To: thackney
Mike Casteel, director of fleet procurement for UPS, says the company expects to pay $1.25 to $1.50 per gallon less for propane than for gasoline. A gallon of propane will only take a truck about 75 percent to 90 percent as far as a gallon of gasoline, but the savings still can amount to $1 per gallon or more. He also said the company believes growing domestic energy supplies will keep long-term propane prices stable. Uh huh. Till his company raises the demand and propane, which is already high, goes higher. I'm paying $2.70 a gallon for heating my home. I'm lucky I got a contract but I can tell you that my gas co. will NOT see a loss for next year. I bet my next contract offer will close to $3/gallon.
4 posted on
03/17/2014 4:50:09 AM PDT by
raybbr
(Obamacare needs a death panel.)
To: raybbr
I believe a greater demand for propane will ultimately result in more steady pricing. Currently the US produces more propane than we use domestically.
The “wet” Natural Gas shale production contains significant propane and other natural gas liquids. Exports of LNG (pure methane) would lead to increased production from these fields and result in more propane production domestically.
6 posted on
03/17/2014 4:54:31 AM PDT by
thackney
(life is fragile, handle with prayer)
To: raybbr
I'm paying $2.70 a gallon(propane) for heating my home.Lucky you. I just paid $7/gal in central Fla. (Suburban)
25 posted on
03/17/2014 8:11:52 AM PDT by
Dedbone
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