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U.S. biodiesel production capacity declined slightly in 2019

According to the most recent data, annual U.S. biodiesel production capacity decreased by 2%, or 49 million gallons, between January 2019 and January 2020. As of January 2020, biodiesel production capacity in the United States totaled 2.5 billion gallons (gal) per year, or 164,000 barrels per day ...

Natural gas prices and renewable capital costs affect the generation mix in China

In the International Energy Outlook 2020 (IEO2020), the U.S. Energy Information Administration (EIA) projects that electricity generation in Asia will more than double between 2019 and 2050. EIA analyzed the impacts of changing the price of natural gas and the capital costs associated with adding ...

Crude oil tanker rates are likely to remain low until global petroleum demand increases

In March and April 2020, reduced demand for crude oil and petroleum products in response to COVID-19 mitigation efforts led to a sharp increase in global crude oil inventories. As onshore inventories increased, market participants turned to using oil tankers to store oil, which is typically more ...

Residential heating oil prices this winter are 28% lower than last winter

According to the U.S. Energy Information Administration’s (EIA) Heating Oil and Propane Update (HOPU), prices during the first two weeks of the current winter heating season (October 1 through March 31) were 28% lower for heating oil than during the 2019–2020 winter. This decrease is the ...

Residential propane prices so far this winter are similar to last winter’s prices

According to the U.S. Energy Information Administration’s (EIA) Heating Oil and Propane Update (HOPU), propane prices during the first two weeks of the current winter heating season (October 1 through March 31) were 4% lower than during the same time last winter. Lower residential propane ...

Utility-scale battery storage costs decreased nearly 70% between 2015 and 2018

The average energy capacity cost of utility-scale battery storage in the United States has rapidly decreased from $2,152 per kilowatthour (kWh) in 2015 to $625/kWh in 2018. Battery storage systems store electricity produced by generators or pulled directly from the electric power grid and ...

U.S. natural gas exports to Mexico have increased in the first nine months of 2020

U.S. exports of natural gas to Mexico, almost all of which travel by pipeline, have continued to increase in 2020. These increases have more than offset declines in Mexico’s imports of liquefied natural gas (LNG) and relatively smaller declines in Mexico’s domestic natural gas ...

EIA forecasts slightly higher U.S. propane consumption this winter season

The U.S. propane market is highly seasonal: about two-thirds of the propane consumed last year was consumed in the winter months (October through March). In the United States, most propane is consumed in homes during the winter; about 5% of U.S. homes use propane as their main heating fuel. In its ...

EIA expects relatively high distillate inventories to decrease through the winter

U.S. distillate fuel oil inventories remained high through summer 2020 because production outpaced demand. The U.S. Energy Information Administration (EIA) expects that increased demand for distillate fuel oil in the agriculture and residential sectors in the coming winter will help to draw down ...

The United States consumed a record amount of renewable energy in 2019

In 2019, consumption of renewable energy in the United States grew for the fourth year in a row, reaching a record 11.5 quadrillion British thermal units (Btu), or 11% of total U.S. energy consumption. The U.S. Energy Information Administration’s (EIA) new U.S. renewable energy consumption ...

CountryMark

CountryMark helps cover mask costs for local students in Posey County

CountryMark is helping to cover the costs of face masks for students attending school in the Metropolitan School District of North Posey County and the Metropolitan School District of Mount Vernon Indiana. Read More... ...

CountryMark and branded dealers give back through adjusted Fueling Freedom program

For over 10 years, CountryMark has hosted Fueling Freedom events at CountryMark branded fueling stations across Indiana, Illinois and Ohio. During these events, CountryMark and branded dealers have donated 50 cents for every gallon of fuel pumped to local National Guard Soldier & Family Readiness Groups Read More... ...

Unleaded 88 now available at CountryMark terminals

CountryMark, a farmer-owned cooperative, recently added Unleaded 88, a 15 percent ethanol blend to its PLUS gasoline product line-up. The new, higher octane gasoline fuel will be available for purchase at CountryMark fuel terminal locations in Jolietville, Mt. Vernon, Peru and Switz City, Indiana. Read More... ...

SynEnergy Partners Propane Division is pleased to announce the New Referral Program

With this referral program both new and existing customers can receive a $50 credit on their account. There are no limits to how many referrals you can get so the savings can stack up quick! Here is how it works: 1. Current Customer will refer a new customer, giving them their Name and Account Number Read More... ...

COVID-19 Public Statement from CountryMark

A message from CountryMark President and CEO Matt Smorch regarding COVID-19 (coronavirus). Read More... ...

CountryMark CEO Retires After Lifetime Career in Oil Business

After 17 years as CountryMark’s chief executive officer and president, Charlie Smith will retire from the company this December. “Our employees are what makes this company great, and I have been honored to serve them since 2003,” said Smith. Read More... ...

Smorch will lead CountryMark as next CEO

The CountryMark Board of Directors recently named Matt Smorch as the new president and chief executive officer following the retirement of Charlie Smith effective January 1, 2020. Read More... ...

Small Refiner Exemption Protects Jobs without Destruction to Renewable Fuel Demand

As a farmer-owned cooperative, CountryMark serves as a strong advocate and state leader in the marketing of renewable fuels including ethanol and biodiesel blends. Due to disproportionate economic hardship, CountryMark applied for an exemption under the Environmental Protection Agency’s Renewable Fuels Standard (RFS) for 2018 and has notified the EPA of its intent to sue Read More... ...
Fueling Freedom 2019 Results

Fueling Freedom 2019 Results

CountryMark Fueling Freedom events raise more than $57,000 for local military families! CountryMark’s Fueling Freedom events on June 21 raised more than $57,000 to support local National Guard Family Readiness Groups. Across Indiana, Illinois and Ohio, 37 CountryMark-branded fueling stations participated in Fueling Freedom 2019. For every gallon of fuel pumped, CountryMark and local branded-dealers Read More... ...

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SynEnergy Partners LLC continues to monitor COVID-19 around the clock under the guidance of our Global Crisis and Regional Incident Management teams, and we have responded as a company with compassion for those who may be affected as well as an abundance of caution to limit the spread of the virus.

We are also taking measures to ensure business continuity remains unimpacted during this time.