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Fuel Oil News - March 2017

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10 MARCH 2017 | FUEL OIL NEWS | www.fueloilnews.com FUELS EIA NE WS KLEERBLUE SOLUTIONS DEBUTS FLEET AND RETAIL DEF DISPENSERS KleerBlue Solutions, Evansville, Ind., launched diesel exhaust fluid (DEF) dispensers engineered for warm climate use (above 12°F/-11°C). The units forego heating and insulation components, allowing for a smaller footprint and less cost, the company said. The dispensers, under the brand name Regal, are streamlined ver- sions of the KleerBlue Apex dispensers, the company said. They feature a weather-proof black and white powder-coated galvannealed steel exterior, DEF-compatible wetted parts, stain- less steel filter, backlit LED display, and built-in pump power relay. The dispenser base is 12 inches deep and 18 inches wide to allow more placement options, the company said. The Regal comes in two models: fleet and retail. The fleet model features an exterior volume display and an electric pulse output to send DEF vol- ume information to FMS or other monitoring software. The retail model displays sales and price information in addition to volume. It is able to emulate most standard dispenser protocols and integrate with most standard POS systems. The Regal can be supplied remotely or as part of KleerBlue's turn-key Fueling Island Friendly Mini-Bulk systems. KleerBlue offers DEF storage, handling and dispensing equip- ment. Its products range from drum and tote dispensing solutions to fueling island-friendly mini-bulk tanks and larger bulk aboveg- round tanks, from fixed and portable pumping systems to fully automated blending facilities. KleerBlue was formed in 2009 as a 50/50 joint venture between Separation By Design, Inc. and Murray Equipment, Inc. Visit the website KleerBlueSolutions. com to learn more. EIA: RESIDENTIAL HEATING OIL PRICES UP FROM LAST YEAR Residential heating oil prices as of Feb. 6, 2017, averaged $2.64 per gallon, nearly one cent per gallon higher than the previous week's price and almost 55 cents per gallon higher than the price one year before. The average wholesale heating oil price, $1.73 per gallon, was four cents per gallon higher than the week before and just over 60 cents per gallon higher than a year ago. The U.S. average diesel fuel price remained at $2.56 per gal- lon on Feb. 6, 55 cents higher than a year ago. The Midwest and Gulf Coast prices stood at $2.49 per gallon and $2.40 per gallon, respectively. The East Coast and Rocky Mountain prices remained at $2.62 per gallon and $2.52 per gallon, respectively. The West Coast price was $2.86 per gallon. U.S. propane stocks decreased by 6.9 million barrels to 55.8 million barrels as of Feb. 3, 2017, 19.0 million barrels (25.4%) lower than a year ago. Gulf Coast, East Coast, Midwest, and Rocky Mountain/West Coast inventories decreased by 4.7 million bar- rels, 1.1 million barrels, 0.8 million barrels, and 0.2 million barrels, respectively. Propylene non-fuel-use inventories represented 6.4% of total propane inventories. Residential propane prices averaged nearly $2.46 per gallon, almost 43 cents per gallon higher than a year ago. Wholesale pro- pane prices averaged nearly $0.99 per gallon, almost 52 cents per gallon higher than the price one year ago. Source: This Week in Petroleum, published Feb. 8, 2017, by the Energy Information Administration, U.S. Department of Energy. EIA: PROPANE-BY-RAIL DATA GIVES INSIGHT TO CHANGING MARKETS EIA recently added information on rail movements of pro- pane, propylene, normal butane, and isobutane to its monthly petroleum data. These four products make up the majority of hydrocarbon gas liquids (HGL) moved by rail. This data adds transparency to market supply and demand dynamics for regions that are a source or destination for these products. Meanwhile, the growth in HGL-by-rail highlights market changes resulting from increased U.S. HGL production. HGL-by-rail data are available for propane, propylene, nor- mal butane, and isobutane only. EIA has found insignificant quantities of ethane moved by rail, which requires cryogenic tanks and is almost exclusively moved by pipeline, while move- ments of butylenes and natural gasoline were difficult to discern from available data sources. The release of HGL-by-rail data follows the previous release of data on rail movements of crude oil and biofuels. Like the pre- vious series, HGL-by-rail data are developed using information provided by the U.S. Surface Transportation Board. Each HGL product serves a different market with a unique set of supply and demand drivers reflected in rail movement data. Propane volumes moved by rail are the largest of the four HGL products, representing roughly half of all HGL by rail vol- umes. In the United States, propane is used mainly for space heating, as a feedstock for petrochemical plants, and, to a lesser extent, for agricultural applications and transportation. Heating oil retail price incl taxes, U.S. average 4.00 2.00 0.00 projections Source: Short-Term Energy Outlook dollars per gallon Jan-2016 Jul-2016 Jan-2017 Jul-2017 Jan-2018 Jul-2018

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