The home heating oil industry has a long and proud history, and Fuel Oil News has been there supporting it since 1935. It is an industry that has faced many challenges during that time. In its 77th year, Fuel Oil News is doing more than just holding
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4 NOVEMBER 2016 | FUEL OIL NEWS | www.fueloilnews.com DATELINE BREAKING NEWS small vehicles. Energtek offers what it calls cost-effective natural gas delivery solutions based on pipe-less technologies and prod- ucts. Energtek's solutions allow consumers who are not connected to a pipeline to take advantage of natural gas The merger, which is subject to customary closing conditions, is antici- pated to be completed during the fourth quarter of 2016. As of the closing, the c o m b i n e d g r o u p w i l l b e r e n a m e d American Mobile Power, Inc., Energtek said in its Sept. 21 statement. Yoav Krill, chief executive officer of Energtek, said, "We are acquiring a leading energy distributor on the East Coast, with thousands of clients, size- able revenues, profits and an experienced management team. The execution of the merger agreement is the product of months of negotiations and hard work by all involved. I wish to thank the HOP owners and management for their leader- ship and cooperation." Energtek's executive vice chairman, Marshall Cogan, said, "Our effort is directed toward revitalizing the compa- ny's strategy and turning Energtek into a substantial player in the market of mobile energy, supplying affordable energy to households and small-to-medium busi- nesses. The synergies that we expect to achieve by this acquisition will enable us to play a significant role in product diver- sification to suppliers and consumers, with considerable improvements to the margins of this industry." Michael Anton, president and chief executive officer of HOP, said, "Joining forces with Energtek in a combined company will enable us to reaffirm our dedication to taking care of our many cus- tomers, whether residential or commercial. We shall strive to increase our size and resources to meet their needs on a day-to- day basis as well as in emergency situations. We also look forward to expanding the range of our services, and to be able to add natural gas to the current mix of heating oil, liquid fuels and propane." INCOMING ATA CHAIRMAN TOUTS NEED FOR HIGHWAY INVESTMENT Kevin Burch, president of Jet Express Inc., Dayton, Ohio, and the incoming chairman of the American Trucking Associations, emphasized the important role of well-maintained infrastructure in a roundtable discussion hosted by U.S. Rep. Sam Graves (R-Mo.), chairman of the House Transportation and Infrastructure Committee's Subcommittee on Highways and Transit. "Having good, uncongested highways is important to my company and to trucking companies across the country," Burch said, according to a statement issued by ATA. Burch pointed out that dedicated funding for freight projects in last year's FAST Act was an important win for trucking. Specifically, he cited the early comple- tion of a five-mile section of Interstate 75 in Dayton that has already improved safety for trucks and other motorists in the area, according to the statement issued Sept. 23 by ATA. "A third of all crashes," Burch said, "are due to poor or outdated road design. These types of projects don't just improve efficiency and reduce congestion, they improve safety." Burch also used the discussion to address other important issues to the trucking industry including truck park- ing, electronic logging devices and the need to retain access to the current hours- of-service restart, which allows use of the extended break without restriction. "It is good for ATA to be at the table for these important discussions," Burch said after the roundtable. "I want to thank Chairman Graves and the rest of the com- mittee – not only for their bipartisan effort to pass the FAST Act – but for inviting ATA to this roundtable about the law's implementation and for the opportunity to keep the dialogue about these important issues moving forward." American Trucking Associations, a federation of 50 affiliated state trucking associations, represents the U.S. trucking industry. l F O N CORRECTION An entry for Messer Petroleum Equipment, published in the Truck, Trailer and Equipment Directory in the September issue, contained incorrect information. Here is the correct information: MESSER PETROLEUM EQUIPMENT 184 Main St., Suite 3B South Portland, ME 04106 207-767-2151 Fax: 207-767-2717 Contact: Ray Thombs CALENDAR OF EVENTS DECEMBER 2016 Oil Heat Council of New Hampshire Membership Meeting December 6 Puritan Conference Center Manchester, N.H. Call 603-415-8330 or Email: lisajo@nhoilheat.com JANUARY 2017 2017 National Biodiesel Conference & Expo January 16-19 San Diego, Calif. Website: www.biodieselconference.org International Air-Conditioning, Heating, Refrigerating Exposition (AHR Expo) January 30-February 1, 2017 Las Vegas Convention Center, Las Vegas, Nev. For more information visit www.ahrexpo.com. MARCH 2017 The Work Truck Show March 14–17, 2017 Indiana Convention Center, Indianapolis, Ind. Visit worktruckshow.com or call 800-441-6832