establish a marine propane terminal. But Searsport, which is home to about […]
As we wrote about last month, the town of Searsport, Maine, is being courted by a national propane wholesaler as the proposed site for a sea terminal. The Denver-based DCP Midstream wants to build an intermodal pit stop at the town’s Mack Point, where propane would arrive by ship and be carried away by truck […]
In the heart of the heating season, stock prices for some of the country’s major propane players have been soaring. Two of the largest publicly traded retailers hit record highs last week, building on an industry-wide upswing on the market since the spring of 2009. Shares of AmeriGas (NYSE: APU), the country’s largest propane retailer, […]
A major propane wholesaler is making a move on the large Michigan market, buying a storage facility and well-connected supply point in the state. DCP Midstream made a deal worth about $101 million for Marysville Hydrocarbon Holdings, according to this press release that DCP put out yesterday. With the new buy, the Denver-based DCP gets: […]
A major natural gas distributor is putting the soft sell on the townspeople of Searsport, Maine, in the hopes of opening a propane terminal at the local port, writes the nearby Republican Journal. This week, DCP Midstream met with the citizenry to pitch an intermodal pit stop at the town’s Mack Point. Propane would arrive […]