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Energy Extras
Fuel Storage Tank Size/Maintenance
By Gerry Crawford, Energy Sales
As we work through another challenging growing season, we are seeing excessive moisture in some of our trade area. With the farmers haying, and the contractors working to get their road work done and buildings built, the need for fuel will be at a high level.
CFC is blessed to have motivated refined fuel and propane delivery drivers. With the busy fall and spring deliveries we would like to visit with our customers about tank storage size. Depending on the operation, fuel storage ideally should be 3 to 4 fills per year. Historically it has been a beneficial price to fill your tanks midwinter late December through February, and again early to midsummer June or July.
We have some customers that should consider updating to newer larger tanks. Some of these tanks are overhead gravity flow and are under 500-gallon capacity. As we move forward, for the safety of our drivers, we want to encourage converting these overhead tanks to ground level tanks. We have a complete inventory of tanks, pumps, and accessories. We have tank sizes 300, 560, 1000, and 2000 in inventory. We’re able to order larger sizes if a customer is interested.
Since we are talking about fuel storage tanks, we would like to remind you that it is important to perform tank maintenance every six months. When we store fuel in a tank through the spring and fall season, the tank will sweat on the inside from temperature change. This moisture will drain to the bottom of your storage tank. Proper fuel storage tank practices such as draining or pumping the water out are essential in maintaining the viability of cleaner diesel. If you have questions CFC can help you determine if there is water at the bottom of your fuel tanks. We appreciate the opportunity to earn your business. Have a safe summer and fall harvest!
7/5/2024
CFC Budget Program
By Scott Chase, Energy Department Manager
As we turn the calendar to June, it’s incredible to think we are halfway through the 2024 year. We need to start looking ahead to the coming propane season. Central Farmers offers a budget program that assists customers with their propane expenses. We encourage customers to use this program to provide peace of mind and consistent payment costs. The CFC budget plan locks in your pricing even if the market price rises. The company is looking out for the best interest of the patrons and encourages anyone to stop by and ask questions. Also, as a valued customer, we consider safety by monitoring the regulators and performing leak checks. Brad, Todd, and Keith are updating and changing regulators in the countryside. We are following state codes and INSURANCE mandates, a system inspection and leak check will be performed on all new regulators. The drivers will provide and review safety information and explain the operating system.
Also, in the news, the energy forecast stated that more oil is being produced than used today. With the reduction in usage, the cost to producers has dropped. In June 2022, the average gasoline was $1.10 higher than it is today. In June of 2024 we are 25 cents less than a year ago. With that I say THANK you to all the current customers that take advantage of our programs, and we encourage many more to come in our doors.
6/14/2024
Energy Markets and Shop Services
By Gerry Crawford, Energy Sales
Planting season is well underway with some of our trade area wetter than we would like. While this creates a challenging spring, the moisture in our soil profile is a very good thing.
Some things that could affect the energy markets as we go forward include the following. The Western Energy Alliance, a trade group representing oil and gas companies that drill on federal lands in the western U.S, has sued the U.S. Bureau of Land Management seeking to block a rule that will raise fees for oil and gas development on federal lands. This is said to be a part of the U.S. government's broader effort to boost returns and address environmental harms stemming from drilling on public lands. Under the new policy, finalized last month, oil and gas companies will pay higher bonds to help ensure old oil and gas wells are plugged and restored, as well as increased lease rents, minimum auction bids and royalty rates for the fuels they extract.
When we look at the week ending May 17th, U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 1.8 million barrels. At 458.8 million barrels, U.S. crude oil inventories are about 3% below the five year average for this time of year. Total motor gasoline inventories decreased by 0.9 million barrels and are about 2% below the five year average for this time of year. Finished gasoline inventories increased, while blending components inventories decreased last week. Distillate fuel inventories increased by 0.4 million barrels and are about 7% below the five year average for this time of year.
Propane/propylene inventories increased by 2.2 million barrels from last week and are 14% above the five year average for this time of year. Total commercial petroleum inventories increased by 7.5 million barrels last. Refineries operated at 91.7% of their capacity.
With the days getting warmer, we would like to remind you that we have AC recharging machines at our Salem and Scotland stations. Some of the other services we offer are tire repair, oil changing and light mechanic work on autos, truck DOT inspections, and diesel engine repair.
We want to thank you for your business!
5/24/2024
CFC's Safety & Delivery Policies
As a valued propane customer, your safety is our main concern.
We would like to make you aware of our delivery policies.
Our policies follow the National Fire Protection Association mandates, state codes, insurance requirements
and the CFC credit policies.
We appreciate your business and look forward to serving you this coming season.
Click here for more information.
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Energy Staff
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 JT Kass
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