Operations

To Hedge or Not to Hedge

By Keith Reid Hedging is a time-honored risk management solution that is applied to a broad range of commodities and financial instruments. It’s main purpose is to mitigate volatility and protect margin by providing some certainty in what are uncertain markets. In the airline industry, the practice offered some carriers, such as Southwest Airlines, significant advantages in the high volatility ...

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The 2016 WPMA EXPO

The 2016 WPMA EXPO ran Feb. 16-18 at the Mirage Hotel in Las Vegas. The cornerstone event of the Western Petroleum Marketers Association, it featured a range of educational sessions including a presentation by PMAA’s new chairman Rob Underwood, and an Expo with over 280 exhibitors. The exhibitors provided solutions from rack to retail on the fuel side. While the ...

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ENTECH Stamford Branch is Ready for Business

Entech Advanced Energy Training is a state-certified, private, non-profit, technical school affiliated with the Connecticut Energy Marketers Association.  It is an approved post-secondary school by Connecticut Office of Higher Education Enrollment is now open at the Stamford Branch. ENTECH will be offering the full S License Program beginning April 5, 2016. Classes will be held on Tuesday and Thursday evenings, ...

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To Pre-Authorize or Not to Pre-Authorize? That is the question.

By Collin Sullivan, national accounts manager, AVATAS Payment Solutions If you accept credit cards you know that running a pre-authorization on a card is always an option. But how well do you know what it is, when to use it or its implications for your bottom line? We steer our customers away from pre-authorizations in favor of running the transactions ...

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AHR Expo 2016

By Stephen Bennett Despite travel disruptions caused by Winter Storm Jonas–cancelled flights, travel bans in the Northeast and Mid-Atlantic–nearly 61,000 people participated in the 2016 International Air-Conditioning, Heating, Refrigerating Exposition, Jan. 25-27 at the Orange County Convention Center in Orlando, Fla. By official count, the Expo drew 60,926 registered attendees, consisting of 18,254 exhibitor personnel and 42,672 visitors, said the ...

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More Cash and Higher Values

  By Steve Abbate Almost every Seller of a business wants to be paid all cash at closing and most buyers prefer to present offers where the seller gets paid over time, typically on a performance based formula. As most advisors will tell a seller, the future of the buyer is uncertain and the only way to completely secure your ...

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The Prospects for Pellets

Emissions requirements and changes in energy markets affect the wood pellets industry By Steve Bennett A couple of years back, some consumers regarded wood pellets as an attractive and affordable alternative, or supplement, to heating oil. Since then, the prices of oil and natural gas have dropped. Also, the EPA on Feb. 3, 2015, updated its clean air standards for ...

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Sunny Days for Solar Power

The solar energy industry looks to a bright future By Stephen Bennett For fuel oil dealers seeking to diversify, selling and installing solar-powered systems is an option with renewed potential, experts said. The industry is looking forward to robust growth in part because a five-year extension of a solar investment tax credit was included in a tax and spending package ...

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MA Oilburner Code Seminar

Complete course on the NEW Massachusetts Oil Burner Amendments to NFPA 1. This course is technically oriented and reviews the regulation from the standpoint of an inspector and an installer who wish to conform to all applicable requirements. Features work-arounds and methods that provide for Code Compliance, operating safety and proper operation and is ideal for both apprentices and senior ...

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Demystifying Credit Card Processing

By Collin Sullivan, National Account Manager, AVATAS Payment Solutions Understanding credit card payments was one of my immediate challenges when I joined this industry. It’s a confusing process for those who don’t live it every day, and some merchants are taken advantage of because they lack deeply specific knowledge. With that in mind, I’ve put together a quick “credit card ...

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