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January 3, 2013
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News for and about the propane industry

  Top Story 
  • Alt-fuel industry benefits from "fiscal cliff" deal
    The U.S. alternative fuel industry will benefit from the "fiscal cliff" deal Congress passed this week. The move has extended through 2013 two measures that provide tax credits for propane autogas, compressed natural gas and liquefied natural gas vehicles and infrastructure. The two measures expired at the end of 2011, but the legislation applies retroactively so it will cover alternative fuel infrastructure and vehicles purchased and installed last year. "The extension of the alternative fuel tax credit and the refueling infrastructure tax credit will help get more propane autogas vehicles on the road and encourage fleet managers to strongly consider alternative fuel options before making a decision," said Rick Roldan, president and CEO of the National Propane Gas Association. NGT News (1/2), LPGasMagazine.com (1/2) LinkedInFacebookTwitterEmail this Story
  Market Intelligence 
  • Analysts predict bullish year for propane
    The U.S. propane industry has seen bearish stocks and falling prices in the past couple of years, but market analysts think the commodity will bounce back to the scene this year with rising prices and market demand. Despite the foreseen increase in domestic propane production, market sources predict that demand for propane, both here and abroad, will exceed supplies, which will boost the commodity's market price. Dividend.com (12/31) LinkedInFacebookTwitterEmail this Story
  Research & Development 
  • Eagle Ford Shale to drive Texas petrochemical industry, report says
    The Texas petrochemical sector will be able to increase ethylene and finished-plastics exports by 33% by 2017 as a result of natural gas production from the Eagle Ford Shale, according to a report released by the Federal Reserve Bank of Dallas. "The value and tonnage of Texas' petrochemical exports have grown over the last decade on strong global activity. More recently, shipments have soared on cost advantages and foreign markets' relative attractiveness," economist Jesse Thompson said. Platts (12/31) LinkedInFacebookTwitterEmail this Story
  • Natural gas continues to be a crucial energy source, report finds
    Natural gas continues to be one of the important sources of energy in the world, according to a report from the Worldwatch Institute. Gas consumption worldwide rose 2.2% to 2.91 billion tons of oil equivalent in 2011, the study found. The European Union was the only region that failed to show an increase in gas usage, the report added. FuelFix.com (12/31) LinkedInFacebookTwitterEmail this Story
  Safety & Training 
  • Experts remind grillers to let gas dissipate before relighting
    Relighting propane grills before the gas has had time to dissipate presents a risk of fire, experts warn. Last month, ESPN anchor Hannah Storm suffered burns to her face, neck, chest and hand when she relit her grill when gas had built up. Stuart Flatow with the Propane Education & Research Council recommends waiting at least five minutes before relighting a propane grill to allow the gas to dissipate. ABC News (1/2) LinkedInFacebookTwitterEmail this Story
 
  • Mo. officials urge residents to prepare for winter storms
    Missouri residents should begin packing up their emergency survival kits to prepare for extreme winter storms, officials said. "Area residents should have emergency kits packed and ready to go, both at home and in their vehicles," said David Compton, Office of Emergency Management director in Barry County, Mo. "Alternate heating sources such as generators and kerosene heaters should be used with care. Generators should not be used inside the home or garage, due to the hazardous buildup of carbon monoxide, a deadly gas that is both odorless and tasteless," Compton added. The Monett Times (Mo.) (1/2) LinkedInFacebookTwitterEmail this Story
  PERC News 
  • Propane Generator Webinar is Online
    December's Third Thursday webinar covering propane-fueled generators is now archived and available for viewing. The presentation is by Scott McCaskey and Ryan Schmitt of manufacturer Generac Power Systems. The 40-minute webinar is sponsored by the Propane Education & Research Council. View the webinar and a presentation deck from Generac. LinkedInFacebookTwitterEmail this Story
  • Propane Autogas Safety Program Now Available
    A new two-part safety program on propane autogas is available. The free program from the Propane Education & Research Council includes a 12-page booklet and a PowerPoint presentation that can be shown to emergency responders, fleet managers, school leaders and community groups. Download the PDF booklet "Propane Autogas: A Safe, Economical, and Environmentally Friendly Option for Fleet Vehicles." Download the "Propane Autogas: Resources" PowerPoint presentation. LinkedInFacebookTwitterEmail this Story
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  Leadership & Management 
  • Retailers say "return fraud" costs them billions
    Retailers are getting ready for a rush of post-holiday product returns, with nearly one in 20 expected to be fraudulent. Such returns, in which customers return used or stolen items or produce counterfeit receipts, cost retailers about $8.9 billion a year, with almost 30% of fraud occurring during the holidays, according to a survey of retailers. Bloomberg Businessweek (12/30) LinkedInFacebookTwitterEmail this Story
  • Get started on becoming a better leader in 2013
    There are plenty of ways to improve your leadership in the coming year, writes Daniel McCarthy. A few ideas: Improve your presentation skills, seek out better feedback, pledge to hold yourself more accountable, or simply reach out to and thank your mentors. "Don't overdo it -- just pick one and commit to it," McCarthy advises. SmartBrief/SmartBlog on Leadership (1/1) LinkedInFacebookTwitterEmail this Story
  SmartQuote 
Well done is better than well said."
--Benjamin Franklin,
American inventor and statesman


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The news summaries in PERC SmartBrief are based on original information from news organizations and are produced by SmartBrief Inc., an independent email newsletter publisher. The Propane Education & Research Council is not responsible for the content of sites it does not own. Linking to a website does not constitute an endorsement by PERC of the site or the information found there. Send questions and comments to SmartBrief at perc@smartbrief.com.
 
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About PERC
The Propane Education & Research Council promotes the safe, efficient use of odorized propane gas as a preferred energy resource. The Council was authorized by Congress with the passage of the Propane Education and Research Act (PERA), October 11, 1996.

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