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Sunday, April 21, 2024

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Thieves Continue to Target Propane Exchange Tanks

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 video…
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… https://oilandenergyonline.com/articles/all/thieves-continue-target-propane-exchange-tanks/

Treasury Issues Final Rules on 20% Business Tax Deduction

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…
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… https://oilandenergyonline.com/articles/all/treasury-issues-final-rules-20-business-tax-deduction/

Make a Good Year Even Better

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.…
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… https://oilandenergyonline.com/articles/all/make-good-year-even-better/

Don’t Miss the Forest OR the Trees

If there were such a thing as a fuel dealer dictionary, irony might be defined as a grossly inefficient delivery drop, one in which a tanker burns more gallons to reach a customer’s home than it actually delivers to the customer’s tank.
If there were such a thing as a fuel dealer dictionary, irony might be defined as a grossly inefficient delivery drop, one in which a tanker burns more gallons to reach a… https://oilandenergyonline.com/articles/all/dont-miss-forest-or-trees/

What’s Behind Propane Tank Freeze-Ups?

As many in the industry will attest, it had been a few years since we experienced a “normal winter,” with warmer-than-average weather spanning the country. As a result, until this past winter, freeze-ups hadn’t been a widespread issue. While much of the b…
As many in the industry will attest, it had been a few years since we experienced a “normal winter,” with warmer-than-average weather spanning the country. As a result, until this… https://oilandenergyonline.com/articles/all/whats-behind-propane-tank-freeze-ups/

The Data Speaks for Itself

The deciding factor in data entry and data management has always been the people in the driver seats and office chairs. That remains true today.
“Data” has been something of a buzzword in both the energy and technology sectors for at least several years now. The term means different things to different people. For some,… https://oilandenergyonline.com/articles/all/data-speaks-itself/

2020 Marine Fuel Regulations Raise Concerns

Marine vessels account for about 4 percent of global oil demand and are a critical part of the global economy, moving more than 80 percent of global trade by volume.
Marine vessels account for about 4 percent of global oil demand and are a critical part of the global economy, moving more than 80 percent of global trade by volume. In January… https://oilandenergyonline.com/articles/all/2020-marine-fuel-regulations-raise-concerns/

Staying Top of Mind

By the time you see this article we will have already celebrated the Vernal equinox and the start of spring. Heating professionals know that these dates do not symbolize the end of the heating season, but at least we are getting close. While official “hea…
By the time you see this article we will have already celebrated the Vernal equinox and the start of spring. Heating professionals know that these dates do not symbolize the end… https://oilandenergyonline.com/articles/all/staying-top-mind/

NEFI Announces 2019 HEAT Show

Last month, NEFI officially announced the name, date and location of its new annual trade show. The 2019 Heating and Energizing America Trade Show, or HEAT Show, will be held September 15-18 at the Rhode Island Convention Center in Providence, RI. The …
Last month, NEFI officially announced the name, date and location of its new annual trade show. The 2019 Heating and Energizing America Trade Show, or HEAT Show, will be held… https://oilandenergyonline.com/articles/all/nefi-announces-2019-heat-show/

Energy Outlook Points to Paradigm Shift

The U.S. Energy Information Administration (EIA) has released its Annual Energy Outlook 2019, with projections for the domestic energy market through 2050.
The U.S. Energy Information Administration (EIA) has released its Annual Energy Outlook 2019, with projections for the domestic energy market through 2050. As always, the… https://oilandenergyonline.com/articles/all/energy-outlook-points-paradigm-shift/

Gray, Gray & Gray Teams with Oil & Energy for 2019 Energy Industry Survey

Gray, Gray & Gray Certified Public Accountants has announced that Oil & Energy magazine will serve as the media partner for the accounting firm’s 28th annual energy industry survey. The survey, which is an important source for industry statistics and benc…
Gray, Gray & Gray Certified Public Accountants has announced that Oil & Energy magazine will serve as the media partner for the accounting firm’s 28th annual energy industry… https://oilandenergyonline.com/articles/all/gray-gray-gray-teams-oil-energy-2019-energy-industry-survey/

Petrolectrification

As natural gas’s risk factors — environmental, economic and safety-related — become more apparent with each passing winter, politicians who once touted the fuel as a “bridge” to a renewable energy future now seem eager to make a leap of faith and embrace …
Kevin Maloney, CEO of Picktricity, and David Glendon, CEO and President of Sprague, hold one of the solar panels applied to Sprague’s South Portland, Maine terminal tank. Weighing… https://oilandenergyonline.com/articles/all/petrolectrification/

How to Read Your Credit Card Statement

Credit Card Statements come in many shapes and sizes. Some are as few as two pages while others can be over 50 pages. Each processor’s statements have their own look and feel, but the information covered therein is typically the same. However, no matter w…
Credit Card Statements come in many shapes and sizes. Some are as few as two pages while others can be over 50 pages. Each processor’s statements have their own look and feel, but… https://oilandenergyonline.com/articles/all/how-read-your-credit-card-statement/

More Than Just Burners

The burner is more than just a burner. A typical oil burner might be comprised of air tube, blower wheel, electrical box, connector tube, coupling, escutcheon plate, flange gasket, fuel pump, burner head, igniter, inlet air scoop, housing assembly, mot…
The burner is more than just a burner. A typical oil burner might be comprised of air tube, blower wheel, electrical box, connector tube, coupling, escutcheon plate, flange… https://oilandenergyonline.com/articles/all/more-just-burners/

Yes, It STILL Makes Sense to Hedge and Offer Price Protection

Do you need to offer your customers price protection and is all this hedging activity helpful to your business?
If this article looks familiar it’s because I am doing a bit of recycling from past columns. I decided it made sense to look backward a bit (about five years). I’m revisiting the… https://oilandenergyonline.com/articles/all/yes-it-still-makes-sense-hedge-and-offer-price-protection/

Over-Pressure, Under-Pressure: Utilities Under Deliver

One of the many marketing points used by the natural gas industry to promote their product is that it is piped into the home, so it is always there when needed for heat, hot water, cooking, etc. As the argument goes, this is superior to a “delivered fuel”…
One of the many marketing points used by the natural gas industry to promote their product is that it is piped into the home, so it is always there when needed for heat, hot… https://oilandenergyonline.com/articles/all/over-pressure-under-pressure-utilities-under-deliver/

6 Signs You Should Sell Your Business

The only thing harder than knowing the right time to start a business is recognizing when to sell it. Choosing to sell the fuel oil or propane company that you have nurtured and guided for so long can be a difficult decision. There are practical considera…
The only thing harder than knowing the right time to start a business is recognizing when to sell it. Choosing to sell the fuel oil or propane company that you have nurtured and… https://oilandenergyonline.com/articles/all/6-signs-you-should-sell-your-business/

From Lessons Learned to Lives Saved

In February, the National Transportation Safety Board released its Most Wanted List of Transportation Safety Improvements for 2019-2020.
In February, the National Transportation Safety Board released its Most Wanted List of Transportation Safety Improvements for 2019-2020. First issued in 1990, the Most Wanted… https://oilandenergyonline.com/articles/all/lessons-learned-lives-saved/

Moving Mobile and Going the Extra Mile

Whether your customer base is made up of single-family homes, commercial properties, agribusiness or Oilheat professionals, a robust mobile presence lets them know you go the extra mile to offer the utmost convenience and service.
In an industry that was built on family values and neighborhood service, energy marketers are used to going the extra mile. Whether your customer base is made up of single-family… https://oilandenergyonline.com/articles/all/moving-mobile-and-going-extra-mile/

Carbon Taxes Proposed in Several Northeast States

State legislatures across New England and the greater U.S. Northeast region have already seen a number of carbon tax bills proposed in 2019. These bills seek to limit carbon dioxide (CO2) emissions by imposing a monetary penalty on each ton emitted by fue…
State legislatures across New England and the greater U.S. Northeast region have already seen a number of carbon tax bills proposed in 2019. These bills seek to limit carbon… https://oilandenergyonline.com/articles/all/carbon-taxes-proposed-several-northeast-states/

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