LP/Gas articles from October 2001

LP/Gas archives from October 2001

Help from Hometown, U.S.A.(Brief Article)
October 1, 2001... The blue-collar Cleveland neighborhood where I live never looked so good as it has in the weeks since America was incomprehensibly attacked Sept. 11. Almost without exception, proud homeowners fly the U.S. flag as a silent expression of...

LP/GAS STOCK INDEX.(Statistical Data Included)
October 1, 2001... LP/GAS STOCK INDEX Propane Master Limited Partnership Comparison Company Symbol Quarter Price Distri- Ended (8/21/01) bution AmeriGas APU June ...

Propane MLP Price History.(Brief Article)
October 1, 2001... B Historic price index Propane stock price history calculated by averaging un-weighted prices for AmeriGas, Cornerstone, Ferrellgas, Heritage, Star Gas and Suburban master limited partnerships. Sources: Public information and ...

Upside down and back to normal for acquisitions.(Brief Article)
October 1, 2001... I've never met anybody in acquisitions who wouldn't tell at least a little fib, to keep you from knowing what was really happening. Mergers and acquisitions are both a "big" topic and a "small" topic in the propane industry. It's also a...

MAILBOX.(Brief Article)
October 1, 2001... On PERC Your (August) Viewpoint article about investing in our future failed to mention two key issues surrounding that particular PERC fee increase, such as the five other states that expressed similar concerns in addition to ours, and...

AUGUST WEATHER WATCH.(Illustration)
October 1, 2001... AUGUST WEATHER WATCH Heating degree days by state State August Deviation Year- Deviation from norm to-Date from norm Alabama 0 0 0 ...

Pipelines vulnerable to terrorist attacks.
October 1, 2001... Airborne fuel caused the Sept. 11 conflagrations that shocked the United States. But while airline safety gets a public upgrade, could the next terrorist strike hit fuel at ground level or underground? Pipelines may be vulnerable to...

Expanded medical leave.(Brief Article)
October 1, 2001... The White House plans regulations to expand medical leave provisions. They would permit workers on leave under the Family and Medical Leave Act to also collect unemployment insurance benefits. This will be a highly charged issue, with...

Recalculating overtime pay.(Brief Article)
October 1, 2001... A Labor Department advisory of stock options says companies that grant options to workers who are eligible for overtime pay have to include the option profits in the workers' wage base and increase their overtime pay. The advisory has...

Taxing the sale of business.(Brief Article)
October 1, 2001... Legislation is pending in Congress to kill a little-noticed tax item. The tax law change forces most sellers of small businesses to pay all of the taxes due on their gains up front rather than in yearly installments. To offset the cost...

Newest MLP sees plenty of room to grow.
October 1, 2001... Not yet five years old, Inergy has quickly become one of the nation's fastest growing propane marketing and distribution firms. Inergy sells about 50 million gallons of propane annually to 70,000 consumers from 30 customer service centers...

DOT asks hazmat tranporters to take special precautions.(Brief Article)
October 1, 2001... The U.S. Department of Transportation is asking anyone who works with hazardous materials to take extra precautions in light of the Sept. 11 terrorist attacks in New York, Washington, D.C., and Pennsylvania. The DOT told NPGA that members...

PERC meeting postponed, moved from nation's capital.(Brief Article)
October 1, 2001... The Propane Education & Research Council will meet in Baltimore on Oct. 30-31 to consider its proposed budget for 2002, among other items. The meeting was originally scheduled for Sept. 18-19 in Washington D.C., but was postponed following...

Summer stock build was strong; Midwest posts biggest increase.(Brief Article)(Statistical Data Included)
October 1, 2001... Propane inventories across the United States increased by 5.6 million barrels in August. Inventories stood at 67.5 MMB, the highest end-of-August level since 1998, according to the Energy Information Administration. Gains were...

New OSHA leader vows to make agency more 'value-added'.(Brief Article)
October 1, 2001... The newly confirmed head of the Occupational Safety and Health Administration is pledging to promote the value of safety and health, and to make OSHA a "value-added agency." John Henshaw, assistant secretary of labor for OSHA, identified...

Gas Equipment Co. acquires supply company it sold earlier.(Brief Article)
October 1, 2001... Dallas-based Gas Equipment Co. will acquire Atlanta-based Gas Equipment Supply Co. from the family who purchased it 45 years ago. Milt LaDue founded both companies; Gas Equipment in 1937 and Gas Equipment Supply in 1947. In 1956, the...

Star Gas Partners acquires heating oil distributor.(Brief Article)(Statistical Data Included)
October 1, 2001... Star Gas Partners has acquired the assets of ProvEnergy Oil from Southern Union Co. ProvEnergy served 15,000 customers with about 12 million gallons of heating oil each year. Transaction details were not released.

Faulty connection forces recall of propane camping lanterns.(Brief Article)
October 1, 2001... Wenzel Co. of St. Louis, Mo., is voluntarily recalling 290,000 camping lanterns fueled by a disposable propane cylinder. A faulty connection can allow gas to escape and ignite during lighting or normal use of the lantern. The propane...

PERC seeks funding for safety program communications plan.(The Propane Education and Research Council wants funding.)(Brief Article)
October 1, 2001... The Propane Education & Research Council is asking for $266,857 in an expedited funding request to present two regulatory compliance programs to the industry. The compliance programs were previously approved by PERC to be distributed,...

PERC launches redesigned Web site, will include rebate info.(Propane Education and Research Council offers new Web site.)(Brief Article)
October 1, 2001... Propane Education & Research Council has retooled its Web site to make it easier for visitors to find the information they need. The site, at www.usepropane.com, will have an expanded grants and rebates database and an energy savings...

NPGA urges DOE to consider source-to-site consumption.(The National Propane Gas Association is asking the U.S. Department of Energy.)(Brief Article)
October 1, 2001... The National Propane Gas Association is asking the U.S. Department of Energy to consider the amount of energy consumed in the transmission of energy from its source to a home in its energy efficiency standards. The DOE announced June 19...

Perfect Pitch : Marketers vary sales techniques for underground residential tanks.(Brief Article)(Statistical Data Included)
October 1, 2001... Tank ownership is considered by many to be fundamental to doing business in the propane industry, whether the tanks are above or below ground. Tanks are generally the propane marketer's biggest asset. In fact, a recent industry study...

End of the Line? Texas school districts may be forced to scrap propane bus fleet for diesel.(Statistical Data Included)
October 1, 2001... As school buses rumbled to life across the country this fall, many diesel engines spewed fumes into the air, contributing to air-quality problems and raising concerns for children's health. But in several Texas school districts, thousands...

Calendar.
October 1, 2001... November 7 Ohio Propane Gas Association quarterly board/membership meeting at the Radisson Airport in Columbus, Ohio. For details, call Anita Cugavic at 614.221-1900, ext. 215. November 7 Missouri Propane Gas Association meeting...