O&E Staff Reporter April 16, 2019
Gray, Gray & Gray, the energy industry’s leading accounting and advisory firm, will host the second annual “Around the Energy Industry” seminar on Thursday, June 6, 2019....
Dan Lothrop, Northland Energy Trading April 11, 2019
The desulfurization of distillate fuels continues this year. Before the Environmental Protection Agency (EPA) regulation began in 1993, diesel fuel contained up to 0.5% (5,000 parts per million or ppm) sulfur. EPA began phasing in more stringent regulatio...
O&E Staff Reporter April 11, 2019
A cursory glance at The Diff. on page 3 of our April 2019 issue shows the New York Harbor price for No. 2 Fuel Oil and No. 2 ULSD resting comfortably just under $2.00, at $1.977 and $1.999 respectively. The Barometer, also on page 3, lists WTI Crude at $5...
Rich Morahan April 11, 2019
Propane Exchange tanks are valuable and can be dangerous. That’s why retailers keep them in locked cages. But some recent news articles suggest that locks and cages are not always doing their jobs. Consider these headlines and stories… “Caught on...
O&E Staff Reporter April 11, 2019
In January, the Treasury Department issued final regulations and other guidance on a substantial provision of the Tax Cuts and Jobs Act (TCJA). The bill allows owners of sole proprietorships, partnerships, trusts, and S corporations to deduct up to 20 per...
Martin D. Kirshner, CPA, MSA, Gray, Gray & Gray, LLP April 11, 2019
Another heating season has come to a close, and many fuel oil and propane dealers across the northern U.S. are pleased with the outcome. While snowfall amounts may have frustrated skiers by coming up short of expectations, temperatures did not disappoint....
