Kevin Burch, president of Jet Express Inc., Dayton, Ohio, and the incoming chairman of the American Trucking Associations, emphasized the important role of well-maintained infrastructure in a roundtable discussion hosted by U.S. Rep. Sam Graves (R-Mo.), chairman of the House Transportation and Infrastructure Committee’s Subcommittee on Highways and Transit. “Having good, uncongested highways is important to my company and to trucking companies ...
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NORA Releases Free Fuel Savings Analysis Calculator
The National Oilheat Research Alliance released the new version of its Fuel Savings Analysis Calculator, which uses test data on oil-fired boilers to demonstrate the value of equipment upgrades with consumer-friendly metrics. The FSA calculator can help Oilheat salespeople overcome the limitations of the Annual Fuel Utilization Efficiency (AFUE) metric, the association said. AFUE is a measure of how efficient an ...
Read More »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 ...
Read More »Massachusetts’ Highest Court Rejects ‘Pipeline Tax’
Charging residential electricity customers to subsidize a so-called “pipeline tax” to pay for construction of private natural gas pipelines is unlawful, the Massachusetts Supreme Judicial Court ruled. Days after the Aug. 17 decision on a lawsuit brought by the Conservation Law Foundation, four electric utilities under Eversource and National Grid withdrew petitions for capacity on Access Northeast, a $3 billion ...
Read More »GV90+ Condensing Cast Iron Boiler from Weil-McLain
Weil-McLain® offers the GV90+® high efficiency cast iron boiler for energy efficient, comfort heating in residential applications. The GV90+ features streamlined controls with simple setup, low maintenance and durable design for the long run. Assembled in Weil-McLain’s state-of-the-art manufacturing facility in Eden, N.C, the unit features a high performance durable cast iron primary heat exchanger made from approximately 70% recycled ...
Read More »API: Legislation Targeting Oil and Natural Gas Production is Misguided
Legislation introduced by Democratic senators that would increase liability for oil and natural gas companies is “unnecessary and out of step” with voters’ energy priorities, American Petroleum Institute Executive Vice President Louis Finkel said. “Congress should be focused on strengthening the U.S. energy resurgence, which has lowered consumer costs, boosted manufacturing and enhanced national security,” Finkel said in a statement. ...
Read More »AEC: National Grid Rate Hike Plan Meets Stiff Opposition
CBS reports that National Grid is looking to increase bills by $16 per month for the average customer, noted the American Energy Coalition. National Grid’s president said the rate hike is necessary because there is a large discrepancy between what the state allows the company to collect and the increasing expenses it faces, according to the CBS report. National Grid ...
Read More »Larry Jordan Selected for Top PMAA Honor
Former PMAA Chairman Larry Jordan has been selected to receive PMAA’s highest honor, the Distinguished Service Award. The award will be presented at a luncheon held in his honor on Tuesday, October 18, in Atlanta, Georgia. “I am honored to receive this award and especially humbled to join the ranks of past recipients,” Jordan said. Georgia marketer Tommy Thompson served ...
Read More »NORA Technical Workshop—Sept. 14 @ 8:00am – 5:00pm
The National Oilheat Research Alliance (NORA) will hold a Technical Workshop in Newport, Rhode Island in conjunction with the Southern New England Energy Conference. This is the first NORA Technical Meeting following their reauthorization and it is a great opportunity to share detailed information on the latest results of the NORA research projects and other technical developments. Major topics planned ...
Read More »Stone Road Energy Acquires Dorr Oil Company
Rush Street Capital announced that it has procured financing for Stone Road Energy, a Stone Road Capital Partners portfolio company. Proceeds from the financing were used for the acquisition of Manchester, Vt. – based Dorr Oil Company, Inc., and the purchase of storage tanks and equipment. The financing closed on June 17, 2016. RSC was the exclusive financial advisor to ...
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