Monthly Archives: March 2014

TruStar Opens New Public CNG Fueling Station in Houston

TruStar Energy, a developer of compressed natural gas (CNG) fueling infrastructure, said that it has opened a new public CNG fueling station in Houston, Texas, constructed for Freedom CNG. The station, located at 7155 High Life Drive in northwest Harris … Continue reading

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Ferrellgas Acquires Independent Propane Firm Country Boys Gas

Large nationwide propane distributor Ferrellgas Partners LP said today that it has acquired independent propane firm Country Boys Gas, based in Commerce, Ga.  Steve Wambold, chief executive officer of Ferrellgas, called the firm an excellent complement to existing operations in … Continue reading

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Barclay’s Sees Potential $10/bbl. Price Decline

Barclay’s sees a potential $10/bbl. decline in the price of oil in the short- term, a decline that would be induced by managed money from hedge funds liquidating their long positions as supply/demand fundamentals shift. Managed money has been long … Continue reading

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Projects Will Boost Ethane Use, but Prices Remain Stagnant

Ethane demand is set to rise in the coming months as U.S. ethylene production capacity increases by about 2 billion pounds annually. But ethane prices still reflect little concern about the additional demand. All told, the increases in ethylene production … Continue reading

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Come By Chance Refinery Continues to Struggle with Weak Margin

Harvest Operations Corp. said late on Friday that its North Atlantic’s 115,000- b/d Come By Chance refinery on the east coast of Canada has lifted its refining margin in the fourth quarter from the preceding quarter, but the year-end margins … Continue reading

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Closed Diesel Arb Window Keeps Gulf Coast Exports to Minimum Again

The trend of unfavorable diesel arbitrage economics for delivery from the U.S. Gulf Coast to Europe has been extended to the third consecutive week, with a minimum clean product tanker booking seen again last week, according to a weekly tanker … Continue reading

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Petrogas Energy Buys Ferndale LPG Terminal from Chevron

Petrogas Energy Corp. said late on Monday that it has entered into a binding agreement with Chevron USA Inc. for the purchase of Chevron’s Ferndale, Washington storage and distribution facility for bulk shipments of propane, butane and iso-butane. The transaction … Continue reading

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EU ag futures closes Tue, Mar 4 P.Wht +1.50, Mz unch, R.Sd +2.00, LndFdWht +0.50 3/4/14

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CBOT deliveries 3/4/14

Deliveries from Chgo (no KC wht, also no Mpls wht) Contract                         Quantity   Next Trade Commodity    Month      Delivery Day    Assigned Today   Date Available SOYBEAN MEAL March      Mar.  5, 2014                1   Jan 10, 2014 SOYBEAN OIL  March      Mar.  5, 2014              711   Feb … Continue reading

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US Noaa rain maps 3/4/14

US Noaa rain maps

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