Propane Prices

[Iowa Fox]

A couple weeks ago our propane supplier called to see if we needed any as he was going to be in the area at $1.99 a gallon. I checked the tank and didn't need any so I told him next trip when he is in the area which is about two weeks. Today I called him and told him I'm ready but the price today is $3.59. Holy Smokes!!! One of the ladies said their supplier is at $3.97. The news is saying these price spikes happened in the last 24hr. Right now its 30 below with the wind chill. Thank goodness I've got enough wood piled up at the house to last to the end of February.

How are prices in the rest of the country?

[grumman581]

http://www.eia.gov/dnav/pet/hist/Lea..._Y44MB_DPG&f=D

http://journalstar.com/business/agri...21f88947b.html

Glad I have natural gas service ... and live in a place so warm that the temperature inside a non-heated house never gets below 60F anyway.

[s mac]

A friend of mine raises chicken commercialy told me propane went up .50 last week, another $1.50 yesterday. Wow, hard for him to make a living like that. I also heard we're selling it to China. That helps.

[cali4088]

your price is a direct effect of supply and demand. Especially in cold weather areas of the country at this moment if time. I paid around 2.50 in WA state a week or two ago

[cali4088]

BTW, check craigslist to see if anyone in your area is selling their barbque pit. Maybe their propane tank still has some left in it. They might sell you just the tank and not the bbq for 10 bucks or less. Worth a try. Regards, David

[Jailer]

Be glad you can order what you need. They are rationing it around these parts due to a propane shortage.

[Hardcast416taylor]

BTW, check craigslist to see if anyone in your area is selling their barbque pit. Maybe their propane tank still has some left in it. They might sell you just the tank and not the bbq for 10 bucks or less. Worth a try. Regards, David

This is ALMOST funny.Robert

[starmac]

Just ALMOST???

[dagger dog]

$3.79 gal. here. South Central Indiana, about as south as 5 miles north of the Ohio River.

[rockrat]

Don't know what it is and not to sounds like a jerk, don't care. Our propane place has a pre-buy for the winter and I bought 600 gallons, so it doesn't matter what the price is right now, mine is already paid for at the cheaper price.

For those of you that need it now, man, I feel for you.

[dragon813gt]

Is it bad that I question any shortage? Could this be a ploy to raise prices and maximize profits? I really hate being this cynical. And it's pretty convenient that it coincides w/ the arctic temps that are here.

[oneokie]

http://www.eia.gov/dnav/pet/hist/Lea..._Y44MB_DPG&f=D

http://journalstar.com/business/agri...21f88947b.html

Glad I have natural gas service ... and live in a place so warm that the temperature inside a non-heated house never gets below 60F anyway.

You may want to check NG prices. Reports in some places say it has jumped to more than $8 per thousand cu. ft.

[cali4088]

This is ALMOST funny.Robert

Considering i got half a tank on a 20lb and the same with a 15 lb one, it was pretty funny as I walked away with 2 propane tanks and 5 lbs of propane for 20 bucks! i was laughing at the money i saved. Even laughed a little as i melted my lead a few hours later

[Blanket]

My supplier said his cost went to over 4 which means it will be close to 5 delivered, glad I bought in August at 1.46. Limited to 200 gallons also. Nice to heat with wood though. It's -1 without the wind right now Russ

[Doc_Stihl]

My propane company has been filling our tank every 3 months for 9 years. They just came around and filled us up in December, came by again last week to put another 22 gallons in at over $4 a gallon. And hit us with delivery charges for another $20. I think I'll be finding another company in the spring. Pushing out as much as they can while the price is high.

[dragon813gt]

You may want to check NG prices. Reports in some places say it has jumped to more than $8 per thousand cu. ft.

Where is that at? It's not trading anywhere close to that level? Here is this weeks update: http://www.eia.gov/naturalgas/weekly/

W/ the amount of natural gas we produce there should be no shortage. I guess the issue is storage at this point. Prices don't change quickly w/ NG which is a good thing. I'm still paying 50% less per CCF then I was in 2006.

[sparky45]

your price is a direct effect of supply and demand. Especially in cold weather areas of the country at this moment if time. I paid around 2.50 in WA state a week or two ago

Not exactly right, there is also a Propane shortage.

[osteodoc08]

$2.99 a gallon in NW GA at Tractor Supply. I have a small 100# cylinder i lug over there to run our ventfree fireplace in the living room. At full blast it will last about 7 days. It keeps the living area and upstairs nice and toasty.

I filled it up a few months ago before "cold" season got here and it was $2.39 a gallon if memory serves me well.

[dragon813gt]

Not exactly right, there is also a Propane shortage.

Is there? Who says there is a shortage? I doubt everything anymore and it's really no fun

[km101]

Here in N. Texas the price is $3.00 a gallon delivered with a 150 gal. minimum. Up from $2.16 a gallon a couple of months ago.

And this is not even cold country!