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Welcome to CEMA’s new electronic newsletter, 'CEMA PIPELINE'. This is a news information service provided to CEMA members and friends, giving you timely, relevant information on the petroleum and energy industry in general, as well as specific stories of interest to CEMA members. This will be supplemented from time to time by emails from us on other late-breaking news items, especially those related to legislative and regulatory issues. We welcome your feedback or newsworthy articles you’d like to submit. Please send to Chris Herb, President CEMA, chris@ctema.com.


Help fight natural gas expansion
CEMA
There are a number of reasons why Oilheat has lost market share over the years and continues to today. For sure, the current differential between the price of fuel oil and natural gas is a reason for recent losses; but even when Oilheat held a price advantage over natural gas, Oilheat lost share. The founding fathers of the American Energy Coalition (AEC) recognized that a key advantage enjoyed by the gas industry and the utilities was gas's well-coordinated marketing programs with a consistent message that ran regularly, especially in the larger metropolitan markets.
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CEMA NEWS


Meet CEMA's new Chairman of the Board
CEMA
On Sept. 19, at our Annual Meeting CEMA will elect a new Chairman of the Board of Directors. Peter Aziz of Bantam Home & Energy in Bantam, will take the reins from Sharon Peterson of Apple Oil in West Haven. Founded in 1930, Bantam Home & Energy originally supplied coal, kerosene, grain, hardware and other goods to Litchfield homes and businesses. Today, they deliver BioHeat Heating Oil and Propane, along with HVAC, plumbing, and energy efficiency services to homes throughout Litchfield County.
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CEMA's Annual Meeting - September 19-20
CEMA
CEMA 63rd Annual Meeting and Southern New England Energy Conference September 19-20, 2013 at Mohegan Sun Casino, Uncasville, CT. This year, CEMA’s 63rd Annual Meeting will be a part of the Southern New England Energy Conference, the first collaboration between the state associations in Connecticut, Rhode Island and Massachusetts. With a reputation for strong education, our conference will offer 30 different breakout sessions, including tracks on heating fuels, propane, motor fuels, service management, and biofuels.
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Accepting nomination – Marketer & Associate of the Year
CEMA
Since 1963, CEMA has recognized a "Marketer of the Year" and an "Associate Member of the Year" who has distinguished themselves for their outstanding industry leadership. CEMA is now accepting nominations for both of these awards that will be given out at the Annual Meeting on September 19th. During these challenging times, several members have stepped up to defend the industry against a state government who decidedly prefers natural gas over home heating oil. Please let us know who should be recognized for their selfless efforts to defend and promote our industry be emailing Chris Herb at chris@ctema.com.
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INDUSTRY NEWS


Crude oil prices reach 18-month high
The Washington Post
Crude oil prices jumped nearly 3 percent to an 18-month high, capping an increase of about 20 percent over the past two months as a result of scattered supply disruptions and rising anxiety about war and political instability in the Middle East.
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Why oil prices may remain strong, war or no war
CNBC
Uncertainty over rising tensions in Syria has driven oil prices to fresh highs in recent weeks, but analysts say the bullish sentiment is expected to stay regardless of whether or not the scenario escalates into a full blown war. "Even if there is a war in Syria or no war in Syria I think oil will remain strong," said Sean Hyman, editor of Moneynews at the monthly newsletter Ultimate Wealth Report. "WTI could go from $108 to $117 [a barrel] and Brent could go from $115 to $125 [a barrel] very easily."
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Farmers' Almanac predicts very cold winter
The Associated Press via The Times and Democrat
The Farmers' Almanac is using words like "piercing cold," "bitterly cold" and "biting cold" to describe the upcoming winter. And if its predictions are right, the first outdoor Super Bowl in years will be a messy "Storm Bowl." The 197-year-old publication that hits newsstands Monday predicts a winter storm will hit the Northeast around the time the Super Bowl is played at MetLife Stadium in the Meadowlands in New Jersey. It also predicts a colder-than-normal winter for two-thirds of the country and heavy snowfall in the Midwest, Great Lakes and New England.
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Electronic cigarette sales surpass the $1 billion mark
Convenience Store New
Combined sales of electronic cigarettes — both from online and at brick-and-mortar stores — have exceeded $1 billion and could reach $1.7 billion to close out the year. "Conservative data indicates that traditional electronic cigarette retail sales on an annualized basis are $700 million," said Bonnie Herzog, managing director of tobacco, beverage and consumer research at Wells Fargo Securities LLC.
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US small business borrowing rises to 6-year high
Reuters
Small U.S. businesses took on more debt in July, pushing an index of borrowing to a six-year high and adding to evidence that the economic recovery is on firmer ground. The Thomson Reuters/PayNet Small Business Lending Index, which measures the volume of financing to small companies, rose 11 percent in July to 117.7, the highest level since August 2007.
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TransCanada Keystone wins right to cross Texas family farm
Bloomberg News
TransCanada Corp. won a state appeals court ruling allowing it to lay the Keystone XL pipeline across a family farm in northeastern Texas, eliminating one of the last obstacles to completion of the southern leg of the Canadian tar-sands line. Julia Trigg Crawford claimed TransCanada lacked the right to use state eminent domain laws to cross her 600-acre family farm near the Oklahoma border without her permission.
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CEMA Pipeline
Colby Horton, Vice President of Publishing, 469.420.2601
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Brent Mangum, Content Editor, 469.420.2602  
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