Propane shortage

   / Propane shortage #171  
Current propane price here is 4.499.

So....two weeks ago, 2.399, a few days ago 3.749. now 4.499. All up from july-august where it was 1.35
 
   / Propane shortage #172  
here is what Amerigas has to say...

http://www.amerigas.com/pdfs/CEO-Winter-Letter.pdf

If you don't feel like reading it, here are some interesting excerpts...

"In areas of the United States, the Department of Transportation has issued emergency declarations to allow
drivers additional hours on the road to make propane deliveries."

"I would like to assure you that we are the best positioned propane company with more resources and supply
points than any other propane delivery company. "
 
   / Propane shortage #173  
New update on statistics:
"Propane stocks in the Midwest region, plagued by tight supplies and distribution problems, dropped 1.4 million barrels to 8.8 million barrels in the week to Jan. 24, the EIA said.

The drop put stockpiles 50 percent below the level in the same period in 2013, when inventories stood at 17.2 million barrels, according to the EIA. Stocks in the region did not slide below 10 million barrels until the week to March 22 during the 2012-2013 winter heating season.

Midwest propane stocks have tumbled 32 percent since the start of the year, with stocks falling to 8.8 million from 13.1 million over the past four weeks, according to the EIA data."
UPDATE 1-U.S. propane stocks drop, spot Midwest prices rise-EIA | Reuters
 
   / Propane shortage #174  
I wonder if the declared emergency will allow folks to use their wood stoves?

This season there have been over 30 no burn days where I live.
 
   / Propane shortage #175  
I wonder if the declared emergency will allow folks to use their wood stoves?

This season there have been over 30 no burn days where I live.
Probably not you do realize that is what is causing all this global warming!!
 
   / Propane shortage #176  
As far as I can tell the only aspects of the "declared emergency" is that propane truck drivers are no longer subject to various trucking regulations (such as maximum hours of driving...). Otherwise it's mostly public relations so governors can say they are doing something.
 
   / Propane shortage #177  
We got real lucky and got our LP tank filled about a week before the prices jumped. Our winter fill was $2.25/gal. Prices are well over double that in this area. Meanwhile, we're burning as much wood as possible, as well as keeping the electric baseboards running 24/7. We have a goofy system. Our house has been built onto several times over the 100 years since it was built, so it's a mismatch-hodgepodge mess of whatever it takes to keep the old, inefficient place warm.

In the basement, is the original gravity-feed ducted wood furnace, giant and inefficient, but wood is cheap. All the bedrooms have wall mounted electric radiant heaters to take the chill off, although they don't seem to always keep up with the sub-zero temps. Our living and dining rooms have electric baseboard heat which provides the bulk of our fall and spring heat, when the wood is just too hot. To round up the list, we have an LP fireplace in the living room (opposite the baseboard) and an LP wall furnace in the dining room. These are the newest additions to the house, as the electric heat never seemed to warm these two extreme ends of the house.

The point to all this gobbledygook is wood is our cheapest heat, but we need a more even and constant heat source (I can't burn wood when I'm at work), plus parts of the house get cold from the basement furnace. Our next cheapest is electric.... yes, electric! Our electric co-op sells electric heat as "off-peak", that is, cheap rates for excess electricity. In our case, $0.055/kWh. No, that is not a misprint. The catch is during peak times (polar vortexes) they sell the excess electricity (my cheap heat) to customers in other states, so we need a back-up heat source. Enter LP. We live many miles out of town, so no gas lines within miles.

In other words, wood and electric are the cheapest I can get, but LP is still a must.

It's messy, but it works.

Joe
 
   / Propane shortage #178  
they are saying there is no shortage of LP but a shipping issue.
 
   / Propane shortage #179  
At $0.055/kWh sounds like the prices my sister pays in richland wa next door to the hdyro dam! Boy i'd make everything electric with those prices, even my car, maybe not my truck or tractor though:)
 
   / Propane shortage
  • Thread Starter
#180  
I saw a quote in some article about a large amount of propane being exported in Sept/Oct right before the peak heating season.

In my experience and some of the comments I have seen here the propane industry could use a little scrutiny.... maybe this will help them clean up their act a little bit.
 

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