In this edition of the Monday Morning Messenger, the TPGA highlights an opportunity for the propane industry to learn more about price and supply forecasts offered by the Energy Information Administration (EIA) and where you might find additional information as there has been much media attention propane prices and supply everyone from Tucker Carlson to Bloomberg in recent days.
The Texas Propane Gas Association highlights opportunities for hiring veterans, where you can find them, and tax credits for veteran new hires that may be available to your company.
In case you missed it, the association just released a more detailed schedule for the upcoming November 9-10, 2021 Q4 TPGA Board & Committee meetings including room block information. Read more about it in our last story of the morning.
Don't forget to check out our Quick Links section for a link to the most recent TPGA Winter Weekly, which contains price and supply updates as well as clickable access to our TPGA compliance store. Additionally, TPGA provides links to some Propane Council of Texas (ProCOT) programs like the Duty to Warn Safety Mailing Program which is very popular during the heating season as well as the Texas Saves with Propane Appliance Rebate Program which provides $300 per propane water heater or furnace.
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In this issue
- In Brief
- Upcoming EIA Price & Supply Outlook Webinar
- Texas Veteran Job Fairs
- Veteran Hire Tax Credit
- TPGA Meetings Update
- Quick Links
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Calendar
October 18-20, 2021
October 19, 2021
October 19, 2021
October 20-22, 2021
October 22, 2021
November 4, 2021
November 4-5, 2021
November 5, 2021
November 9-10, 2021
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Everyone is talking about the price of energy as we head into winter. Several energy sources, not just propane, have seen an increase in prices.
The Energy Information Administration in the National Association of State Energy Officials (NASEO) has put together a webinar tomorrow, Tuesday, October 19, 2021, at 12 PM CDT /1 PM ET to discuss winter energy forecasts.
The webinar will include a presentation of EIA’s Winter Fuels Outlook and presentations from well-known industry representatives and energy experts who will provide their views on factors that will affect energy markets this winter in the United States and globally.
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If you cannot make the webinar, don't fret. Our November issue of Texas Propane magazine will do a deep dive into the EIA Winter Outlook with a concentration on propane price and supply for the 2021-2022 heating season.
Additionally, just last week, TPGA recommenced our Winter Fuels Weekly report with price and supply updates every week from October 2021 - March 2022.
In anticipation of consumer price inquiries this winter, PERC is discussing the possibility of putting together some talking points that marketers may use.
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TX Hire a Veteran Event Near You |
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Veterans come with a host of attributes. Texas Workforce Commission (TWC) highlights that veterans are:
- Responsible— veterans know what it means to be accountable for valuable human and material resources.
- On-time, all the time — veterans know that every second counts and will be there on time.
- Calm under fire — veterans are steady, cool, and collected. Handling stress is all in a day’s work for veterans.
- They have skills — veterans undergo trade-related and technical training while in the military that gives them trade-related background.
That said. Hiring Red, White & You! Job Fair is a statewide hiring event next month that connects veterans, transitioning military members, and military spouses to employers across Texas.
Save the date! November 4th, 2021 marks the Texas Workforce Commission's 10th annual, statewide hiring event.
Since 2012, Hiring Red, White & You! has worked with more than 18,268 employers, connected more than 108,288 job seekers to meaningful job opportunities, and facilitated over 2,800 same-day hires.
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Did You Know You Can Claim a
Tax Credit for Hiring Veterans?
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The Work Opportunity Tax Credit (WOTC), recently extended to 2025, is a federal tax benefit administered by the U.S. Department of Labor (DOL) in partnership with the local workforce agencies like the Texas Workforce Commission and IRS for employers who hire individuals from specified target groups like certain veterans. WOTC reduces a business’s federal tax liability, serving as an incentive to hire select veterans (e.g. veterans unemployed at least 4 weeks, veterans unemployed for 6 months, veterans receiving food stamps, or disabled veterans).
Employers can receive up between $2,400 to $9,600 maximum tax credit per veteran depending on new employee pay during the first year of employment. The credit is limited to the amount of the business income tax liability or Social Security tax owed.
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On or before the day that an offer of employment is made, the employer and the job applicant must complete Form 8850 (Pre-Screening Notice and Certification Request for the Work Opportunity Credit). Form 8850 must be submitted by the employer to Texas Workforce Commission within 28 calendar days from the new employee’s start date.
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Fall TPGA Board &
Committee Meetings
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Members can join the Texas Propane Gas Association (TPGA) at The Westin Hotel located in The Domain in Austin, TX for the Fall 2021 TPGA Board and Committee meetings. The Domain boasts an extensive lineup of shops & boutiques, amazing restaurants, bars, and unforgettable nightlife.
Schedule
November 9, 2021
10:00a - 12:00p Technical & Standards Committee
(Discussion on integration of training; PERC & RRC continuing education requirements; entry-level driver training - FMCSA)
12:00p - 1:30p Lunch on your own
1:30p -2:30p Meeting Planning
(Drafting plan of events for integration TPGA & TFFA shows)
2:45p - 3:45p Executive Committee (NPGA affiliation; dues invoices)
4:00p - 5:30p Finance Committee
7:00p President's Social Hour, The Urban Bar, The Westin Hotel
November 10, 2021
7:30a - 8:30a Breakfast for attendees
9:00a - 11:30a Board Meeting (Report from T&S, Finance report, Executive Director's report)
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Make your hotel reservations
Group rate: $179/night + tax
Please call 512-832-4197 and ask for the TPGA 4th Quarter BOD Meeting when making your reservations.
The hotel discount deadline is by 5:00pm on Friday, October 22, 2021.
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OCTOBER 14, 2021
WINTER WEEKLY
PRICE & SUPPLY UPDATE
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SIGN UP FOR THE DUTY TO WARN
SAFETY MAILING PROGRAM
THIS HEATING SEASON
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TEXAS PROPANE APPLIANCE REBATE PROGRAM
$174,000 STILL AVAILABLE
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BROWSE TPGA'S ONE-STOP COMPLIANCE SHOP
PROPANE SERVICE CORP
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