The devil is in the details
August 1, 2006 By John McCoy
I was fortunate to serve as legal counsel for the Propane Incident Data Collection Project that is featured in this issue of LP Gas Magazine.
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I was fortunate to serve as legal counsel for the Propane Incident Data Collection Project that is featured in this issue of LP Gas Magazine.
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It’s the dog days of August in Washington, and Congress has closed up shop and gone home for their annual August recess. Congress plans to return on Sept. 5 and has a lot of unfinished business that may be of interest to the propane industry and those working in it.
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Like the annual meeting in Chicago and the Northeast Convention before it, Pinnacle – the propane industry’s premier educational conference – is now just a footnote in the industry archives.
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Awareness is the first key to successful safety management. Without awareness, we may be whistling in the dark, assuming we understand exposures and degrees of risk that may impact our employees, our customers, our suppliers, our vendors, our community and our bottom line.
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A current retail propane industry debate is how to improve the efficiencies of retail operations. The prevailing logic is that to be a more successful company, it must be efficient, often through adapting technology.
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There are some things in life that are as inevitable as the rising and setting sun. Death and taxes are the leading candidates and not far behind these twin powers is rust, which never sleeps.
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Changing market dynamics often lead to additional debt financing requirements for companies active in the LPG business. Management needs to access the required capital, at a competitive interest rate and with the best available terms and conditions while maintaining a capital structure flexible enough to respond to yet additional changes in the Company’s competitive landscape.
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Political pandering in Washington is rising almost as fast as the price of a gallon of gasoline. Congress is scrambling to respond to consumers’ — and angry constituents’ — concerns about price, which at the same time is fueling the flames of public fears.
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A historical perspective on anything of importance is a good thing. It gives one a sense of where they are and where they’ve been, plus it helps prepare for the future.
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The deployment of Ferrellgas’ bold new business model has a lot of folks talking, but there is no consensus as to whether the nation’s second-largest propane retailer has launched a new and important period in the history of the industry.
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