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CEMA and NORA working for you — PRO$ website is live
Oil-heated homes are most vulnerable to conversion during the real estate transaction or within the first year of a new homeowner moving in. The recently completed Connecticut Oilheat Consumer Attitude Study confirms this. And with more than 150,000 oil-heated homes in Connecticut expected to be listed and sold in the next five years, there is a lot of work to be done to protect our customers, promote the energy-efficiency aspects of our fuel and defend against conversion.
Credit card breaches and new security requirements
The Wall Street Journal via CEMA
Target reached an agreement with Visa that will reimburse card issuers as much as $67 million for costs incurred by the retailer's massive data breach during the 2013 holiday shopping season, according to people familiar with the situation. The deal, which came after months of negotiations, covers credit cards and debit cards issued by thousands of financial institutions under the Visa brand.
Federated Insurance Employment Practices Network HR Question of the Month
Federated Insurance's HR Question of the Month focuses on employment-related practices liability issues.
August's topic is: Are employers obligated to pay for unapproved overtime?
Bradley Norman joins PMAA
PMAA via CEMA
Bradley Norman joined PMAA last week as its new manager of government relations. Prior to joining PMAA, Norman served as a legislative correspondent for Sen. Saxby Chambliss, R-Georgia, handling trade, tax, small business, budget and banking issues. He graduated from Auburn University with a degree in public administration and is a native of Macon, Georgia. Norman will report to Rob Underwood and Sherri Stone, and he has already become actively engaged in PMAA government affairs activities. You can reach Norman via email at firstname.lastname@example.org or at 703-351-8000, ext. 4.
Home heating oil prices in Connecticut at 6-year low
The average price of a gallon of home heating oil in Connecticut Aug. 17 was $2.42 — the lowest in more than six years.
Since February 2014, the retail price of heating oil has dropped by about $1.75 per gallon, according to data from the state Department of Energy and Environmental Protection.
Be concerned about gas pipeline
Is anyone in Connecticut asking themselves why the Hartford Metropolitan District, which provides drinking water to 400,000 people in the Hartford area, is concerned about the Kinder Morgan/Tennessee Gas Pipeline plan to expand its fracked gas pipeline in Hartford County? The first interstate pipeline construction project bringing additional natural gas into the state, Algonquin Incremental Market, broke ground in June in Willimantic and is continuing construction across the entire state, adding enlarged pipeline and expanding compressor stations.
Why oil prices could sink to $15 a barrel
American drivers could soon be partying like it's 1999.
Oil prices have already taken a dramatic fall that's saved consumers big time at the pump. Crude recently tumbled below $42 a barrel, down from $100 last year.
Long lines, major delays as Connecticut DMV offices reopen
New Haven Register
The head of the state Department of Motor Vehicles is warning of major delays and urged people to stay away from the agency's branch offices as they reopen following a major computer upgrade. That warning proved accurate recently at the Hamden DMV office on State Street, where the line at 8:30 a.m. stretched out the door along one edge of the parking lot and started to curve back toward the lot entrance.
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Hedge funds are losing billions on this bad trade
CNNMoney via Hartford Business Journal
Drivers around the world love cheap gas prices, but some top hedge fund managers don't. They're losing billions.
Carl Icahn and David Einhorn have bet big on energy. It's been a costly mistake so far.
Fewer than 30,000 taxpayers to pay top new state rates
The Associated Press via Hartford Courant
Higher state income taxes have kicked in for Connecticut's wealthiest residents, with a top lawmaker confident the new rates will generate nearly $300 million in expected revenue. But a critic says capital gains that fuel a large portion of the increased tax revenue from just several thousand of Connecticut's wealthiest will decline if Wall Street's six-year bull market — and the taxable capital gains that come with it — winds down.
Agency sues to force Democratic Party to comply with subpoena for Malloy documents
The State Elections Enforcement Commission went to court recently to enforce a May subpoena — which the state Democratic Party has defied — seeking the party's records, including Gov. Dannel P. Malloy's communications with top aides about allegedly illegal spending in his 2014 re-election campaign.
What is #FUELMATTERS?
Petroleum Marketers Association of America
There is a lot of information — and misinformation — on the Internet about fuel. It is hard to find good data about what really matters to the average Joe — the person that works 8-5, fuels up her car on average once per week and pays attention to the budget at the end of the month. This site is for her — and you.
Warmth for today ... the energy to fuel the future
It's where comfort meets technology. Where world-class innovation meets friendly personalized service. Where technological advances are made every day that can help you save energy ... money ... and our environment.
The shortest distance between you and a great career
Entech Advanced Energy Training
Where do the professionals look for the next generation of heating, ventilating, air conditioning and refrigeration 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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