LP Gas, September 2017
cold hard winter he says Leider likes where his members currently stand with a high percentage of them lining up supply and locking in their margins Some will still play the open market In August the membership was wondering about the crop drying market and watching the build Theyre going to take their cue from the farmers Leider says Were not sure of the degree of crop drying Theyre watching crop drying rather closely they dont want to have to eat those extra gallons Tom Osina executive director of the West Virginia Propane Gas Association says many of his members have installed additional storage since 2013 14 Members have also been discussing the merits of renting extra tanks Theres only so much storage you can do so why not think of creative things Osina says Its like a satellite plant without a major investment Should logistical challenges arise beyond winters normal ebb and flow the association is keeping in touch with state energy officials who could provide added support Many companies in the Rocky Mountain region offer summer fill promotions says Phil Scheel of Tumbleweed Propane in Thermopolis Wyoming and president of the Rocky Mountain Propane Association Customers benefit from both a supply and cost perspective We encourage them to take advantage when the price is low rather than wait until winter and play catch up he says In California price increases from suppliers have arrived earlier than expected says Robert Jacobs vice president of business enterprises at Delta Liquid Energy I think its partially coming from the inventory build in the country Jacobs says We did a good job providing our customers with a good pre buy program this year so theyre assured of price and supply he adds LPG WINTER PREVIEW Regional Propane Inventory Jan 16 May 16 Sep 16 Jan 17 May 17 Sep 17 Gulf Coast Midwest East Coast U S Energy Information Administration Million barrels 72 60 48 36 24 12 0 Sep 15 Propane inventory has been on a steady climb in all regions since May 2017 but is still pacing behind last years levels Propane industry leaders are stressing supply security ahead of the winter heating season not wanting the nations propane retailers to become complacent after back to back mostly mild winters QX MODEL DESIGNED TO DELIVER MORE 3700 gallons on a single axle 15 more payload No FET taxes For residential farm and commercial use Custom designs to match your application Made in the USA CONVENIENCE 800 992 8981 WWW WESTMOR IND COM TERMINAL BULK STORAGE DELIVERY AIRPORT AFTERMARKET STORE www LPGasmagazine com September 2017 LPGas 33
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