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
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
“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
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".
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,
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.
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