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CEMA Golf Outing — May 19 — Today is the last day to register
CEMA
Shuttle Meadow Country Club is one of our state's most venerable golf courses. In March, Golf Week Magazine recognized Shuttle Meadow as one of America's top classic golf courses (ones built before 1960). The outing starts with an early lunch at 10:30 on Monday, May 19, with a shotgun start at 12:30. Cocktails begin approximately at 5 p.m. with dinner following. Lots of prizes and our ever popular raffle with a grand prize sponsored by Federated Insurance.
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CEMA NEWS


CEMA defeats $4,000 tax on oil and propane dealers
CEMA
Last Fall, Ace Oil closed their doors without any warning. The closure resulted in hundreds of customers who paid the dealer a total of $1.5 million for prepay contract oil without delivering the fuel that they were promised.

This event resulted in two major pieces of legislation being introduced. The intent of these bill was to "fix" the Ace Oil problem so that consumers will be protected from future failures.

The first bill that was introduced, would have required home heating oil and propane dealers to obtain a bond to secure 100 percent of the fuel that their customers paid them for in advance of delivery. And the second bill, would have required every registered HOD in the state to pay an annual fee of nearly $4,000 to a guaranty fund. The guaranty fund legislation was designed to reimburse consumers who paid for fuel, but never received it.

CEMA, along with our partners at PGANE, successfully defeated both bills and saved our members thousands of dollars a year while maintaining a level playing field!

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Heating Fuels Regulatory Seminar: June 4, 2014
9 AM - 11:30 AM, CEMA Offices, 10 Alcap Ridge, Cromwell, CT.
In a major legislative victory, CEMA and our members blocked an attempt by the legislature to impose a guaranty fund on the industry where every heating fuels retailer in the state would pay $4,000 into the fund this year, and $500 every year thereafter. But that doesn't mean there won't be new regulations.
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Seminar on the New 500 PPM Low Sulfur Heating Fuel Standard: June 12, 2014
10 a.m. — 12 p.m., CEMA Offices, 10 Alcap Ridge, Cromwell, CT
Last year's energy bill included a change in the heating fuel sulfur standard from high sulfur to low sulfur (500 PPM) effective this July 1. This important seminar will first present the statutory changes by officials from the CT Dept. of Energy and Environmental Protection (DEEP), how they intend to enforce it, and how a transition period will work, as it affect wholesalers, retailers and end-users.
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CEMA DOT/OSHA required training seminars — Spring schedule
CEMA
Our last two Hazmat certification seminars will be held May 21 and 22. For those who missed them, we will run them again in the Fall, along with the full upgrade to Operations from Awareness. CEMA combines into one offering both OSHA and DOT required training that satisfy federal regulations 49 CFR 172.504 and 29 CFR 1910-120. All Hazmat drivers are required to demonstrate proof of Hazmat training, annually for OSHA and every three years for DOT.
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Exclusively Sponsored Broker of CEMA
35+ years of specialized insurance programs for the petroleum industry. Five offices (CT & MA), 40 Property & Casualty carriers, including 12 separate fuel oil dealer markets. GoodWorks Insurance will earn your business. MORE
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Governor signs e-cigarette bill into law
CEMA
Gov. Dannel Malloy recently signed a bill into law that makes it illegal for a person under the age of 18 to buy or possess in public an e-cigarette(s) and for anyone to sell, give, or deliver one to a minor. The law subjects violators to some of the same penalties that the law imposes on those who commit similar violations regarding tobacco cigarettes.
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Keno law repealed
CEMA
Despite the $26 million in revenue that the state anticipated would be generated by the implementation of Keno at Connecticut c-stores, bars and restaurants, overwhelming public opposition to the game led to its demise. Keno first popped up during the 2013 legislative session where the Governor and legislative leaders were looking for new revenue streams to help close anticipated future budget gaps. Over the past 12 months the Office of Policy and Management (OPM) has been negotiating a revenue sharing agreement with the two Indian tribes, as is required under the casino agreement. OPM's efforts and the support of the Connecticut Lottery Corporation ended in a repeal of the law that would have allowed the game to move forward this year.
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Save the Date: CEMA Annual Meeting and the Southern New England Energy Conference — Sept. 22-23
CEMA
CEMA will hold its Annual Meeting in conjunction with the MA and RI associations as part of the Southern New England Energy Conference. We return to Newport, Rhode Island, where we held a very successful and well-attended meeting in 2007. So save the dates, Mon-Tue, Sept. 22-23 and stay tuned for more information.
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INDUSTRY NEWS


How fuel oil saved New England this winter
Forbes via American Energy Coalition
The availability of heating oil and related fuels was the key to protecting New England residents from dangerous electrical blackouts this winter, according to a recent article on Forbes.com. The Forbes article draws heavily on a recent report by ISO New England, the operator of the regional power grid that highlights severe supply challenges for natural gas in the region. "Demand for gas in New England has risen significantly over the past several years, driven by residents and businesses converting to natural gas for heating purposes and the increased use of the fuel to generate electricity," ISO New England reported last month. "However, the existing natural gas pipeline infrastructure was not designed to serve this increasing demand, which has resulted in pipeline constraints at times of heavy demand."
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Letter to the Editor: No need to build natural gas pipelines
The Hartford Courant
The May 4 article "Pipeline Battle Builds" raises real questions about satisfying New England's “peak” power generation needs though pipeline expansion. This winter, natural gas demand stresses caused large-scale energy users, including power generators, to return to their more reliable energy source — heating oil. For decades, the heating oil industry has bridged this fuel gap without costly public investment. The industry’s distribution network is fully operable and is delivering the newest generation of clean, efficient heating oil — which is now commonly blended with renewable biodiesel — to millions of homes and businesses. It was developed without taxpayer money and none is needed to maintain it.
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UIL's 1Q profits grow on gas business, but EPS down
Hartford Business Journal
New Haven utility UIL Holdings Corp. said its first-quarter net income grew 7 percent, but earnings per share fell 4 cents on acquisition-related expenses. Profits for the quarter were $55.5 million, or 97 cents per diluted share, compared to $51.8 million, or $1.01, in the first quarter of 2013.
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To build a pipeline, or not: N.E. governors' push for more gas meets opposition
The Hartford Courant
A ship docks here twice a month, next to a scrap metal yard upstream from Boston Harbor. It pumps millions of gallons of supercooled liquid natural gas into two large white holding tanks. From there, the terminal makes the liquid into a gas, which is pushed into a nearby power plant, and also into metro Boston's distribution lines and New England's interstate pipeline system. The facility has extra capacity, though, to send out far more fuel through the region's constrained natural gas pipeline system.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Yankee Gas brings out the big guns to New Canaan (CEMA)
Abnormal market disruption declared in Connecticut (CEMA)
CEMA Golf Outing returns to Shuttle Meadow May 19 (CEMA)
CEMA DOT/OSHA required training seminars — Spring schedule (CEMA)
Signs point to lower prices for oil, higher prices for natural gas (American Energy Coalition)

Don't be left behind. Click here to see what else you missed.


Finance chair to Yankee Gas: Lay off the weed, the plan won't fly
The Wilton Bulleting
Board of Finance Chairman Warren Serenbetz offered a blunt opinion of a presentation by Yankee Gas at a special Board of Selectmen meeting. "I think you're smoking weed," he said. During the meeting, a representative of the company, vice president of gas operations Paul Zohorsky, said his company could no longer hold to a July start-date due to a change in state regulations which took hold in November.
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Short-term energy outlook
U.S. Energy Information Administration
During the April-through-September summer driving season this year, regular gasoline retail prices are forecast to average $3.61/gallon, 3 cents higher than last year and 4 cents higher than projected in last month's STEO. The projected monthly national average regular gasoline retail price falls from $3.72/gal in May to $3.51/gal in September. EIA expects regular gasoline retail prices to average $3.48/gal in 2014 and $3.39/gal in 2015, compared with $3.51/gal in 2013.
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CL&P to file for $117 million rate increase
Hartford Business Journal
Berlin electric utility Connecticut Light & Power will file for a 5.9 percent increase in its delivery rates on June 9, to make up for $116.7 million in operating deficiencies. CL&P last filed for a rate increase in 2010. The utility then agreed to freeze its distribution rates as part of state regulators approval of the merger of its parent company Northeast Utilities with Boston-based NStar in April 2012. The new rates signal an end to that freeze and would be effective on Dec. 1.
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Customs about-face could make Bahamas key source for US gasoline
Reuters
A massive oil storage facility in the Bahamas may offer nimble gasoline traders a new way to profit by shipping fuel in foreign ships from the oversupplied U.S. Gulf Coast to the gasoline-thirsty East Coast following a recent U.S. Customs ruling. The March 6 judgment in favor of Buckeye Partners LP , which owns the Bahamas Oil Refining Company oil storage hub, allows traders to use lower-cost foreign ships to transport fuels between the Gulf and East Coast via BORCO, circumventing a near-century old law called the Jones Act.
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Looking to share your expertise?
MultiBriefs
In an effort to enhance the overall content of the CEMA Pipeline, we'd like to include peer-written articles in future editions. As a member of CEMA, your knowledge of the industry lends itself to unprecedented expertise. And we're hoping you'll share this expertise with your peers through well-written commentary. Because of the digital format, there's no word or graphical limit. Our group of talented editors can help with final edits. If you're interested in participating, please contact Ronnie Richard to discuss logistics.
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CEMA Pipeline
Colby Horton, Vice President of Publishing, 469.420.2601
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Brie Ragland, Senior Content Editor, 469.420.2639  
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