Tag: propane

Record LPG exports will drive ship market growth, Latsco says

Increased U.S. exports of liquefied petroleum gas amid higher shale oil production will boost demand for ships that carry gases such as propane, butanes and ethane, according to the director of Latsco Shipping Ltd., said  More »

Texas businessman sees promise in propane

The founder of Texas-based propane company CleanFUEL USA, which made news this year when it entered a major deal to supply UPS with 1,000 trucks and more than 50 fuel stations, explains why he sees promise in the alternative transportation fuel.  More »

Energy Extremities This Winter

Even though flipping a coin has better forecasting skills than the dastardly groundhog, Punxsutawney Phil has unfortunately been on the money for this winter.  Despite April on deck next week there is still snow on the ground (in more places than there should be), while our dearly beloved energy commodities have seen rampant demand, receding inventories, […]  More »

US to become top exporter of liquefied petroleum gas, experts say

The U.S. is poised to become the top exporter of liquified petroleum gas — more commonly known as propane or butane — within just a few years, officials with research analyst IHS said Monday.  More »

UPS delivers a boost to propane as vehicle fuel

Most people — especially Texans — know propane as the fuel source that allows them to fire up a backyard barbecue in seconds. Now it’s also heating up as an alternative motor fuel, as companies with vehicle fleets embrace its lower costs and smaller environmental footprint relative to gasoline or diesel.  More »

Federal law blocking cheap Texas fuel from reaching frozen East Coast

As freezing weather drained stockpiles of propane to their lowest seasonal level in two decades on the U.S. East Coast this month, shivering New Englanders couldn’t tap abundant supplies sailing out of Texas. The reason? The Jones Act.  More »

Phillips 66 shifts focus with $3 billion in new projects

Phillips 66 is no longer betting its future on the massive refining business that made it the second-largest energy company in the world. Instead, it’s using refining, once its most profitable arm, as a cash cow to transform itself into a business that primarily operates energy transportation, storage and processing infrastructure.  More »

Propane industry makes new push for wider use of fuel (video)

Propane is for more than just your backyard grill, and the companies who sell the fuel are trying to get more Americans to use it.  More »

Plains All-American to expand Eagle Ford presence

Plains All American Pipeline has announced $120 million in capital projects for the Eagle Ford Shale region, including a new natural gas liquids fractionator.  More »

Dow Chemical earnings miss estimates after epoxy drop

CEO Andrew Liveris is expanding production of commodity chemicals and plastics with new factories in Saudi Arabia and the U.S. as he considers selling slower-growing units such as chlorine derivatives and epoxy.  More »

Shale overload pushing exports to Asia to new highs

U.S. exports of natural gas liquids, already at a record amid surging output from shale deposits, are poised to quadruple by 2020 as the expansion of the Panama Canal cuts shipping costs to Asia.  More »

Gov’t: Most heating bills to rise this winter

Prices for natural gas, electricity and propane should be higher, the primary reason that more than 90 percent of homes will incur higher heating expenses.  More »
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