Author Archives: Stephen Bennett

Online Extra: Heating Season Fuels Outlook (Part II)

Below is “Part II” of the “Heating Season Fuels Outlook: 2016-2017,” in which two executives with Sprague Energy, Managing Director David P. Daoust and Natural Gas Supply Manager Shaun Kennedy, responded via email to questions from Fuel Oil News. FON: How do you see this coming season compared to last heating season? Daoust and Kennedy: It would be difficult to ...

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Heating Season Fuels Outlook: 2016-2017

By Stephen Bennett Fuel inventories are plentiful going into this heating season. What does that signify for this final quarter of 2016 and the first four months of 2017? Fuel Oil News interviewed three experts for their thoughts: Philip J. Baratz, president of Angus Energy, a firm that helps companies manage fuel price volatility, and offers business consulting services and ...

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Energtek to Acquire HOP Energy for $65 Million

Energtek Inc., New York, N.Y., a company specializing in adsorbed natural gas technology, said it will acquire HOP Energy Holdings, Inc., White Plains, N.Y., for a cash purchase price of $65 million. HOP is a full-service energy company, serving about 80,000 commercial and residential customers, Energtek said in a statement announcing the planned acquisition. Energtek expects to use HOP as a ...

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Looking Ahead

Who can see into the future? The question comes up in our cover story this month, the “Heating Season Fuels Outlook.” Palm readers and others of that ilk might claim to be able to see what’s ahead. The experts we interviewed made a point of declaring that they make no such claims. But they are seasoned professionals with collective decades ...

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‘Concierge Service’ Is a Step Beyond Full-Service

A basic full-service energy marketer is defined as a company that not only delivers fuel, but provides the associated 24-hour HVAC services necessary to repair heating units in the event of a breakdown. There are many levels of service being provided by full-service fuel marketers. Most full-service providers also repair air conditioning units, provide or lease propane tanks, and offer ...

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Hoping for Cold

Winter is around the corner, and perhaps it will be a colder one than last year, as my associates in the oil business are hoping. Recently I’ve had a chance to speak with oil dealers, manufacturers and suppliers regarding their sales for the 2015-16 season and, across the board, they all said that their sales were off and they attributed ...

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OESP Service Manager of the Year: Mike Hodge of Griffith Energy Services

By Stephen Bennett Mike Hodge is a staunch supporter of technical education. In the late 1960s and early 1970s Hodge’s stepfather owned a small oil company, and that’s where young Hodge received his initiation into the trade, helping his stepfather, and then going on to attend a vocational-technical school in Howard County, Maryland. “In those days they called it ‘plumbing ...

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Report: Northeast Propane Show

Propane marketers and equipment vendors convened in Boxborough, Mass. By Stephen Bennett The Northeast Propane Show provided an opportunity for 1,400 exhibitors and attendees to “get some education, see some new products, ask a lot of questions and go home excited about what they do, ready to grow their business,” said Joe Rose, president of the Propane Gas Association of ...

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COHA Wants Data

Reliable information about leaks and spills is hard to get. COHA is working on that. By Stephen Bennett In this age of “Big Data” the Canadian Oil Heat Association is working to promote consistent, detailed reporting of leaks and spills, to be followed by prompt remediation. Development of a so-called information hub “so everybody’s working off the same information,” was ...

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Cargas Energy’s 8th Annual Customer Conference Draws More Than 250 Attendees

Fuel delivery and HVAC software company Cargas Systems reported that it brought over 250 attendees to the Lancaster County Convention Center in Lancaster, Pa., for its 8th annual Cargas Energy Summit. Attendance was 40% more than last year’s event, the company said. “The theme of the conference was community. It’s where we could all come together—Cargas employees, customers, and partners—to help ...

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