Author Archives: Stephen Bennett

Coronavirus Wreaks Havoc

The dire risk to public health posed by the coronavirus pandemic is forcing changes in workplace policies, including in the offices of fuel marketers. And to try to limit its spread, organizers of industry expos, conventions and conferences have announced postponements. The National Propane Gas Association canceled an upcoming conference and expo. Further details on those changes appear below. Meanwhile, ...

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A Message from the Publisher of Fuel Oil News

At EPG Media & Specialty Information, we are here to support our customers, including our advertisers and readers, as we all navigate through the current challenging global environment. We are continuing to do business as usual, providing vital industry information to our readers as planned via various means – in print, online, enewsletters, digital editions, eblast, podcasts, social media, webinars ...

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How to Hedge for Next Season

If you’re like a lot of oil companies out there, you’ve spent the past three months watching oil prices plummet while wondering whether you should be hedging now in anticipation of your cap or fixed price offerings, writes Richard Larkin. You may even have entertained just buying some product at a fixed price from your wholesaler since prices look so ...

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Alert: Credit Card Pricing Updates

Is your company prepared for the credit card pricing updates coming in April 2020? It is not uncommon for the card brands to update their rates twice a year, once in April and once in October.  However, fuel marketers have been fortunate over the past decade, with pricing updates on payment acceptance being largely confined to “association expense” fees, such ...

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Emergency Declaration to Include Fuel Deliveries

O​n March 18, the Federal Motor Carrier Safety Administration issued an expanded national emergency declaration to provide hours-of-service and other regulatory relief to commercial vehicle drivers transporting emergency relief in response to the nationwide coronavirus (COVID-19) outbreak, the New England Fuel Institute reported in a Regulatory Alert emailed to members. “In keeping with NEFI’s request from earlier this week, the ...

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CEMA Goes to Hartford

The good news is that the effort to establish tolls was defeated, CEMA leaders told fuel marketers at a lobbying day at the Connecticut state capitol in Hartford. The bad news is that the state’s campaign for electrification poses an existential threat to fuel marketers, they said. Chris Herb, president of CEMA, holds up a vial of biodiesel as he ...

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Organizers Postpone Eastern Energy Expo to August 2-5

Organizers of the Eastern Energy Expo postponed the event, scheduled for the middle of May, to early August. Here is an announcement that the organizers issued on Tuesday, March 17: “Based on guidance from the Centers for Disease Control and Prevention and the joint announcement by New Jersey Governor Phil Murphy, Connecticut Governor Ned Lamont and New York Governor Andrew ...

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FMCSA EMERGENCY DECLARATION

An emergency declaration has been issued by the Federal Motor Carrier Safety Administration. Here is the complete text of the emergency declaration, which was issued on March 13: The President has declared an emergency under 42 U.S.C. 5121, et seq., and pursuant to 49 CFR 390.23(a)(l)(i), an emergency exists that warrants an exemption from Parts 390 through 399 of the ...

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NPGA Cancels Convention & Expo in Nashville

“Following our U.S. President’s advice, NPGA is officially cancelling the Southeastern Convention & International Propane EXPO, scheduled for Nashville, TN, April 5-8,” NPGA President and CEO Steve Kaminski announced March 13. “This decision was made unanimously by me, each of NPGA’s officers, and the Chair of NPGA’s Convention Committee,” Kaminksi said, pointing out that the decision was made after President ...

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Obituary: John S. Rider

John S. Rider, who worked at Agway Energy Products, Webber Energy Fuels, and Dead River Co., and had been a member of the Better Home Heat Council of New Hampshire, died on Feb. 14 at his home in Swanzey, New Hampshire. He was 70. He had multiple myeloma, according to an obituary published online. John S. Rider worked for a ...

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