Breaking News

“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 ...

Rhoads Energy Corp. in Lancaster, Pennsylvania, acquired the full-service heating oil business of Mack Oil Company, Inc., in Malvern, Pennsylvania. The acquisition was announced by Cetane Associates, which served as the arranger and financial advisor for Mack Oil Co. Founded in 1931, Mack Oil, operating under the name Mack Services Group, delivers heating oil and HVAC services to residential customers ...

Online fuel marketer Slick Energy, launched in the fall of 2017, has more than 20 participating fuel marketers, reports co-founder and CEO Chris Buchanan. About half of Slick Energy’s market is in Massachusetts, with the balance in southern New Hampshire and northern Rhode Island, Buchanan said. The online platform (www.slickenergy.com) pools heating oil orders based on geographic regions; the company ...

Bergquist, Inc., appointed Lauren Clark as president. Bergquist also announced new roles for three other employees: Bob Barry was named chief financial officer; Joe Montroy was named vice president of sales; and Scott Biggs, director of outside sales. Lauren Clark is the newly named president of Bergquist, a wholesale distributor of propane equipment. Photos courtesy of Bergquist, Inc. Formerly, as ...

President Trump signed into law a year-end spending bill that includes a five-year extension of the federal biodiesel tax credit, the New England Fuel Institute said in an email to members today. The Institute called the extension “an important move that will help the heating oil industry achieve its goals of higher blends of renewable fuel and significant reductions in ...

The biodiesel and renewable diesel tax credit would be extended by five years under an agreement reached by Congressional leaders, according to reports by the New England Fuel Institute and the Empire State Energy Association. Under the agreement, reached Dec. 17, the tax credit would be retroactively extended at $1 per gallon for the 2018 and 2019 tax years, according ...

A lawsuit challenging Rhode Island’s truck-only tolls can proceed in federal court. The U.S. Court of Appeals for the First Circuit ruled Dec. 5 that the lawsuit, by the American Trucking Associations and other groups, was not barred by the federal Tax Injunction Act, ATA said. The act generally prohibits federal courts from hearing challenges to state taxes. The First ...

The Federal Motor Carrier Safety Administration (FMCSA) is set to announce a two-year delay to its Entry-Level Driver Training (ELDT) Rule scheduled to go into effect Feb. 7, 2020, reports the New England Fuel Institute. “The ELDT rule is important to heating oil dealers because it requires rigorous new training for both new CDL license applicants and current CDL holders ...

IFM Investors announced that it acquired Buckeye Partners. Buckeye’s assets include 6,000 miles of pipeline, with over 100 delivery locations and 115 liquid petroleum products terminals with aggregate tank capacity of over 118 million barrels, and a network of marine terminals located primarily in the East and Gulf Coast regions of the United States, as well as in the Caribbean. ...

OHILI and NYOHA approved a merger of their associations. The merged organizations will be known as the New York State Energy Coalition or NYSEC, the groups said in a statement. A special general membership meeting of the Oil Heat Institute of Long Island will be held on Wednesday, Nov. 6 to announce details of the merger and the transition. The meeting will ...