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#1
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Propane prices?
I usually contract our heating propane (850 gal.) and have normally came
out on top. Well, this past fall they wanted $1.699/gal. to contract and at that time it was only $1.499 off the truck so I simply topped off both tanks...500 gal. tank for house and 250 gal. tank for the shop/garage. As you are aware this winter has been dramatically colder than normal thus we have used significantly more propane plus there is somewhat of a propane shortage (real or imagined). I just called to make sure that they filled both tanks before we leave for Florida next week and the current price is a whopping $2.69/gal.! So much for not contracting. :-( This is in SE Iowa where propane is normally reasonably priced. Anyone else have any recent prices? |
#2
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Propane prices?
On 1/22/2014 12:14 PM, IGot2P wrote:
I usually contract our heating propane (850 gal.) and have normally came out on top. Well, this past fall they wanted $1.699/gal. to contract and at that time it was only $1.499 off the truck so I simply topped off both tanks...500 gal. tank for house and 250 gal. tank for the shop/garage. As you are aware this winter has been dramatically colder than normal thus we have used significantly more propane plus there is somewhat of a propane shortage (real or imagined). I just called to make sure that they filled both tanks before we leave for Florida next week and the current price is a whopping $2.69/gal.! So much for not contracting. :-( The local newspaper had a story on this today. From the article: U.S. supplies of propane have fallen to the lowest level for January since 2001 as the country is shipping record levels of propane and propylene abroad from new export terminals on the Gulf Coast. Spot propane at the Conway, Kan., trading hub jumped 70 cents to $2.45 a barrel, the highest since at least January 2008. Wholesale prices at the Mid-America Pipeline Co. terminal in Conway ranged from $2.16 to $2.62 a gallon, the most in records going back to 2007. “Two months ago, I would have told you the United States had the lowest propane price in the world except for Saudi Arabia,” Joe Rose, president of Propane Gas Association of New England, said. “Now in the last week, that price has just gone crazy.” It's bad for the US consumer, but it's good for the US balance of trade. |
#3
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Propane prices?
On Wed, 22 Jan 2014 12:14:42 -0600, IGot2P wrote:
I usually contract our heating propane (850 gal.) and have normally came out on top. Well, this past fall they wanted $1.699/gal. to contract and at that time it was only $1.499 off the truck so I simply topped off both tanks...500 gal. tank for house and 250 gal. tank for the shop/garage. As you are aware this winter has been dramatically colder than normal thus we have used significantly more propane plus there is somewhat of a propane shortage (real or imagined). I just called to make sure that they filled both tanks before we leave for Florida next week and the current price is a whopping $2.69/gal.! So much for not contracting. :-( This is in SE Iowa where propane is normally reasonably priced. Anyone else have any recent prices? http://usnews.nbcnews.com/_news/2014...nter-woes?lite |
#5
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Propane prices?
On 1/22/2014 12:27 PM, Moe DeLoughan wrote:
On 1/22/2014 12:14 PM, IGot2P wrote: I usually contract our heating propane (850 gal.) and have normally came out on top. (snipped because of aioe.org) The local newspaper had a story on this today. From the article: U.S. supplies of propane have fallen to the lowest level for January since 2001 as the country is shipping record levels of propane and propylene abroad from new export terminals on the Gulf Coast. Spot propane at the Conway, Kan., trading hub jumped 70 cents to $2.45 a barrel, the highest since at least January 2008. Wholesale prices at the Mid-America Pipeline Co. terminal in Conway ranged from $2.16 to $2.62 a gallon, the most in records going back to 2007. “Two months ago, I would have told you the United States had the lowest propane price in the world except for Saudi Arabia,” Joe Rose, president of Propane Gas Association of New England, said. “Now in the last week, that price has just gone crazy.” It's bad for the US consumer, but it's good for the US balance of trade. It may be good for the US balance of trade but it is not good for me! :-) |
#6
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Propane prices?
On 1/22/2014 1:27 PM, Moe DeLoughan wrote:
The local newspaper had a story on this today. From the article: U.S. supplies of propane have fallen to the lowest level for January since 2001 as the country is shipping record levels of propane and propylene abroad from new export terminals on the Gulf Coast. Spot propane at the Conway, Kan., trading hub jumped 70 cents to $2.45 a barrel, the highest since at least January 2008. Wholesale prices at the Mid-America Pipeline Co. terminal in Conway ranged from $2.16 to $2.62 a gallon, the most in records going back to 2007. “Two months ago, I would have told you the United States had the lowest propane price in the world except for Saudi Arabia,” Joe Rose, president of Propane Gas Association of New England, said. “Now in the last week, that price has just gone crazy.” It's bad for the US consumer, but it's good for the US balance of trade. I know a couple people who heat with propane. That's got to hurt. -- .. Christopher A. Young Learn about Jesus www.lds.org .. |
#7
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Propane prices?
On Wed, 22 Jan 2014 13:08:48 -0600, IGot2P wrote:
On 1/22/2014 12:27 PM, Moe DeLoughan wrote: On 1/22/2014 12:14 PM, IGot2P wrote: I usually contract our heating propane (850 gal.) and have normally came out on top. (snipped because of aioe.org) The local newspaper had a story on this today. From the article: U.S. supplies of propane have fallen to the lowest level for January since 2001 as the country is shipping record levels of propane and propylene abroad from new export terminals on the Gulf Coast. Spot propane at the Conway, Kan., trading hub jumped 70 cents to $2.45 a barrel, the highest since at least January 2008. Wholesale prices at the Mid-America Pipeline Co. terminal in Conway ranged from $2.16 to $2.62 a gallon, the most in records going back to 2007. “Two months ago, I would have told you the United States had the lowest propane price in the world except for Saudi Arabia,” Joe Rose, president of Propane Gas Association of New England, said. “Now in the last week, that price has just gone crazy.” It's bad for the US consumer, but it's good for the US balance of trade. It may be good for the US balance of trade but it is not good for me! :-) So buy more at Walmart to balance things out. ;-) |
#8
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Propane prices?
On Wed, 22 Jan 2014 13:06:07 -0600, IGot2P wrote:
On 1/22/2014 12:30 PM, wrote: On Wed, 22 Jan 2014 12:14:42 -0600, IGot2P wrote: I usually contract our heating propane (850 gal.) and have normally came out on top. Well, this past fall they wanted $1.699/gal. to contract and at that time it was only $1.499 off the truck so I simply topped off both tanks...500 gal. tank for house and 250 gal. tank for the shop/garage. As you are aware this winter has been dramatically colder than normal thus we have used significantly more propane plus there is somewhat of a propane shortage (real or imagined). I just called to make sure that they filled both tanks before we leave for Florida next week and the current price is a whopping $2.69/gal.! So much for not contracting. :-( This is in SE Iowa where propane is normally reasonably priced. Anyone else have any recent prices? http://usnews.nbcnews.com/_news/2014...nter-woes?lite Very interesting article. I was surprised that only 14 million families across the U.S. use propane to fuel their furnaces, figured it was more than that. Of course living in the boonies you tend to forget that most larger areas have natural gas. Seems high to me. Assume 100M "families" (350M people/3 per). That would be 14% heat with LP. I'm surprised there are that many without other options. From 2000 (couldn't find 2010) the census: "units" Nat LP Elec Oil Coal Wood Other None gas gas US 105K 51.2% 6.5% 30.3% 9.0% 0.1% 1.7% 0.4% 0.7% I'm sure wood has increased since '00, as has gas to a lesser extent (permanent heating plants last longer). Interesting historical info: https://www.census.gov/hhes/www/hous...ric/fuels.html We am definitely going to conserve propane as we turn the thermostats down to around 50 degrees F when we are out of state. Careful about your plumbing. Make sure the cabinets under sinks on exterior walls are open, etc. Thanks for the link. I just happened to have tripped across it earlier today. |
#9
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Propane prices?
IGot2P wrote:
Anyone else have any recent prices? Received a 200 gallon fill yesterday for 2.10/gallon. Same as it has been all season. |
#10
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Propane prices?
Tonight's CBS Evening News had a lead-off story about propane and shortages and prices.
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#11
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Propane prices?
On 1/22/2014 12:14 PM, IGot2P wrote:
I usually contract our heating propane (850 gal.) and have normally came out on top. Well, this past fall they wanted $1.699/gal. to contract and at that time it was only $1.499 off the truck so I simply topped off both tanks...500 gal. tank for house and 250 gal. tank for the shop/garage. As you are aware this winter has been dramatically colder than normal thus we have used significantly more propane plus there is somewhat of a propane shortage (real or imagined). I just called to make sure that they filled both tanks before we leave for Florida next week and the current price is a whopping $2.69/gal.! So much for not contracting. :-( This is in SE Iowa where propane is normally reasonably priced. Anyone else have any recent prices? Well, I got a delivery of approximately 250 gal. and although still quite high it was a pleasant surprise from what the lady on the phone told me. $2.399/gal. or $2.299/gal. with "quick pay" discount which we always do. |
#12
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Propane prices?
"IGot2P" wrote in message
This is in SE Iowa where propane is normally reasonably priced. Anyone else have any recent prices? Yeah. In central Florida, $5.00+ per gallon last time I looked which is several months ago. They screw us here. -- dadiOH ____________________________ Winters getting colder? Tired of the rat race? Taxes out of hand? Maybe just ready for a change? Check it out... http://www.floridaloghouse.net |
#13
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Propane prices?
On 1/23/2014 3:15 PM, dadiOH wrote:
"IGot2P" wrote in message This is in SE Iowa where propane is normally reasonably priced. Anyone else have any recent prices? Yeah. In central Florida, $5.00+ per gallon last time I looked which is several months ago. They screw us here. I thought the US was supposed to have plenty of petroleum resources, of our own. Wonder why we've got a shortage of petroleum? You think someone is not approving permits or building refineries? -- .. Christopher A. Young Learn about Jesus www.lds.org .. |
#14
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Propane prices?
"Stormin Mormon" wrote in message ... On 1/23/2014 3:15 PM, dadiOH wrote: "IGot2P" wrote in message This is in SE Iowa where propane is normally reasonably priced. Anyone else have any recent prices? Yeah. In central Florida, $5.00+ per gallon last time I looked which is several months ago. They screw us here. I thought the US was supposed to have plenty of petroleum resources, of our own. Wonder why we've got a shortage of petroleum? You think someone is not approving permits or building refineries? Frolm what I saw on the news there was a large ammount of corn (think that is correct) and they use propane to dry it or something. Should make them use the eathenol like in the gas for cars. This used a lot of propane, and now the winter is much colder than in the past. Kind of two things comming together and not enough propane has been processed for the needs. .. --- This email is free from viruses and malware because avast! Antivirus protection is active. http://www.avast.com |
#15
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Propane prices?
On 1/23/2014 5:05 PM, Ralph Mowery wrote:
Frolm what I saw on the news there was a large ammount of corn (think that is correct) and they use propane to dry it or something. Should make them use the eathenol like in the gas for cars. This used a lot of propane, and now the winter is much colder than in the past. Kind of two things comming together and not enough propane has been processed for the needs. I have known of farmers to use propane for drying, so that's very possible reason. Thank you, I didn't know that. -- .. Christopher A. Young Learn about Jesus www.lds.org .. |
#16
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Propane prices?
IGot2P wrote:
I usually contract our heating propane (850 gal.) and have normally came out on top. Well, this past fall they wanted $1.699/gal. to contract and at that time it was only $1.499 off the truck so I simply topped off both tanks...500 gal. tank for house and 250 gal. tank for the shop/garage. As you are aware this winter has been dramatically colder than normal thus we have used significantly more propane plus there is somewhat of a propane shortage (real or imagined). I just called to make sure that they filled both tanks before we leave for Florida next week and the current price is a whopping $2.69/gal.! So much for not contracting. :-( This is in SE Iowa where propane is normally reasonably priced. Anyone else have any recent prices? Like Real Estate, with Gasoline, Diesel oil, Fuel Oil, Natural gas, and Electricity, it is 'location, location, location'. For me, my last week propane delivery was $3.949 a gallon. 21.1 gallons came to $64.34. -- Bill In Hamptonburgh, NY In the original Orange County. Est. 1683 To email, remove the double zeros after @ |
#17
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Propane prices?
willshak wrote:
Like Real Estate, with Gasoline, Diesel oil, Fuel Oil, Natural gas, and Electricity, it is 'location, location, location'. For me, my last week propane delivery was $3.949 a gallon. 21.1 gallons came to $64.34. The US Energy Adminstration publishes pricing data. It's useful as a guide but YMMV. Propane has gone through the roof in most parts of the country: http://www.eia.gov/petroleum/heatingoilpropane/ |
#18
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Propane prices?
On 1/24/2014 4:28 PM, Arthur Conan Doyle wrote:
willshak wrote: Like Real Estate, with Gasoline, Diesel oil, Fuel Oil, Natural gas, and Electricity, it is 'location, location, location'. For me, my last week propane delivery was $3.949 a gallon. 21.1 gallons came to $64.34. The US Energy Adminstration publishes pricing data. It's useful as a guide but YMMV. Propane has gone through the roof in most parts of the country: http://www.eia.gov/petroleum/heatingoilpropane/ Thanks for the link, it was appreciated. Don |
#19
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Propane prices?
IGot2P wrote:
Thanks for the link, it was appreciated. You're welcome. There's some really interesting data there. Last week alone, the wholesale price jumped up 40 cents a gallon. There's also a huge spread between wholesale and retail prices, but I haven't dug into it deep enough to see if that's historical or recent. |
#20
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Propane prices?
On Thu, 23 Jan 2014 19:08:08 -0500, Home Guy "Home"@Guy. com wrote:
Stormin Mormon wrote: I thought the US was supposed to have plenty of petroleum resources, of our own. Yea - you think that because of what the nice blonde lady tells you in her TV commercials for the API (American Petroleum Institute). But you didn't listen closely enough. She said that there is lots of oil and natural gas in NORTH America. Meaning USA + Canada. HomoGay is wrong, as usual. The US is the largest supplier of gas and oil to the US. |
#21
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Propane prices?
On Fri, 24 Jan 2014 16:53:48 -0500, willshak
wrote: IGot2P wrote: I usually contract our heating propane (850 gal.) and have normally came out on top. Well, this past fall they wanted $1.699/gal. to contract and at that time it was only $1.499 off the truck so I simply topped off both tanks...500 gal. tank for house and 250 gal. tank for the shop/garage. As you are aware this winter has been dramatically colder than normal thus we have used significantly more propane plus there is somewhat of a propane shortage (real or imagined). I just called to make sure that they filled both tanks before we leave for Florida next week and the current price is a whopping $2.69/gal.! So much for not contracting. :-( This is in SE Iowa where propane is normally reasonably priced. Anyone else have any recent prices? Like Real Estate, with Gasoline, Diesel oil, Fuel Oil, Natural gas, and Electricity, it is 'location, location, location'. For me, my last week propane delivery was $3.949 a gallon. 21.1 gallons came to $64.34. Probably a different price for 200gal than 20gal, too. |
#22
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Propane prices?
On 1/24/2014 5:26 PM, Arthur Conan Doyle wrote:
IGot2P wrote: Thanks for the link, it was appreciated. You're welcome. There's some really interesting data there. Last week alone, the wholesale price jumped up 40 cents a gallon. There's also a huge spread between wholesale and retail prices, but I haven't dug into it deep enough to see if that's historical or recent. Yeah, in the brief time that I looked a the site I noticed the large difference between wholesale and retail price increase. I sure hope that there is not a time lag involved there and we can expect to see the retail prices catch up. Don |
#23
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Propane prices?
IGot2P wrote:
I usually contract our heating propane (850 gal.) and have normally came out on top. Well, this past fall they wanted $1.699/gal. to contract and at that time it was only $1.499 off the truck so I simply topped off both tanks...500 gal. tank for house and 250 gal. tank for the shop/garage. As you are aware this winter has been dramatically colder than normal thus we have used significantly more propane plus there is somewhat of a propane shortage (real or imagined). I just called to make sure that they filled both tanks before we leave for Florida next week and the current price is a whopping $2.69/gal.! So much for not contracting. :-( This is in SE Iowa where propane is normally reasonably priced. Anyone else have any recent prices? All the wood I can burn for the cost of gas and chain lube . Labor's free if you call it "aerobic exercise" and I've lost almost 14 pounds so far . Now to be completely honest , I did do some repairs to a neighbor's 4 wheeler in exchange for a cord of split wood ... OK , talked to a neighbor today that knows someone that was limited in his purchase of LPG due to shortages . Guy was only allowed to purchase a hundred gallons , which will be used in less than a month if recent weather continues . I didn't get a price for this purchase . I just hope my supplier is still at 15 bucks per 20 pounder . We only use it to cook and I have a couple of full tanks on hand , but ... ya never know . -- Snag |
#24
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Propane prices?
On 1/23/14 4:05 PM, Ralph Mowery wrote:
Frolm what I saw on the news there was a large ammount of corn (think that is correct) and they use propane to dry it or something. Should make them use the eathenol like in the gas for cars. This used a lot of propane, and now the winter is much colder than in the past. Kind of two things comming together and not enough propane has been processed for the needs. It looks like a record crop from what I could find. 2009 production was about 13.1 billion bushels compared to last year's production of 13.9 billion bushels. 2012 production was only 10.8 billion bushels due to the drought. It wasn't unusually wet in my area of Nebraska at harvest time. I have no idea what it was like in Illinois or Iowa. A lot of farm houses are heated with propane. Many irrigation power units also use propane where natural gas isn't available. Diesel fuel is usually preferred if commercial electric power isn't available to power the wells. |
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