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New diesel excise tax rate in CT effective next week
Effective July 1, the motor vehicle tax (i.e. excise tax) on diesel fuel will decrease to 50.3 cents per gallon. Previously it was 54.5 cpg. The excise tax is adjusted annually by the Connecticut Department of Revenue Services. A lower tax rate reflects a lower cost of fuel over the past year. Note: The Connecticut Department of Revenue Services has informed us that there will be no credit on unsold diesel you have in inventory July 1 where you had paid the higher tax.
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CEMA launches realtor outreach program
More than 150,000 oil-heated homes will be listed and sold in Connecticut in the next five years alone. And oil-heated homes are most vulnerable to conversion when they are on the market. It is with that in mind that CEMA is excited to announce the relaunch of its NORA-funded realtor outreach efforts in 2015.
Southern New England Energy Conference Sept. 21-22 — Room reservations at Newport Marriott
The Southern New England Energy Conference, sponsored by the Connecticut Energy Marketers Association, the Massachusetts Energy Marketers Association and the Oilheat Institute of Rhode Island will be held Sept. 21-22 at the Marriott Hotel in Newport, Rhode Island. The Marriott has just undergone a $35 million renovation, and according to a member who stayed their recently, it's "fantastic." The hotel is now taking reservations. The conference room rate is $189 (plus tax), and reservations can be made online by visiting this customized website. Book your group rate for the CEMA 65th Annual Meeting & Southern NE Energy Conference.
New EPA rules on USTs affects all gas stations
Petroleum Marketers Association of America via CEMA
PMAA has learned that the Environmental Protection Agency is set to announce this afternoon final underground storage tank system testing and inspection regulations that adopt many of the changes PMAA has been pushing hard for over the past two years. The EPA called PMAA to announce the pending release of the final rule and to discuss a few of its provisions.
New EPA rule also impacts trucks
The same proposed Environmental Protection Agency rule issued on underground storage tanks mentioned in the previous article also would significantly increase fuel efficiency in heavy duty trucks while at the same time limiting greenhouse gas tailpipe emissions. The proposed rule is important to petroleum marketers not only because it would reduce diesel fuel consumption in heavy duty trucks by 33 percent but also add $10,000 to $12,000 onto the cost of new cargo tank trucks.
CETP propane classes to begin in July
Propane energy is growing more and more popular as homes and businesses look for efficient ways to power furnaces, water heaters, outdoor grills and appliances. Growing right along with it are the jobs that maintain those systems. CETP propane training from Entech will put you right where you want to be — at the cutting edge of a growing industry. And because the Certified Employee Training Program was developed by the Propane Education & Research Council, CETP students have the backing of the propane industry as they pursue their technical training.
Property and casualty news from Federated Insurance
Imagine you get that middle-of-the-night call every business owner dreads: There's smoke coming from the roof at your main location. When you arrive, the entire building is in flames. The fire gets put out shortly after dawn, but it's evident the fire and water damage is extensive. That shiny new equipment is now scrap, the shelves, light fixtures, inventory, carpet, family photos — anything and everything — ruined.
HR news from Federated Insurance
Question: We have a company policy that if you are caught drinking on the job, you can be suspended and/or terminated. We found an employee drinking while he was on the clock. He denied and lied about the situation, but later admitted this happened. After admitting this happened, he told a manager he needs help and wants to go to a drug rehabitation program and wanted to know if our company would help to pay for this. Can we still fire this employee for breaking company policy even though after the fact he states he needs personal help and might need to take a leave of absence?
Insuring a leased car
This article is part of a series on car insurance run in conjunction with CEMA's endorsement of GoodWorks Insurance for personal lines of home and auto insurance through Nationwide Insurance. Did you know that on average Nationwide Insurance customers have saved $500 on average on car insurance compared to competitors? Introducing your employees to Nationwide can be like giving them almost a $500 raise if that's how much they save.
Can an old marketer learn new tricks?
By Betsi Bixby via CEMA
When is the last time you learned something new specifically for your business that made you say "wow?" If you are over 50, and can recall a recent time, congratulations! You are in the amazing opportunity portion of the industry. If it's been awhile, you may be overdue and in the death spiral without even knowing it.
Fiscal year about to end with red ink still on the books
The Connecticut Mirror
Gov. Dannel P. Malloy's hopes of avoiding a post-election deficit continue to dwindle with $116 million in red ink.
And the administration even used the dreaded fiscal "D-word" while acknowledging the prospect of a shortfall in its most recent budget update to Comptroller Kevin P. Lembo.
Connecticut lottery launches scanner app
Hartford Business Journal
The Connecticut Lottery Corp. said it has launched its first mobile app, which allows bettors to scan tickets to check for winners.
The free app was built by longtime vendor Scientific Games International.
US ousts Russia as top world oil, gas producer in BP data
The U.S. has taken Russia's crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts in the world energy landscape emanating from America's shale fields.
U.S. oil production rose to a record last year, gaining 1.6 million barrels a day, according to BP Plc's Statistical Review of World Energy.
Evolving for survival and success
Oil & Energy Online
New York City has been a bright spot for the heating oil industry during an era marked by one daunting challenge after another. While policymakers in several key states have turned their backs on fuel providers and targeted heating oil for elimination, New York City has taken a more prudent course.
Missed an issue of CEMA Pipeline? Click here to visit the CEMA Pipeline archive page.
Natural gas industry might slow production
American Energy Coalition
U.S. energy companies are taking their foot off the natural-gas pedal, slowing down their production growth after years of furious pumping, according to a recent blog post by The Wall Street Journal.
The collapse in energy prices has producers and analysts reconsidering natural gas production strategies.
UIL gets federal approval for Iberdrola takeover
Hartford Business Journal
The Federal Energy Regulatory Commission has approved the $3 billion takeover of New Haven utility parent UIL Holdings by Spanish energy giant Iberdrola, according to a regulatory filing made by UIL.
Once the takeover is complete, the new publicly traded company called Iberdrola USA will be led by current UIL CEO James Torgerson.
State investigating Energy Transfer Partners pipeline explosion
The Dallas Morning News
State officials are still looking into what caused the explosion of a southern Texas gas pipeline owned by Energy Transfer Partners. An inspector with the Texas Railroad Commission arrived at the scene near Cuero, Texas, to investigate, an agency spokeswoman said. Details on what might have caused the explosion were not released.
The shortest distance between you and a great career
Where do the professionals look for the next generation of HVACR technicians? Right here at Entech. Our state-of-the-art facility offers training with the very latest technologies and equipment. Because Entech is affiliated with the CMEA, we have direct relationships with the companies you'll want to work for.
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