In The Magazine

Survival

Ask him what’s the biggest, most pressing industry issue he is dealing with in his position as executive director of the Vermont Fuel Dealers Association and Matt Cota answers with one word: “Survival.” And then of course, being the head of a state association, he elaborates. The specific challenge for VFDA members, he says in a phone interview with Fuel ...

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Joseph A. Porco of Porco Energy: 1961 – 2020

Joseph Anthony Porco, who with his brother Dominick operated Porco Energy, died Sunday, June 7, after falling ill at his home and being transported to Vassar Brothers Medical Center in Poughkeepsie, N.Y., the New York Propane Gas Association announced. Joe Porco with a treasured vintage Corvette. Photo courtesy of NYPGA. The Porco brothers operated Porco Energy in Marlboro and Wurtsboro, ...

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Transportation Regulation Update

FMCSA Modernizes Hours of Service Rules The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) published a final rule updating hours of service (HOS) rules for commercial motor vehicle (CMV) drivers. The updating of existing regulations is designed to increase safety on roadways.     The new regulations will go into effect on September 29, 2020, according to ...

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NYSEC Moves

As of Monday, June 1, the headquarters of the New York State Energy Coalition will be located in the former offices of the Oil Heat Institute of Long Island, Rocco J. Lacertosa, CEO of the Coalition announced. “We will continue to practice ‘social distancing,’” Lacertosa, said, adding that he and Coalition staffer Vicki Denicker will alternate days in the office ...

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Accepting Payments During Covid-19

As we are adjusting to business during Covid-19 the way we interact with our employees and customers has changed, writes Marci Gagnon. “Not only do we need to create new operational processes to keep employees and customers safe, we need to rethink how we accept certain types of payment,” Gagnon says. Here, the vice president of strategic alliances for Qualpay ...

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How to Hedge for Next Season

If you’re like a lot of oil companies out there, you’ve spent the past three months watching oil prices plummet while wondering whether you should be hedging now in anticipation of your cap or fixed price offerings, writes Richard Larkin. You may even have entertained just buying some product at a fixed price from your wholesaler since prices look so ...

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CEMA Goes to Hartford

The good news is that the effort to establish tolls was defeated, CEMA leaders told fuel marketers at a lobbying day at the Connecticut state capitol in Hartford. The bad news is that the state’s campaign for electrification poses an existential threat to fuel marketers, they said. Chris Herb, president of CEMA, holds up a vial of biodiesel as he ...

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Update: Slick Energy

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 ...

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Biofuel Diary

Friday the 13th of December 2019 Levi Bourne was driving home after a long day, typical in the fuel business for that time of the year. Here’s his account of what happened that day: My radio cut out and the Bluetooth from my cell phone took over to let me know my girlfriend Cassie was calling. I had received a ...

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