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| Please join me in welcoming our newest member, Richard DeMarco, Jr. — First Vice President — Wealth Management, for UBS Financial Services Inc. in Portsmouth, NH
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MEMA
New England Fuel Institute
Emboldened by their control of Congress and (as of Jan. 20) the White House, Republicans have an ambitious legislative agenda in store for the New Year. The 115th Congress formally convened last week and started the 2017 legislative session with repeal of President Obama's 2010 healthcare law, roll-back of the Dodd-Frank Wall Street Reform Act, and various measures requiring greater transparency and accountability in the federal rulemaking process.
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MEMA
Accepting ads now. Ad information and contract HERE.
June 19-20 — MEMA – NH Convention – Northern NE Energy Conference - Sebasco Harbor Resort
Aug. 28 – MEMA Golf Tournament
Convenience Store News
The U.S. Department of Agriculture's Food and Nutrition Service is offering assistance to small retailers in the form of its new Healthy Corner Store Guide, which seeks to educate small business owners on how to improve access and sales of healthy products.
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Convenience Store News
The Food and Drug Administration will address problems with electronic cigarette batteries at a special workshop this spring.
The FDA's Center for Tobacco Products "will host a science-based workshop to gather information and stimulate discussion on batteries used in electronic nicotine delivery systems, including electronic cigarettes." The meeting is slated for April 19-20.
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Bangor Daily News
Gov. Paul LePage's $6.8 billion, two-year state budget proposal, released Friday night, would reduce Maine’s state employee workforce by about 500 and shift Maine to a flat income tax by 2020.
The budget proposal for the 2018 and 2019 fiscal years was released on Friday with little fanfare. The LePage administration posted it to a state website just over an hour and half before it was due to the Maine Legislature.
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The Petroleum Marketers Association of America
On Wednesday, Jan. 4, the Senate voted mostly along party lines to take the first official step toward
repealing President Barack Obama's signature healthcare law. The 51-48 vote was a procedural
motion to start debate on a budget resolution that Republicans hope will result in overhauling
Obamacare, and came shortly after President Barack Obama and Vice President-elect Mike
Pence visited Capitol Hill to rally their respective parties on the issue.
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NATSO
A number of Republican Senators from states that produce renewable fuels met on Jan. 5 with Oklahoma Attorney General Scott Pruitt, President-elect Donald Trump's nominee for administrator of the Environmental Protection Agency.
Among the topics discussed, the lawmakers said they addressed the Renewable Fuel Standard and who should bear responsibility for the RFS compliance requirements. Under the RFS, refiners and importers are required to ensure that renewable fuels are integrated into the nation’s fuel supply. Recently, however, there has been a coordinated effort on the part of some refiners to encourage policymakers to shift compliance responsibility under the RFS from refiners and importers to "rack sellers."
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Morning Sentinel via Portland Press Herald
A Yarmouth-based energy company is proposing a pair of new solar projects – in Fairfield and Clinton – that could generate enough power for 6,000 out-of-state homes combined and create more than 200 jobs locally.
Ranger Solar, which also plans to bring a utility-scale solar farm to Farmington that could break ground in 2018 and eclipse the size of any solar installation now operating in Maine, expects the new projects in Fairfield and Clinton to generate 20 megawatts of power each, but the power will be sent to Connecticut.
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Forbes
After the first fall in U.S. dry gas production in more than a decade in 2016, output is sure to regain its upward trend in 2017. No wonder, EIA has Henry Hub prices increasing from $2.50/MMBtu last year to nearly $3.30 this year.
Again, regardless of what some keep telling you, we have baseload gas demand markets that are continually growing: gas for electricity, gas for industrial use, gas for LNG export to the world, gas for piped export to Mexico and Canada. And don't underestimate emerging idiosyncratic uses, such as gas in heavy trucking and gas as the required backup for wind and solar power.
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MarketWatch
The U.S. Energy Information Administration warned Tuesday that the nearly two-year streak of overall declines in U.S. oil production may be over, raising its forecast on production for this year and predicting a year-on-year output climb for 2018.
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Portland Press Herald
Proposals aimed at lowering power rates in Maine by building a big natural gas storage facility suffered a blow when a consultant for the Maine Public Utilities Commission determined the project wouldn’t benefit electric and gas customers.
The consultant came to similar conclusions for a variety of competing plans that sought to have customers help pay for gas storage ventures, based on the promise of lower rates in the future. And while these conclusions were based on whether a controversial natural gas pipeline is built in southern New England, the overall findings raise doubt that the storage idea will gain traction.
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