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To: thackney
I know the prices vary wildly at the retail level, even in my area of MI.

My current supplier said the true wholesale to the distributors is about .70-.80 cents a gal.

I didn't look up the NYSE traded price, but I think the current traded price is less than last years and that was in the .70 cent range.

79 posted on 08/27/2012 9:30:03 AM PDT by Beagle8U (Free Republic -- One stop shopping ....... It's the Conservative Super WalMart for news .)
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To: Beagle8U
There is a bigger swing in prices than I was first aware of by location.

The NYSE doesn't trade propane futures but does trade the spot (immediate delivery) price.

http://online.wsj.com/mdc/public/page/2_3023-cashprices.html?mod=topnav_2_3028

Today it is $0.818 Propane that is delivered to Mont Belvieu, Texas. A year ago it was $1.5369.

Mid March, to compare to the other prices I listed before, it was $1.2375

http://online.wsj.com/mdc/public/page/2_3023-cashprices-20120315.html?mod=mdc_pastcalendar

We have a lot of supply here in the Gulf Coast, but we have a lot of demand as well. Propane is also used for feedstock to some of the chemical industry.

You definitely live in an area of cheaper propane.

81 posted on 08/27/2012 10:24:10 AM PDT by thackney (life is fragile, handle with prayer)
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