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CEMA
We are pleased to announce that CEMA's regional "chapter" meetings will be held throughout the state in about three weeks, on June 20, 21, 27 and 28. In recent years we've consolidated the meetings of our seven chapters in the state into four meeting venues.
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CEMA
Financing Essentials: What you don't know CAN hurt you, 9 a.m. - noon Thursday, June 29, CEMA offices
This session will first review key financial concepts, including income statements, balance sheets, and cash flow, and heating industry metrics and benchmarks for these.
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CEMA
Four CEMA members will be honored at a special awards ceremony next week on June 13 in Worcester — NEFI's Legends of Oilheat. Congratulations to our honorees Michael Anton, HOP Energy; Robert Barrieau, Barrieau Oil; Michael Devino, Mercury Fuel Service; and Royce Friedman, Standard Oil of Connecticut. The awards dinner will be from 5:30 to 8:30 p.m. June 13 at the Mechanics Hall in Worcester, Massachusetts.
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CEMA
CEMA is pleased to announce the publication of its first magazine, CEMA Aegis. This magazine, which will be printed in the spring and fall, was mailed out to members a couple of weeks ago.
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CEMA
The gas utility tariffs for June 2017 are in and we compare them to average retail heating oil prices. First, the state survey shows the average heating oil retail rate in Connecticut for May 29 as $2.00/gall (down 10 cents from last month), ranging from $2.67/gall in Fairfield County to $2.17/gall. in New London County.
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CEMA
A member recently asked us if they were required to install electronic logging devices in their commercial motor vehicles. For most members, these devices are not required, since they only apply if you currently are subject to carrying in-cab paper logbooks more than eight days in a 30-day period; and most members are exempt from this current requirement if their truck does not travel more than 100 air miles from its base (the "short-haul" exemption).
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CEMA
This free webinar will be at 2 p.m. Tuesday, June 20 and will explain some of the common mistakes employers make that lead to the most frequent claims of discrimination and retaliation — and that make them harder to defend.
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AddUp.org
Get the Federal Energy Regulatory Commission (FERC) to impose an injunction preventing further construction on the Kinder Morgan & Enbridge pipelines in Connecticut.
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The Connecticut Mirror
The House of Representatives took two steps Tuesday — one legal and one symbolic — to move Connecticut slightly closer to the imposition of tolls on its highways. The House narrowly approved a resolution to establish a constitutional "lockbox”" amendment to safeguard revenues earmarked for transportation.
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Hartford Business Journal
In a deal valued at $1.7 billion, Eversource Energy plans to buy Bridgeport-based Aquarion Water co., the region's largest private water utility, from Macquarie Infrastructure Partners. Eversource said it would pay $880 million in cash and assume $795 million of Aquarion's debt. The deal would add more than 300 employees to Eversource's 8,000-person workforce across Connecticut, Massachusetts and New Hampshire.
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Hartford Business Journal
A federal judge has dismissed Total Wine & More's lawsuit over the state's mandatory minimum pricing laws, finding that federal antitrust laws cannot preempt the state law that establishes Connecticut's liquor pricing system. In her decision, U.S. District Court Judge Janet C. Hall, who heard the case in the Connecticut District, said that whether or not the statutory and regulatory scheme implemented by Connecticut is "wise" is not a question for the federal court.
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The Connecticut Mirror
The Mashantucket Pequot and Mohegan tribal nations crossed the finish line recently on the last day of the General Assembly's annual session, victors in a two-year struggle for authorization to jointly develop a casino to compete with an MGM Resorts International casino under construction in Springfield.
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