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PMAA's weekly update on important national industry issues.

 
PMAA's Weekly Review - April 18, 2014  [WR-14-16]

 

 

In This Issue:
 

CHAIR OF REPUBLICAN STUDY COMMITTEE PROMOTES ENERGY AND GROWTH

 

DAIMLER EXEC COOL TO NATGAS TRUCKS

 

SENATE COMMITTEE CLEARS BILL TO REVAMP EMERGENCY WAIVERS FOR HEATING FUELS

 

INTL FCSTONE AND FUEL RIGHT VOTED BEST IN U.S.

 

WORLDPAY™ NOT IMPACTED BY OPENSSL ‘HEARTBLEED’ VULNERABILITY

 

PMAA MEMBER SERVICES SPOTLIGHT FEATURING: LABORCHEX
 

 
 

 
 

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CHAIR OF REPUBLICAN STUDY COMMITTEE PROMOTES ENERGY AND GROWTH

Members of energy rich Louisiana and North Dakota are gaining prominence and pushing the country forward in energy policy and economic development.

Rep. Steve Scalise (R-LA) is one of those members. As Chair of the largest caucus in Congress, the Republican Study Committee (RSC), Scalise has included aggressive fossil fuel resources production as a cornerstone of Republican efforts to strengthen the economy. Scalise is quick to point out that North Dakota has the lowest unemployment rate in the country, and it’s all because of new energy development there
  

DAIMLER EXEC COOL TO NATGAS TRUCKS

The wave of interest in natural gas for heavy-duty transportation is beginning to break, and the industry has begun to understand its limitations, the head of Daimler’s global truck and bus business said at the Mid-America Trucking Show. “I am convinced that a highly efficient diesel engine will remain the most important alternative in the United States,” said Dr. Wolfgang Bernhard.

“We don’t see any long-haul applications [for natural gas] so far,” Bernhard told the show attendees. “One of our suppliers put a 15L on hold because we don’t see the customers. I see a little bit of hesitancy. The hype is broken. There is more realism.”

The infrastructure challenge is daunting, Bernhard said. “We still have 200 times more diesel stations than natural gas stations, and engines must be up for the task of hauling long distances.”

In case anyone missed his point, when Bernhard was asked during the question-and-answer period what he sees as the best alternative fuel he quipped, “My alternative fuel is diesel because I don’t see any replacement for diesel in the long run.” He allowed, however, that if a viable alternative would develop it would be natural gas.

SENATE COMMITTEE CLEARS BILL TO REVAMP EMERGENCY WAIVERS FOR HEATING FUELS

Last week, the Senate Committee on Commerce, Science and Transportation approved by voice vote the “Reliable Home Heating Act” (S. 2086) which would provide state governors with greater autonomy in extending the Department of Transportation’s temporary emergency declarations, including Hours of Service (HOS), up to an additional 60 days (for a total of 90 days) for propane and heating oil. The bill was sponsored by Senators John Thune (R-SD) and Amy Klobuchar (D-MN) and would also provide an early warning system in which the U.S. Energy Information Administration (EIA) would notify governors when propane or heating oil supplies fall below the most recent five year average for more than three consecutive weeks. Currently, DOT temporary emergency declarations only last for 30 days which is not enough time to bring certainty to propane and heating oil suppliers.

S. 2086 is similar to legislation which the President signed into law last month known as the “The Home Heating Emergency Assistance Through Transportation (HHEATT) Act of 2014,” (H.R. 4076). The bill would extend DOT’s temporary emergency declarations, including HOS, for propane and heating oil transportation through May 31, 2014. H.R. 4076 would also give the Secretary of Transportation, in consultation with Governors of impacted states, the authority to terminate the extension of the emergency declaration if they deem the relief is no longer needed.

Because S. 2086 revamps current law compared to H.R. 4076 which only extended DOT’s emergency declarations, S. 2086 faces a steeper hill to climb in the Senate.
  

INTL FCSTONE AND FUEL RIGHT VOTED BEST IN U.S.

In a nationwide survey of petroleum marketing executives conducted by PMAA, INTL FCStone and Fuel Right have earned the title “Best in the U.S”.

INTL FCStone was voted best "Hedging Advisors" and Fuel Right was voted best "Anti-Corrosion Diesel Fuel Treatment".

INTL FCStone, headquartered in Kansas City, Missouri, is a Fortune 500 company providing customers across the globe with execution, clearing and advisory services in commodities, capital markets, currencies, asset management and more to commercial commodity intermediaries, end-users and producers. They offer their proprietary Integrated Risk Management Program (IRMP) as well as exchange and OTC execution and clearing services,

Fuel Right headquartered in Wilmington, Delaware, offers a variety of distillate treatments to control sludge, fouling and corrosion in fuel systems. In order to meet standards, all Fuel Right products must prove in controlled tests that they actually do what they claim to do, and they must do it better than competitors.

WORLDPAY™ NOT IMPACTED BY OPENSSL ‘HEARTBLEED’ VULNERABILITY

PMAA’s National Partner and Endorsed Vendor WorldPay would like to share this important Advisor Alert with you.

Should you have any additional questions on this or any other petroleum solutions, please contact PMAA Customer Service at 877.862.9195 or PMAA’s WorldPay Executive Client Manager, Glenda Preen at 972.325.1801.
    

PMAA MEMBER SERVICES SPOTLIGHT FEATURING: LABORCHEX
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LaborChex can complete an instant identity check that gives you every name and address used by the person for the last 1-25 years. You can compare those details with the ones provided on the job application and/or resume. We can also combine that information with a nationwide sex offender database check and check of millions of database criminal records in the U.S. and beyond.

LaborChex (serving clients nationwide since 1991) provides employment background screening services to PMAA members nationwide at discounted pricing. For more information, review PMAA’s current program or email Steven J. Austin or by phone at 601.624.4321. 

 

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