State of the Industry
December 1, 2007 By LP Gas
What are the critical challenges facing propane retailers, and how are they being addressed?
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What are the critical challenges facing propane retailers, and how are they being addressed?
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Oil at $80 a barrel, double-digit economic growth in China, rising energy consumption worldwide, geopolitics and concerns about global warming were some of the issues energy officials and analysts addressed at the recent Winter Fuels Outlook sponsored by the Department of Energy and the National Association of State Energy Officials.
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Weakened cash flow, price uncertainty slows spring/summer pre-buy activities
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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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Numbers mean a lot when you look to the Energy InformationAdministration for price information on domestic crude oil andimports. The propane industry often looks to EIA’s Heating Oil andPropane Update during the winter months, as well as the This WeekIn Petroleum report for important data related to price and supply.
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For months, the Energy Information Administration has warned of this winter’s rise in home heating costs for consumers. For weeks, Congressional hearings focused on issues related to energy price, supply and infrastructure.
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What have you done to alleviate the terror in the eyes of residents in your hometown who are bracing for a winter that promises higher-than-ever heating bills?
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At last, the U.S. government is seeing the (blue) light, as Washington is finally finding out what everyone in the propane industry has known for years: propane is an integral part of the U.S. economy.
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The Low-Income Home Energy Assistance Program could get $3.4 billion in each of the next three years under the Poverty Reduction & Prevention Act of 2003.
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