Oil & Energy Online

WAP: Wet and Put

How the right combination of hedging strategies can mitigate basis-blowout risks
How the right combination of hedging strategies can mitigate basis-blowout risks Cash market price differentials to front-month NYMEX HO futures shot up in April and remained… https://oilandenergyonline.com/articles/all/wap-wet-and-put/

Late to the Party?

National Grid says it will pivot to renewable gas and green hydrogen
National Grid says it will pivot to renewable gas and green hydrogen In April, National Grid announced its plan to slowly transition New York away from natural gas by 2050. The… https://oilandenergyonline.com/articles/all/late-party/

No Clean Heat Standard for Vermont

Governor vetoed law over concerns about cost, enforceability
Governor vetoed law over concerns about cost, enforceability On May 8, Vermont Governor Phil Scott vetoed a bill that would have enacted the nation’s first Clean Heat Standard.… https://oilandenergyonline.com/articles/all/no-clean-heat-standard-vermont/

The New NORA

Oil & Energy’s exclusive interview with NORA President Michael Devine
Oil & Energy’s exclusive interview with NORA President Michael Devine From outside, the NORA Liquid Fuels Research Center in Plainview, New York looks much like any of the… https://oilandenergyonline.com/articles/all/new-nora/

NEFI Launches Federal PAC

Industry’s first ever dedicated federal Political Action Committee
Industry’s first ever dedicated federal Political Action Committee On April 13, the National Energy & Fuels Institute (NEFI) announced the official launch of its new federal… https://oilandenergyonline.com/articles/all/nefi-launches-federal-pac/

Streamlined Sales & Staffing

Companies just like yours are already using these tools to find new customers and employees
Companies just like yours are already using these tools to find new customers and employees Our industry is all about maximizing efficiency for our customers, but too often fuel… https://oilandenergyonline.com/articles/all/streamlined-sales-staffing/

About that Basis Blowout…

Recent oil market advance poses significant challenges to hedging next winter
Recent oil market advance poses significant challenges to hedging next winter By now everyone is acutely aware of the oil price volatility that has invaded our end-of-winter… https://oilandenergyonline.com/articles/all/about-basis-blowout/

Phew’er than Normal

Winter 2021-22 heating degree day review
Winter 2021-22 heating degree day review In terms of temperature departures and heating degree day totals, the 2021-22 winter season will be remembered as a book-ended winter.… https://oilandenergyonline.com/articles/all/phewer-normal/

Fueling a Sustainable Future, Today

Renewable Energy Group unveils complete line of bio-based diesel fuels
Left to right: Jeff Stroburg, REG Chairman of the Board; Bob Kenyon, REG Senior Vice President, Sales & Marketing; Bobby Brown and Robert Leon, Broco Energy; CJ Warner, REG… https://oilandenergyonline.com/articles/all/fueling-sustainable-future-today/

Are You Paying Enough to Compete for Employees?

Many companies plan to raise wages by more than 6% this year
Many companies plan to raise wages by more than 6% this year The energy industry has not escaped the nationwide labor crunch. A common concern we are hearing from our clients is… https://oilandenergyonline.com/articles/all/are-you-paying-enough-compete-employees/

Thieves Continue to Target High-Priced Gasoline

How to prevent stealing from service station pumps and tanks (part 2)
How to prevent stealing from service station pumps and tanks (part 2) Editor’s Note: For part 1, see “Rising Prices Embolden Thieves” It’s hard to miss a news or TV story… https://oilandenergyonline.com/articles/all/thieves-continue-target-high-priced-gasoline/

Trucking Fines Inflating

FMCSA increases penalties for trucking violations
FMCSA increases penalties for trucking violations On March 21, the Federal Motor Carrier Safety Administration (FMCSA) increased the civil penalty amounts that drivers and… https://oilandenergyonline.com/articles/all/trucking-fines-inflating/

On-Road Conservation 101

10 fuel-saving tips for diesel truck operators
10 fuel-saving tips for diesel truck operators Drivers of millions of passenger, delivery, and emergency vehicles and off-road machines and equipment in the United States rely on… https://oilandenergyonline.com/articles/all/road-conservation-101/

Heating Assistance Program Improvements

Trade associations secure higher margin-over-rack payments for fuel dealers
Trade associations secure higher margin-over-rack payments for fuel dealers The continued economic fallout of the COVID-19 pandemic put the federal Low Income Home Energy… https://oilandenergyonline.com/articles/all/heating-assistance-program-improvements/

Renewable Propane Arrives in Northeast

Fuel touted as 100% sustainable, fossil-free, and made in the USA
Fuel touted as 100% sustainable, fossil-free, and made in the USA On April 12, wholesale propane supplier Ray Energy Corp. announced its Hampton, New York terminal had received… https://oilandenergyonline.com/articles/all/renewable-propane-arrives-northeast/

2022 Hedging Survey

Hedgers confront major market disruptions head-on
Hedgers confront major market disruptions head-on There are price spikes and then there are Price Spikes. As questions were being drafted for Oil & Energy’s 2022 Hedging… https://oilandenergyonline.com/articles/all/2022-hedging-survey/

AEC Announces 2022 Match Program

R.W. Beckett & Sid Harvey’s Matching 25% of American Energy Coalition Contributions
The American Energy Coalition (AEC) announced that heating equipment distributor Sid Harvey’s and manufacturer R.W. Beckett Corp. have partnered to offer a challenge to their… https://oilandenergyonline.com/articles/all/aec-announces-2022-match-program/

Talking to Customers about Price Spikes

The DOs and DON’Ts of energy crisis communications
The DOs and DON’Ts of energy crisis communications Over the past few months, crude oil prices have spiked to record levels and then dropped to something approaching high normal.… https://oilandenergyonline.com/articles/all/talking-customers-about-price-spikes/

Unplugging Bottlenecks

How propane equipment wholesalers and installers can mitigate supply issues
How propane equipment wholesalers and installers can mitigate supply issues Supply chain disruptions tend to have a cascading effect, especially when it comes to labor and… https://oilandenergyonline.com/articles/all/unplugging-bottlenecks/

Cybersecurity Best Practices for Energy Marketers

The 4 most common computer hacks and 5 key defenses
The 4 most common computer hacks and 5 key defenses With news reports of cyberattacks shutting down everything from fuel pipelines to food distribution, it is not unthinkable… https://oilandenergyonline.com/articles/all/cybersecurity-best-practices-energy-marketers/

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