In the ever-evolving propane industry, hedging plays a pivotal role in managing risk and ensuring stability in the face of price fluctuations. Understanding the distinct nature of hedging in the propane market is vital for industry participants. Differentiating Propane Hedging While hedging in the agricultural and energy sectors often revolves around futures trading, the propane… Continue reading The Nuances of Propane Hedging: Insights into the Propane Industry

Have you ever pondered the criteria that insurance companies employ to assess business risk? What sets apart an insurable company from one that isn’t? Read on for the key factors that insurance providers consider when evaluating risks, shedding light on the often-overlooked aspects of insurability. Robust Standard Operating Procedures While standard operating procedures may seem… Continue reading Evaluating Insurance Risks for Businesses: A Comprehensive Approach

In the ever-evolving landscape of marketing strategies, propane retailers continue to rely on customer newsletters as a powerful and direct means of communication. With a plethora of content ideas and distribution options available, these newsletters prove to be the most effective tool for reaching customers without any overlap or distribution shortfalls. Customized Content Delivery Unlike… Continue reading Maximizing the Potential of Newsletters for Propane Operations

Agriculture producers in the Midwest are anticipating a normal growing season and grain drying year in 2023 based on corn planting dates. This dry spring presents an excellent opportunity for marketers to educate farmers about the numerous benefits of choosing propane irrigation engines when upgrading or replacing outdated equipment. Compared to diesel-powered engines, propane units… Continue reading Propane-Powered Irrigation Engines: Advantages for Agriculture Producers

The transportation sector is undergoing rapid changes, presenting both challenges and opportunities for innovation and collaboration with customers. Grammer Logistics, a specialized and hazardous materials transportation company with over 50 years of experience, has witnessed the evolution of the industry firsthand. From hauling agricultural ammonia and propane in Indiana and Ohio to embracing safety technology,… Continue reading Navigating Challenges and Opportunities in Transportation Sector Collaboration

Unlocking the true value of data extracted from your company’s management software is essential for driving success. When financial numbers are properly organized and interpreted, they provide a clear and accurate picture of your organization’s status, strengths, and weaknesses. Unfortunately, many propane and heating oil leaders focus solely on the bottom line, overlooking the valuable… Continue reading Empowering Propane Leaders to Improve Their Businesses and Maximize Customer Insights

Sexual harassment remains a pervasive issue in workplaces across industries, undermining employee well-being, job satisfaction, and overall organizational success. Recognizing the importance of cultivating a respectful workplace culture, many companies have implemented sexual harassment training programs. However, despite these efforts, the effectiveness of such training can vary. To ensure that sexual harassment training is truly… Continue reading Enhancing the Effectiveness of Sexual Harassment Training: Six Strategies for a Respectful Workplace Culture

The need for robust security measures has never been more critical in an increasingly interconnected world, where technological advancements are rapidly transforming industries. Propane companies, with their valuable physical and digital infrastructure, must take proactive steps to safeguard their assets and protect against potential threats. By implementing comprehensive security measures, these companies can ensure the… Continue reading Safeguarding the Future: Enhancing Security Measures for Your Propane Company’s Physical and Digital Infrastructure

Navigating the complexities of tax rules and ensuring accurate returns for your propane or fuel oil operation can be a daunting task. That’s why seeking the guidance of a qualified tax professional is essential. While store-bought software or custom solutions may seem tempting, the expertise and guidance of a tax professional are invaluable. Here are… Continue reading Expert Advice: Choosing the Right Tax Professional for Your Business

The propane industry faces several challenges, including supply chain disruptions, an aging workforce, and new federal emissions regulations. However, there are also some positive trends, such as increasing demand for propane and the development of new technologies. Supply Chain Challenges One of the propane industry’s biggest challenges is supply chain disruption. This has made getting… Continue reading Propane Equipment Manufacturers Discuss Trends and Challenges in the Industry

Branding plays a crucial role in the success of any business, including the propane industry. While many propane businesses prioritize investments in employees, fleet, and equipment, the impact of consistent branding across all platforms should not be underestimated. Research indicates that maintaining a cohesive brand identity can increase revenue by 23 percent. Your brand encompasses… Continue reading The Power of Branding: Elevating Your Propane Business for Maximum Success

In the competitive propane industry, maintaining visibility in the community is essential for attracting new customers and building a solid reputation. Propane retailers can increase brand awareness and establish themselves as trusted energy providers by actively engaging with the local community. Here are some effective strategies to enhance visibility and foster positive relationships within the… Continue reading Boosting Visibility: A Propane Retailers’ Guide to Community Engagement

Consistency is the key to building trust and loyalty among customers. Just as patrons flock to Chick-fil-A for its consistent quality and service, propane customers seek the same reliability. Whether it’s the prompt delivery of propane or the assurance that safety measures are consistently implemented, customers rely on propane companies to provide dependable services that… Continue reading The Power of Consistency: Fueling Success in the Propane Industry

Insurance coverage is a critical aspect of protecting propane retailers and their operations. However, certain specialized activities within the industry can give rise to coverage gaps that may lead to financial risks. While insurance policies for propane retailers typically provide coverage for property, general liability, and auto-related risks, certain specialized operations may fall outside the… Continue reading Safeguarding Propane Retailers: Insurance Considerations for Non-Owned Dispenser Sites

In the dynamic world of business, identifying and mitigating potential hazards is a key factor in ensuring long-term success and safeguarding operations. Propane companies can confidently navigate challenges and secure a prosperous future by implementing effective hazard identification strategies. A Holistic View of Business Hazards Propane companies need to adopt a holistic view of their… Continue reading Maximizing Business Success: Unveiling the Power of Hazard Identification

Washington State stands as the leading producer of apples, pears, and cherries in the United States. The fruit tree orchards spanning over 265,000 acres rely on propane-powered wind machines to safeguard the crops from frost damage. A single wind machine, coupled with a 500-gallon propane tank, is typically employed to protect a 10-acre block of… Continue reading Shifting Dynamics in Propane Tank Infrastructure and the Evolving Needs of the Fruit Tree Industry

In recent years, the concept of electrification has gained significant traction as a means to combat climate change and reduce greenhouse gas emissions. As societies strive to transition to cleaner energy sources, the focus has predominantly been on the electrification of various sectors such as transportation and heating. However, amidst this push towards electrification, an… Continue reading How the Electrification of Everything Could Pave the Way for a Surge in Propane Usage

Cogeneration involves the simultaneous production of electricity and useful heat from a single fuel source. Traditionally, electricity is generated at central power plants, while the heat produced during the generation process is often wasted. However, cogeneration plants capture and repurpose this waste heat for various applications, such as space heating, hot water production, or industrial… Continue reading Harnessing Propane-Powered Cogeneration for Heightened Energy Efficiency During Power Outages

As the hemp industry experiences remarkable growth, finding sustainable and efficient energy solutions becomes critical for cultivation and processing. Propane, known for its versatility and clean-burning properties, emerges as a promising option to address the energy needs of hemp farmers. The National Propane Gas Association (NPGA) has taken proactive steps to bridge the gap between… Continue reading Advancing Propane as a Sustainable Energy Solution for Hemp Farming: Challenges and Opportunities

Propane retailers are discovering the renewed effectiveness of customer newsletters as a direct and personalized communication tool. In a world filled with various marketing channels, newsletters stand out by delivering customized content to customers without relying on social media algorithms or website visits. Newsletters offer a range of distribution options, allowing retailers to fine-tune messaging… Continue reading Renewing the Effectiveness of Customer Newsletters for Propane Retailers

In the ever-changing propane market, retailers face challenges such as price volatility and consumer satisfaction. To navigate these complexities successfully, adopting a proactive approach is essential. Hence, the incorporation of pioneering tools such as Tank Spotter becomes imperative in augmenting retail businesses through task automation, swift resolution of safety and maintenance concerns, and steadfast adherence… Continue reading Enhancing Retail Businesses with Tank Spotter: Automating, Streamlining, and Simplifying Daily Operations

Numerous statements can be encountered during field inspections. These statements, often coming from dealers, trainers, and industry professionals in other states, shed light on important questions and concerns regarding compliance and violations. Statement 1: “What makes you qualified to tell me I have to fix it?” Inspectors, as authorized by the North Carolina General Statute… Continue reading Enhancing Compliance and Understanding in Propane Operations: Key Insights from Field Inspections