LP Gas, June 2015
NEWS BRIEFS to complete its acquisition of Totalgaz an LP gas distribution business in France after gaining approval from the French Competition Authority UGI reports this is the final regulatory approval required for the acquisition to close The purchase price is about 454 million to 511 million Report LP gas demand to increase globally Transparency Market Research a global market intelligence company released data and facts on the global propane market in 2013 According to the report the global propane market was valued at 11444 billion in 2013 and is likely to reach 14582 billion by 2022 expanding at a compound annual growth rate of 356 percent between 2014 and 2022 The global propane market is expected to grow over the next six years according to Grand View Research a research and consulting firm that produced another report forecasting propane use into 2020 PalFleet expands services in Northeast PalFleet Truck Equipment Co will expand its service and sales support activities to its customers in the northeast U S PalFleet has operated a location in Trenton N J for five years with a General Motors chassis Continued on page 10 Deviation Deviation From Last 12 From State April Norm Months Norm Alabama 83 68 2771 68 Alaska 794 128 9607 1586 Arizona 66 71 1479 681 Arkansas 148 34 3695 189 California 182 67 1572 1062 Colorado 601 64 6438 970 Connecticut 510 12 6490 421 Delaware 325 46 4854 114 D C 183 89 3958 97 Florida 0 18 565 129 Georgia 99 60 2910 27 Hawaii 0 0 0 0 Idaho 562 9 5854 1054 Illinois 401 73 6708 354 Indiana 380 55 6294 400 Iowa 438 60 7265 206 Kansas 262 68 5027 92 Kentucky 244 67 4888 272 Louisiana 27 33 1869 85 Maine 742 36 8389 377 Maryland 314 50 5080 231 Massachusetts 560 13 6702 295 Michigan 557 25 7350 401 Minnesota 593 56 8494 262 Mississippi 67 52 2631 68 Missouri 262 71 5336 118 Montana 645 38 7193 1117 Nebraska 407 52 6294 230 Nevada 222 65 2696 1107 New Hampshire 662 9 7851 263 New Jersey 416 34 5754 310 PERCENT RETURN NOT MEANINGFUL LOWER THAN AVERAGE HEATING DEGREE DAYS HIGHER THAN AVERAGE HEATING DEGREE DAYS New Mexico 345 35 4146 690 New York 497 31 6315 199 North Carolina 179 33 3588 63 North Dakota 623 79 8915 533 Ohio 407 63 6369 397 Oklahoma 162 38 3788 38 Oregon 510 39 4346 804 Pennsylvania 432 46 6317 408 Rhode Island 520 29 6346 457 South Carolina 109 30 2887 92 South Dakota 511 83 7374 474 Tennessee 203 45 4294 294 Texas 49 24 2085 88 Utah 507 44 5110 1503 Vermont 715 22 8678 568 Virginia 271 48 4616 137 Washington 487 11 4612 901 West Virginia 348 54 5557 261 Wisconsin 569 56 8085 294 Wyoming 674 43 7206 1098 United States 302 43 4443 569 BY LEO MICHAEL APRIL HEATING DEGREE DAYS BY STATE Data courtesy of the Climate Prediction Center National Weather Service www LPGasmagazine com June 2015 LPGas 9
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