Warning

 

Close

Confirm Action

Are you sure you wish to do this?

Confirm Cancel
PSA
Member Login

Posted: 1/27/2014 6:49:09 AM EDT
saw the thread the other day about people buying

post up the price you have seen/paid in the past week...

interesting.
Link Posted: 1/27/2014 6:56:59 AM EDT
[Last Edit: 1/27/2014 6:58:12 AM EDT by supermo]
I literally just got of the phone from my gas supplier...$3.68 commercial price! OMG!!! That is crazy!! Minimum they will deliver is 150 gallons. That is $552.00.
Link Posted: 1/27/2014 7:00:37 AM EDT
I heard something about we had a surplus so we shipped some over seas. Now we are short and cold winter and WE are really paying for it!!
Link Posted: 1/27/2014 7:08:35 AM EDT
[Last Edit: 1/27/2014 7:09:06 AM EDT by drkddl]
Natural gas Feb futures price is $5.05+. Buying propane in the middle of the highest natural gas prices in 5 years is not going to be pleasant for you guys.
Link Posted: 1/27/2014 7:12:56 AM EDT
FFFFFFFFFFUUUUUUUUUUUUU!!!!!!!!!!!!!!!!!
Link Posted: 1/27/2014 7:18:16 AM EDT
Parts of the upper midwest are allowing drivers to pull around 70 hour weeks right now to get it to market.


You can thank obama and warren buffet for that. These prices wouldn't be near there if they could cheaply transport it on rail ways. But that is only for oil now.
Link Posted: 1/27/2014 7:28:36 AM EDT
Yes, the DOT limitations in Iowa for haulers of LP have been raised significantly.

We went right from a VERY wet harvest year (lots of grain dryers run on LP) right into a very, very cold winter. We were having LP supply problems in October. First to run dry was Minn, they pulled LP from Iowa, which then went dry and we were pulling from Nebraska.

All of the Midwest has been seeing wind chill temps in the -30's and have been below freezing since the beginning of December.

So, the two biggest uses had big years for LP. There is also some players on the trading side of things that messed with supply, but they're a smaller factor that someone else will know more about.
Link Posted: 1/27/2014 7:32:24 AM EDT
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By drkddl:
Natural gas Feb futures price is $5.05+. Buying propane in the middle of the highest natural gas prices in 5 years is not going to be pleasant for you guys.
View Quote


Considering the vast amounts of NG that have been drilled/pumped in the last few years, that price is wakadoodle.

I guess we're exporting virtually all of the new NG somehow.  I guess drill baby drill doesn't help us out much at all.
Link Posted: 1/27/2014 7:39:53 AM EDT
Link Posted: 1/27/2014 8:01:18 AM EDT
So I just found out that my $3.68 price for LP is lowest in our area so I bought 200 gallons. Others are near $5.00. Damn!
Link Posted: 1/27/2014 8:03:04 AM EDT
I own my own tank, and just got a card for 1.99 gal fill.
Link Posted: 1/27/2014 9:14:34 AM EDT
My brother filled at $1.94/gallon last week and now today it is $5.35/gallon.  OUCH!
Link Posted: 1/27/2014 9:38:06 AM EDT
$2.79 last Thursday.
Top Top