Author Archives: Stephen Bennett

How Long Does It Take to Sell Your Business in 2021?

As part of celebrating our 15th year in business, we posted 15 articles I had written over the last several years.  The number one article opened of the 15 was titled “How Long Does It Take to Sell Your Business.”  When I saw this, I was concerned.  I wrote that article over seven years ago and the financial and transaction ...

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Introducing ‘Renewable Revolution’

A new column by Tom Tubman of the American Energy Coalition and Sean Cota of the National Energy & Fuels Institute The oil heat industry came together on September 16, 2019 to adopt the Providence Resolution during NEFI’s HEAT Show (Heating & Energizing America Trade Show). It was an easy decision at the time, given the multitude of state legislative ...

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FuelCloud Launches ‘Truck System’ for Bulk Delivery

FuelCloud, Inc. launched FuelCloud Truck System, a fuel delivery system designed to speed and simplify fleet fueling, and make it more affordable for jobbers. Built on cloud-based technology, the FuelCloud Truck System supports accurate fleet fueling without on-truck hardware or manual delivery reconciliation, the company says. The core of the FuelCloud truck system is a software integration of FuelCloud’s transaction ...

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DOJ Recaptures Most of Ransom Paid by Colonial Pipeline

The Department of Justice has found and recaptured the majority of the ransom that Colonial Pipeline paid to the Dark Side Network in the wake of last month’s ransomware attack.  Deputy Attorney General Lisa O. Monaco issued a statement on June 7 in conjunction with a news conference in Washington, D.C., where she described the department’s efforts, along with other ...

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Colonial Pipeline: ‘We have restarted our entire pipeline system.’

Update by Colonial Pipeline: Thursday, May 13, 4:40 p.m. Colonial Pipeline has continued to make substantial progress in safely restarting our pipeline system. We can now report that we have restarted our entire pipeline system and that product delivery has commenced to all markets we serve. Following this restart, it will take several days for the product delivery supply chain to ...

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‘Law & Odor’ and Propane: May 20 Lecture

As part of the ongoing series Virtual Propane Expo, at noon EST on Thursday, May 20, John McCoy, a partner with McCoy Leavitt Laskey,  LLC will lecture on Odorant 49 CFR § 173.315 Compressed Gases In Cargo Tanks and Portable Tanks. Included in the lecture will be an explanation of the March 23, 2021, US DOT Pipeline and Hazardous Materials ...

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Trucking Association CEO Says U.S. Supply Chain is Nearing Crisis

Growing pressures on the U.S. supply chain are fast approaching crisis levels, American Trucking Associations President and CEO Chris Spear told the Senate Commerce, Science & Transportation Committee.  Immediate action from Congress is needed to ensure that economic recovery is not derailed by further disruptions, Spear said in testimony before the Subcommittee on Surface Transportation, during a May 11 hearing ...

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NEFI: FMCSA Issues Emergency Waiver for Colonial Pipeline Relief

The Federal Motor Carrier Safety Administration (FMCSA) has issued an Emergency Declaration in response to the unanticipated shutdown of the Colonial pipeline system, reported the National Energy & Fuel Institute in its May 11 newsletter, NEFI Online News. The declaration was prompted by network issues that affect the supply of gasoline, diesel, jet fuel, heating oil and other refined petroleum ...

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Colonial Pipeline System Disruption

May 10, 2021 FBI Update: The FBI confirms that the Darkside ransomware is responsible for the compromise of the Colonial Pipeline networks. We continue to work with the company and our government partners on the investigation. Update — Sunday, May 9, 5:10 p.m. On May 7, Colonial Pipeline Company learned it was the victim of a cybersecurity attack and has since determined ...

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