The man who heads the country’s biggest propane marketing company will step down on March 2. Eugene Bissell has led AmeriGas Propane Inc., the general partner of AmeriGas Partners LP, as CEO and president since being promoted 11 years ago. But in a statement last week the company confirmed Bissell, 58, would retire in less […]

The warmest winter on record since 1950 is good news for homeowners who are paying lower winter heating bills than last year. But the unseasonably mild temperatures are hurting energy companies, many of which are laying off staff because of slow business, walb.com reports. And in a bitter irony, some propane suppliers are warning they could […]

Warmer weather and a tough operating environment have weighed on the first quarter financial results of another major propane company. Suburban Propane Partners, LP, has issued its results for the three months to December 31. Company spokesman Mike Dunn said many areas of the country had experienced record warm temperatures so far this heating season […]

National propane stocks tumbled nearly two million barrels last week but inventories are in good health thanks to a relatively warm winter and weak demand. The average residential per gallon price of propane nudged slightly higher in the last week but relative prices are only 5 cents a gallon higher than at the same time […]

Warmer weather and sluggish demand for heating fuel has seen one of the nation’s retail propane giants post lower first-quarter sales figures. AmeriGas Propane Inc, general partner of AmeriGas Partners LP, reported net income of $42.5 million for the first fiscal quarter of 2012 – compared with $74.9 million for the same period last year, […]