A Yooper friend of mine posted that propane is up to six bucks a gallon up there. She's got her thermostat down to 65 and the hot water heater turned off. Sounds like price gouging to me. I feel for folks depending on propane.
A Yooper friend of mine posted that propane is up to six bucks a gallon up there. She's got her thermostat down to 65 and the hot water heater turned off. Sounds like price gouging to me. I feel for folks depending on propane.
Yeppers!
Propane is a manufactured gas rated at 90K btu's/gal.
The pipelines used to pump into this country now they have been reversed and pump out. Ain't it grand?
That's been a problem for quite a while now. It's even affecting other states like Alabama and Tennessee. From the LA Times: Propane shortage reaches emergency levelsCurse this Arctic Vortex!... The shortage, industry officials say, is due to a confluence of events: a Midwest pipeline being shut down for maintenance, a high demand for propane last fall to dry a rain-soaked harvest of corn, competition for pipelines and rail cars caused by increased oil and natural gas production — and the extreme cold....
Having lived in a mobile home heated by fuel oil years ago, I can emphasize with the jump in consumption when you have an extended cold snap [[though prices were quite a bit less when I used fuel oil for heating). That being said, the stock market is not rewarding stocks like Suburban Propane for the jump in LPG prices so i am not sure there is price gouging going on. I understand there are pipeline issues and an increase in LPG exports as the reasons for the shortages.
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