The OilSpot News from DTN Energy
Monday, April 14, 2003 VOLUME 1 ISSUE 39  



Tulsa’s Heritage Propane Acquires 1st Propane of Boise


Retail Pump Prices Slide 1.9 Cents in Weekly Report
Propane Stockpiles Up 1.6 Million Barrels Week Ended April 4


U.S. House Passes Broad Energy Bill that Opens ANWR


Economic Indicators


Weekly Rack Averages

Sunoco to Eliminate 86 Octane Grade in Midwest
New Gasoline Slate to Affect Nearly 1,100 Outlets

Philadelphia, Pennsylvania-based Sunoco, Inc. said last week that it will change the octane grades it makes available at its retail branded outlets in the Midwest. The company also announced its intentions to sell direct-supplied locations in Michigan and Southern Ohio.

On the product side, Sunoco will eliminate its 86 octane offering in the Midwest and move to a more competitive four-grade octane offering of 87-89-93 and Ultra 94. This change allows the company to offer customers the same product mix as competition in the lower grades, plus the choice at most locations of Ultra 94—the highest octane available. This four-grade product slate is also consistent with Sunoco's offering in its Northeast markets, said the company.
[FULL STORY]
 

Able Energy Rocked by N.J. Propane Blast
Company Hit with 13 Violations, Over $400,000 in Fines

Able Energy was assailed by New Jersey regulators who pinned 13 violations totaling more than $400,000 in fines against the company following an explosion at its Newton, N.J. propane facility on March 14. The company received a Notice of Violation from the N.J. Department of Community Affairs, citing the violations under the state’s Administrative Code regarding Liquefied Petroleum Gas.

Twelve of the violations were assessed a penalty of $500 each. One of the violations, regarding the liquid transfer from one truck to another truck, assessed a penalty of $408,000.
[FULL STORY]
 



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