Fuel Oil News June Digital Edition is now available

Serving the Deliverable Fuels Industry

Welcome to the June digital edition of Fuel Oil News magazine!

See our report on NetZero Biofuels, a startup in New York State, on the banks of the Hudson River. The new venture is aiming, ultimately, to produce 10 million gallons annually, and could grow beyond that, the entrepreneurs behind it say.

Clean Fuels Alliance America applauded President Biden’s announcements of new Higher Blends Infrastructure Incentive Program (HBIIP) grants and a pathway to use canola oil to produce renewable diesel and jet fuel. Clean Fuels also expressed gratitude to USDA for making HBIIP grants available to support biodiesel use by railways, which will help reduce shipping costs for essential consumer goods. The actions will increase consumer access to better, cleaner fuels like biodiesel that reduce transportation cost, the Alliance said.

And we report on more acquisitions:
Energy Distribution Partners, Chicago, Ill., acquired the multi-state, full-service energy businesses Liberty LP Gas and Liberty Community Gas, (together doing business as Liberty Propane), and the full-service heating oil business Meadows Petroleum Products, (Meadows Petroleum). The operation hubs of the acquired businesses are in Ottsville, Pa., Downingtown, Pa., and Georgetown, Del. Also, Dead River Company, South Portland, Maine, acquired Whiting Oil Corporation, which does business as Whiting Energy Fuels.

We make note of the retirement of industry veteran Deanna Sherman, president and CEO of Dead River, “thirty-six years after first walking through the doors,” as the company said in announcing that she would be succeeded by Casey Cramton, who is moving up from his position as chief operating officer.

A Clean Heat Standard proposed in Vermont will not become law, reports Matt Cota, executive director of the Vermont Fuel Dealers Association. Gov. Phil Scott’s veto was sustained by a single vote.

The success of the 2021 Granite State Saves with Oil rebate program was highlighted at a gathering of the Energy Marketers Association of New Hampshire. In 2021, homeowners claimed 473 rebates, saving upwards of $125,000 and contributing to a lifetime portfolio of nearly 2,800 units replaced.

This issue is packed with still more information, including our Roundup of Communications & Technology, and our Guide to Tank Monitoring systems.

Please bookmark this issue, download it and share it. It is a tool to help you succeed in the industry. And drop me a note if you have news or information to share for our next issue.

Be safe, be well!

Stephen Bennett, Editor
Fuel Oil News
sbennett@fueloilnews.com

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