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Default 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?



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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.
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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
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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! :-)




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Default 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
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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. ;-)
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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.
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Default 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.
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Tonight's CBS Evening News had a lead-off story about propane and shortages and prices.


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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.





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"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


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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?

--
..
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Learn about Jesus
www.lds.org
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"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.


..



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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
..


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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 @
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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/

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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

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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.
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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.


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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.
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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

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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


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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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