LP Gas, July 2018
industry update weather watch things are heating uP despite record setting cold temperatures in april May was warm across the entire U S All states but Washington reported lower than average heating degree days during May Florida Hawaii Louisiana and Texas had no significant data return its it a twister Preliminary reports from the national oceanic and atmospheric administration noaa show the number of tornadoes so far this year is near the 13 year low Though the numbers for April and May have yet to be finalized NOAA has only reported 366 tornadoes so far this year compared to 891 tornadoes reported from January through May of 2017 According to state executive Greg Noll tornadoes are dealt with as needed in the Midwest There is little that can be done to prepare a propane tank for a tornado other than anchoring it to the ground he says according a to the Propane education research Council if after a tornado customers find a propane tank on their property that is not theirs or if their tank becomes dislodged or is missing they should contact their propane retailer or the local fire department Retailers should help customers who have experienced damage to their propane tanks or equipment due to severe storms PRoPaNE MaRkEt MEtRics ProPanes share of new housing ConstruCtion t New Construction Category 2011 2012 2013 2014 2015 2016 2017 Propanes Share All New Housing 56 52 58 60 47 45 45 Lots 1 4 Acre 106 102 110 114 94 99 118 Lots 1 2 Acre 143 142 154 154 134 152 188 Lots 1 Acre 168 158 184 182 165 182 224 Lots 1 2 Acre Non MSA Areas 224 232 302 306 274 342 387 Lots Less than 1 4 Acre 23 17 19 28 12 19 07 Built by Owner Contractor 109 106 125 131 111 137 178 stock watch Company 12 month chart as of June 18 gone in a flash flood heavy rains and thunderstorms caused flash flooding g in and around Pittsburgh According to Accuweather com nearly 4 in of rain fell in Monroeville Pennsylvania and a state of emergency was declared in the towns of Bethel Park and Upper St Clair After severe flooding propane retailers should make sure to remind their customers that any regulator that has been submerged in floodwaters must be replaced ProPanes share of new housing ConstruCtion by household Category 50 40 30 20 10 0 2011 2012 2013 2014 2015 2016 2017 Propanes Share on Lots Less than 1 4 Acre Propanes Share on Lots 1 2 Acre Propanes Share on Lots 1 2 Acre Non MSA Areas Owner or Contractor Built Propanes Share of All Housing Propanes Share for Houses Built by Owner or Contractor Market Share AmeriGas APU 4157 92 3941 4837 101 Ferrellgas FGP 352 114 287 575 178 Suburban Propane SPH 2352 102 2185 2705 29 Source Company data FactSet and Wells Fargo Securities LLC Data courtesy of AccuWeather The Climate Prediction Center The National Oceanic and Atmospheric Administration Weather com Price 6 19 18 Current Yield 52 Week Low 52 Week High YTD Price Performance LPGasmagazine com July 2018 LPGas 9
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