LP/Gas articles from November 2003

LP/Gas archives from November 2003

End of the Level saga.(View Point)(AmeriGas Inc.)(Level Propane Gases Inc.)
November 1, 2003... News that AmeriGas recently purchased former Ohio-based Level Propane (see story on page 32) brings to an end one of the wildest and most controversial issues that I have witnessed in my six years with this industry. Ever since owner Bill...

Supply survey.(In The Know)
November 1, 2003... In September 2003, Propane Resources held it second annual Propane Marketing and Operations Forum in Kansas City. One session covered the topic 'Building your Supply Plan.' Before the session, attendees were asked several questions to help set...

LP/gas stock index.(Illustration)
November 1, 2003... Propane Master Limited Partnership Comparison Company Symbol Quarter Price Ended (10/13/03) AmeriGas APU June $26.61 Ferrellgas * FGP ...

Propane MLP price history.(master limited partnerships)
November 1, 2003... [GRAPHIC OMITTED] Historic price index Propane stock price history calculated by averaging unweighted prices for AmeriGas, Ferrellgas, Heritage, Inergy, Star Gas and Suburban master limited partnerships. Sources: Public...

Weather watch.(Illustration)
November 1, 2003... Heating degree days by state State September Deviation Last 12 Deviation from norm months from norm Alabama 19 4 3584 -794 Alaska ...

Upcoming events.(Calendar)
November 1, 2003... * December 4-5 Propane Education & Research Council meeting in Houston. For details, contact Cindy Patterson at 202-452-8975 or cindy.patterson@propanecouncil.org. * January 16-17 National Propane Gas Association's Marketers' Management...

The truth about insurance premiums.(Safety First)
November 1, 2003... At my last association presentation, one of the attendees had the following double question: "What's going on with insurance premiums, and what can we do about it?" Great questions. First of all, I would urge everyone to get a copy of...

Do you suffer from tired eyes? Fix things the first time so you don't lose clients.(Business Matters)(plant inspection)
November 1, 2003... This story was told to me by a good friend who is now retired from the military. I am fascinated by the phenomenon he described, and I think that you'll agree that it applies to our businesses. A brigadier general noted for his tough...

Look for more hazmat safety measures.(Washington Report)
November 1, 2003... We may see some new federal efforts next year to improve hazmat carrier safety. The Senate Appropriations Committee has approved a funding bill for the Department of Transportation in 2004 that includes support for assorted initiatives at the...

Stricter hazmat penalties.(Briefly speaking: notes from Capitol Hill)(hazardous materials transportation)
November 1, 2003... The Research and Special Programs Administration has increased the maximum civil penalty for a known violation of a federal hazardous materials transportation law or regulation. The top fine has been raised from $27,500 to $32,500 and the...

Propane price brochure.(Briefly speaking: notes from Capitol Hill)(Propane Prices: What Consumers Should Know)
November 1, 2003... The Energy Information Administration has released a consumer brochure explaining propane prices and what determines their levels during the heating season. "Propane Prices: What Consumers Should Know" can be ordered by calling 202-586-8800 or...

RSPA rules state fees OK.(Briefly speaking: notes from Capitol Hill)(Research & Special Programs Administration)
November 1, 2003... A state can charge inspection fees on cargo containers and safety equipments on in-state vehicles without violating federal law, the Research & Special Programs Administration has ruled. Upon reconsideration, RSPA partially overturned its...

Security funding.(Briefly speaking: notes from Capitol Hill)(Chemical Safety & Hazard Investigation Board )
November 1, 2003... The Senate has voted to fund the Chemical Safety & Hazard Investigation Board at $8 million, an increase of $1.6 million, with a proviso to work with the Department of Homeland Security to identify requirements to protect plants from terrorism....

Accounting rule change may impact you.(Legal Ease)
November 1, 2003... An accounting rule change may alter the way employee ownership is reflected in your company's financial statements. This important change--known as Financial Accounting Standards Board Statement No. 150--effectively changes the Generally...

Are your trucks a target for terrorism? Homeland Security measures may ultimately include GPS tracking of bobtails, transports.
November 1, 2003... Alone and in the dark, bobtail drivers and bulk transport operators cover their routes around the clock, providing service well into the wee hours. Isolated conditions and an explosive cargo carry Homeland Security risks that are aggressively...

Propane Suppliers Guide: an expanded directory of the propane industry's top product sources.(Directory)
November 1, 2003... AmeriGas Propane 13105 Northwest Freeway, Suite 500 Houston, TX 77040 Phone: 281-552-4000 Fax: 281-552-4905 E-mail: Bartels@Amerigas.com Corporate Address: P. O. Box 965 Valley Forge, PA 19482 Phone: 610-337-7000 ...

AmeriGas acquires former Level Propane.(Industry)(Horizon Propane L.L.C.)
November 1, 2003... AmeriGas Partners has purchased substantially all of the retail propane distribution assets and business of Horizon Propane LLC in Westlake, Ohio, for $31.7 million. Horizon Propane, which purchased Level Propane out of bankruptcy in July...

PERC approves 2004 budget, raises assessment rate.(Propane Education and Research Council)
November 1, 2003... WASHINGTON, D.C. Retailers will pay an additional one-tenth of a cent per gallon sold of odorized propane to generate about $51 million to fund the 2004 budget of the Propane Education & Research Council. The PERC board approved the...

NPGA to sue in effort to resume linefill negotiations.(National Propane Gas Association)
November 1, 2003... WASHINGTON, D.C. In an effort to resume negotiations over a proposed linefill program by Enterprise Products Co., the National Propane Gas Association voted to file a lawsuit against the Federal Energy Regulatory Commission. FERC...

Lantern, grill regulator recalled by consumer safety group.
November 1, 2003... WASHINGTON, D.C. The Consumer Product Safety Commission is recalling a propane lantern sold by Target and some 35,000 gas grills with a faulty regulator. The Eddie Bauer lantern sold at Target between February and July could produce...

RIN program compliance deadline extended.(Requalifier Identification Number)
November 1, 2003... WASHINGTON, D.C. The Research and Special Programs Administration is extending its deadline for compliance on its controversial Requalifier Identification Number program from Oct. 1 to May 31. RSPA announced that it was unable to...

Team up with builders to boost profits.(Let's Talk)
November 1, 2003... Those looking to grow their businesses have many options when it comes to marketing strategies. For the reactive propane marketer, marketing may mean running an ad in the phone book and then waiting for the phone to ring. But in the retail...

Gas pains.
November 1, 2003... [ILLUSTRATION OMITTED] Caption: "BOB, WHY IS IT THAT EVERY DELIVERY WE MAKE IN NOVEMBER TAKES US OVER THE RIVER AND THROUGH THE WOODS?"