[painter]

It is great having at least two people (you and Smoking Joe)in the oil business here.

With the glut of Natural gas out there shouldn't the price of propane go down?

[thackney]

It is great having at least two people (you and Smoking Joe)in the oil business here.

There are several others. I am just a serial poster, mostly of cut-and-paste variety.

With the glut of Natural gas out there shouldn't the price of propane go down?

Propane isn't methane. And the relative high price of propane and other natural gas liquids is part of what is driving the "glut" of natural gas.

Many companies are going after the natural gas liquids from "wet" shale gas fields. They develop the field and build gas processing plants to recover the natural gas liquids. A lot of that is happening in Southern Texas. The Natural Gas is almost a byproduct at this point. But the low price will drive more consumption and eventually bring that price back up.