Industry News

The administration’s final budget proposal, which includes new energy taxes, signals a lame duck assault on American consumers, jobs and our nation’s economy, according to API President and CEO Jack Gerard. “No longer constrained by electoral considerations, the administration has shifted from a balanced all-of-the-above strategy on energy to an extreme policy objective: to choke off America’s energy renaissance and ...

By Keith Reid Exactly three years ago Fuel Oil News covered a new company, SmartClick Energy, that offered an affiliate program for industry heating oil dealers with an online buying experience for the customer. The goal was to sign dealers to specific territories throughout the Northeast and Mid-Atlantic States to generate incremental gallons beyond their existing customer base. SmartClick would ...

  The 2016 National Biodiesel Conference & Expo ran Jan. 25-28 in Tampa, Fla. Hosted by the National Biodiesel Board, the conference drew in over 1,000 supporters and industry leaders from coast to coast. Here are some highlights. As the biodiesel conference began, the EPA released the numbers showing that US consumers used a record of nearly 2.1 billion gallons ...

FON asked a range of regional and national association executives to comment on their plans for 2016. The request came out at a busy and distracting time of the year (over the holidays) and also at a time when some associations had yet to formalize their plans for 2016. However, we have received the following responses. Of course, a lot ...

By Keith Reid So far, this winter is turning into a dud. Though at late-season save is not out of the question. On the plus side for the deliverable fuels industry, oil prices and propane prices are low and are likely to stay that way. But, the same can be said for natural gas, only with a little more uncertainty about ...

Kolmar Americas, Inc., an integrated petroleum, petrochemicals, and renewable fuels marketing and trading company headquartered in Bridgeport, Conn., has announced its acquisition of the Connecticut biodiesel production facility American GreenFuels, LLC, which is located in New Haven, Conn. Formerly known as Greenleaf Biofuels, LLC, the biodiesel plant, which is the largest operation of its type in New England, operates from ...

ArcLight Capital Partners, LLC, one of the leading private equity firms focused on energy infrastructure investments, announced on Dec. 29 the purchase of Gulf Oil, LP from Cumberland Farms, Inc. The acquisition of Gulf is the second major terminal acquisition by ArcLight in the past twelve months. In a related transaction, Blue Hills Fuels, LLC, another ArcLight affiliate purchased Gulf’s ...

The Following update is from CEMA, sent on Jan. 14: In October of 2014, CEMA sued the Department of Environmental Protection (DEEP) and the Public Utility Regulatory Authority (PURA) for their failure to enforce the states’ environmental laws concerning the natural gas expansion and conversion plan. Our claim is that the Comprehensive Energy Strategy (CES), which calls for the construction of ...

API and a coalition of concerned business groups filed a lawsuit Wednesday against EPA’s unnecessary and costly tightening of ozone NAAQS standards, according to API Vice President and General Counsel Stacy Linden. “Our nation’s air has been getting cleaner without costly new regulations, but the administration ignored science by changing the ozone standards before states could fully implement existing standards,” ...

On January 15, REG headed back to Time Square to ring the NASDAQ Stock Exchange’s opening bell. This was the third time that REG has rung in the start of a trading day. The first time was in 2012 when REG became a publicly traded company. The second came in 2014 when REG celebrated its second anniversary on the market. “The energy ...