Now that the winter is behind us, dealers are reflecting on how things went financially and how to shift gears for the remainder of the year to get back on track with their annual profit targets. If you were like most full-service dealers, you experienced a mix of ups and downs over the course of this past winter. For the ...
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Biofine Signs Lease for Refinery Site
The Lincoln Town Council voted to approve a 20-plus-year lease between the town of Lincoln, Maine, and Biofine Developments Northeast (BDNE) for the development of a biofuels refinery on the site of the former Lincoln Pulp & Tissue Mill, now known as the Lincoln Technology Park. Construction of the project is expected to commence by July of 2024. The Biofine ...
Read More »NEFI Responds to Massachusetts CHS
The National Energy & Fuels Institute submitted comments to the Massachusetts Department of Environmental Protection on its proposed Clean Heat Standard (CHS). (Click here to read full text.)“The most troubling item in the Massachusetts CHS is that heating fuel dealers will be required to convert a minimum of 3 percent of their homes to electric heat each year,” NEFI said in ...
Read More »Crushing the American Dream
Life, Liberty and the Pursuit of Happiness are, as the Declaration of Independence states, certain unalienable rights. The business world, and the delivered fuels industry (heating oil and propane) in particular, has enabled many people to pursue their dreams and create happiness for their families, employees and customers. The fuel industry has some great history. In 1933 Leon Hess, age ...
Read More »Reit Energy Acquires Walter A. Dwyer
Reit Energy of Warminster, Pa., acquired assets related to the delivered fuels, HVAC, and plumbing business of Walter A. Dwyer, Inc., of Ambler, Pa., Cetane Associates announced. With beginnings dating back to 1875, merely ten years after the U.S. Civil War, Dwyer has a lengthy history that includes selling building materials, coal, oil, heating services, boilers, and plumbing. Its founder, ...
Read More »New York Has A Propane Container Law
The New York Propane Gas Association (nypropane.com) announced recently that the state now has a propane tank “container law” on the books, reports Shane Sweet: For those who have not followed this process, NYPGA has been pursuing the passage of a container law for the better part of 10 years. Lawmakers in New York twice passed container law legislation, twice ...
Read More »Simpson Launches Notch Capital to Support Business Growth, Provide Recapitalizations
Heating and cooling industry finance veteran Jeffrey Simpson announced the formation of private investment firm Notch Capital, LLC to partner with founder and family-owned fuel distribution, HVAC and home services companies. The firm will invest private capital for majority business purchases and equity recapitalizations. Notch Capital will structure acquisition transactions to permit owners to sell their stake in its entirety ...
Read More »Palmer Gas & Oil Launches New Training Facility
Palmer Gas & Oil launched its new technical training lab with the goal of fostering innovation, promoting hands-on learning, and advancing the technical skills of its staff. Designed and developed by technical trainer Terry Rickards, and managed by industry veteran Don Lamprey, the lab is designed to provide real-world HVAC training in a comfortable and familiar environment. Says Peter Iacobucci, ...
Read More »Eastern Energy Expo: Atlantic City, May 21-24
Eastern Energy Expo 2023 will be held May 21 – 24, 2023, in Atlantic City, N.J. The Trade Show and all Business and Technical Education Track programs will be held at the Convention Center. Sunday evening Welcome Reception, Monday Hospitality Night and Tuesday OESP Awards Banquet will be held at Harrah’s Resort. For complete information, and to register, visit www.easternenergyexpo.com/. ...
Read More »Massachusetts Trucking Executive Urges ‘Achievable’ Emissions Standards
Andrew Boyle, co-president of Massachusetts-based Boyle Transportation and first vice chairman of the American Trucking Associations, told Congress the trucking industry was committed to further reducing emissions but that regulations must be technically achievable, national in scope, and set on a realistic timeline. Testifying before the Senate Environment and Public Works Committee’s Clean Air, Climate and Nuclear Safety Subcommittee on ...
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