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Department of Energy Water Heater Final Rule

On December 26, 2024, the Department of Energy released its Final Rule: Energy Conservation Program: Energy Conservation Standards for Consumer Gas-fired Instantaneous Water Heaters. The rule would deprive consumers of energy choice, and would eliminate a product class of non-condensing tankless water heaters from the market.

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Inventory 1/8/2025

Propane down despite inventory drawThe EIA reported U.S. propane inventories declined 2.455 millionbarrels for the week ending January 3. Industry analysts wereexpecting a 2.78-million-barrel draw. Over the last five years inventoryhas declined 1.967 million barrels during week 53/1 of the year. Propane production was down

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