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October 23, 2012
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News for and about the propane industry

  Top Story 
  • PERC's 2013 budget focuses on R&D
    Part of the Propane Education & Research Council's $36 million budget for 2013 will go to research and development of new market potentials for propane, particularly in the engine-fuel segment, and $5.9 million for training. PERC has allotted $5.2 million for the engine-fuel market from the $20.3 million budgeted for operating programs. "I'm energized by where we are as an organization. We will continue to commercialize product, and we're looking to fill our pipeline with new projects and ideas," said PERC Chairman Joe Armentano. LPGasMagazine.com (10/19) LinkedInFacebookTwitterEmail this Story
  Market Intelligence 
  • Propane offers market opportunity for mower dealers
    Propane provides a new window of opportunity for lawnmower dealers as more landscaping firms and homeowners buy new propane-fueled mowers or convert their gasoline mowers to propane. "At the height of sales, there were 225,000 new commercial mowers sold in a year. Last year, 160,000 new commercial mowers were sold. And, there are about a million commercial mowers running, so there is the opportunity for converting existing mowers, too," said Jim Coker, director of Go Green Metro Lawn. Jeremy Hahne, general manager of Onyx Environmental Solutions, also encourages dealers to partner with propane companies. Rural Lifestyle Dealer magazine (10/2012) LinkedInFacebookTwitterEmail this Story
  • BofA: U.S. propane market to stabilize next year
    The U.S. propane market is expected to stabilize next year, as export opportunities grow and home-heating demands increase, according to Bank of America Merrill Lynch. Stronger winter demand this year will keep U.S. propane supplies balanced and avoid a surplus, the bank says. It also predicts that the country's propane export capacity will expand by 117,000 barrels per day by year's end and will grow by 60,000 barrels per day next year to 325,000 barrels per day. Platts (10/22) LinkedInFacebookTwitterEmail this Story
  Research & Development 
  • Reports offer larger estimate of Marcellus Shale reserves
    The Marcellus Shale contains larger reserves than previously estimated, according to reports from Standard & Poor's and ITG Investment Research. S&P said the formation could hold nearly 50% of proven U.S. natural gas reserves, while ITG said it could contain approximately 330 trillion cubic feet of gas. "The amount of resource that's available at relatively low cost is fairly enormous," said Manuj Nikhanj, ITG's head of Energy Research. FuelFix.com/The Associated Press (10/20) LinkedInFacebookTwitterEmail this Story
  Safety & Training 
  • How chemical manufacturers can continuously improve safety
    Chemical manufacturers seeking to improve safety culture must go beyond technology-driven improvements, writes Ramabhadran Srinivasan, a process-safety and risk-management leader at DuPont Sustainable Solutions. "To understand risk potential and the importance of constant vigilance, chemical manufacturers must develop a learning culture. This requires reporting of incidents, investigating their potential consequences, and then sharing the learnings from the investigation with all relevant personnel. ... Dividends include greater productivity, an improved risk profile, and higher employee morale," he writes. ChemicalProcessing.com (10/18) LinkedInFacebookTwitterEmail this Story
  Leadership & Management 
  • CEOs can't be all-powerful, and shouldn't try
    The world is chaotic, but we have a tendency to admire most those leaders who claim to have complete control of every situation, writes Harvard's Eric McNulty. We'd do better to take a more realistic approach, and to seek out leaders with the honesty and courage to admit that some things are beyond their control, McNulty argues. "The first thing is to back away from omnipotence. Admit that there are limits to your power and control," McNulty advises. Harvard Business Review online/HBR Blog Network (10/19) LinkedInFacebookTwitterEmail this Story
  • Don't say "no" when opportunities knock
    High achievers should make a point of networking and answering recruiters' calls even when they're happy with their job, writes Michael A. Morell. "[I]t behooves both happy and restless working professionals to stay in the game and remain open to career-change opportunities," he writes. SmartBrief/SmartBlog on Leadership (10/19) LinkedInFacebookTwitterEmail this Story
  PERC News 
  • PERC Updates Online Heating Energy Cost Calculator
    The Propane Education & Research Council has updated its Heating Energy Cost and Carbon Calculator online tool for construction professionals. The Cost Calculator quickly compares the one-year cost of operating a propane-fueled furnace or water heating system and measures it against a comparable system that uses heating oil or electricity. Check out the Heating Energy Cost and Carbon Calculator. LinkedInFacebookTwitterEmail this Story
  • PERC Names New Market Research Analyst
    The Propane Education & Research Council named Rachel Greenberg its market research analyst, responsible for conducting market and product research, analysis of national trends and analysis of competition. Rachel will be an important contributor as PERC makes business decisions on the development and commercialization of new propane-powered products. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
Too often man handles life as he does the bad weather. He whiles away the time as he waits for it to stop."
--Alfred Polgar,
Austrian journalist


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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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