Breaking News

15 Injured in Natural Gas Explosion

A natural gas explosion left 15 people injured in Stafford Township, N.J. The explosion occurred on the morning of Tuesday February 24th as gas crews were attempting to find the source of the leak in a nearby 2-inch main. Investigators told the Associated Press that the gas traveled along a water pipe into an unoccupied house. They said an appliance ...

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EPA Official Offers Hint on Future of RFS

Care of Pennsylvania Petroleum Association On Thursday, a high ranking U.S. Environmental Protection Agency official indicated the agency plans to base its 2014 Renewable Fuel Standard blending volumes on actual biofuels production and fuel consumption. Additionally, 2015 RFS blending volumes will be based on actual production to date and projected gasoline demand through the rest of the year. Chris Grundler, ...

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Oil Prices Climbing Slowly

Residential prices across New England were up some 12 cents per gallon between February 16 and February 25, from 2.94 to 3.15, according to the Energy Information Administration. The increase suggests, along with gasoline prices and other fuels moving up that the shock of OPEC’s big news that they wouldn’t be slowing production is wearing off. Prices bottomed out at 2.77 at the ...

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Randy Kayser, Longtime Rep for Boston Steel & Mfg. Co., Tremcar Dies

MALDEN, Mass. — Boston Steel & Mfg. Co./Tremcar USA reports the death of Randall (Randy) Kayser, 81, Havertown, MD, a well known sales representative and astute resource for the  transport segment of the retail heating oil distribution industry, especially for the Mid-Atlantic states. Randy served Boston Steel & Mfg. Co. for over 25 years and was relied upon for his truck ...

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Power Prices Surge on Higher Natural Gas Prices

From American Energy Coalition  Electric ratepayers in the Boston and New York City markets are paying more for electricity due to increasing natural gas prices, and some power generators are switching from natural gas to oil, because oil costs less, according to a recent report by Bloomberg News. Natural gas spiked recently to its highest levels in 11 months, according ...

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API opens office in Colorado; Hires Tracee Bentley

WASHINGTON – The American Petroleum Institute today announced the establishment of a Colorado Petroleum Council that will focus on energy priorities in the state, including hydraulic fracturing and energy infrastructure, as the state seeks to create jobs, generate more revenue to the government, and produce more domestic energy. In making this announcement, API also has hired Tracee Bentley, a former ...

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Renewable Energy Group Announces Share Repurchase Program

AMES, Iowa — Renewable Energy Group, Inc.  announced that its Board of Directors has approved a share repurchase program of up to $30 million of the Company’s shares of common stock. Under the program, REG may repurchase shares from time to time in open market transactions, privately negotiated transactions or by other means. The timing and amount of repurchase transactions ...

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Keep Michigan Warm Coalition Focused on Community Strategies

From Coalition to Keep Michigan Warm DETROIT — Coalition to Keep Michigan Warm members are meeting with state lawmakers onWednesday, Feb. 18, at the state Capitol to raise awareness about the energy assistance needs of Michigan’s low-income households. Earlier this month, Gov. Rick Snyder issued a formal proclamation designating February 2015 as Keep Michigan Warm Month. “The Coalition to Keep Michigan Warm ...

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