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U.S. propane shortage deepens as cold snap reaches Midwest
Reuters ^ | Tue Jan 21, 2014 2:14pm EST | By Sabina Zawadzki

Posted on 01/23/2014 9:57:57 AM PST by topher

(Reuters) - U.S. Midwestern states are scrambling to address a deepening shortage of the home-heating fuel propane just as another cold snap envelops the region, threatening to strain supplies that are already at historic lows.

Demand has been boosted by the combination of record freezing weather at the start of this year and a late, wet, record corn harvest last October and November, when large quantities of propane were used to dry out crops. Propane stocks have been drained and prices in the region are the highest since at least 1990.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Extended News; News/Current Events
KEYWORDS: gas; naturalgas; oil; propane
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To: folkquest

Last delivery I had was $4.15 a gallon in Eastern NH. Many of the people in my area are deep into wood and pellet stoves.

My heating bill with pellets will be $850 as opposed to about $3800 with propane, don’t know if the furnace works anymore haven’t used it in 4 years.


81 posted on 01/24/2014 10:05:49 AM PST by Little Bill
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To: Little Bill

Wow. $4.15... That’s steep! I’ll count my blessings and hope that global warming makes a quick reappearance! Stay warm up there! By the way, pellet stoves are awesome!


82 posted on 01/24/2014 10:39:26 AM PST by folkquest (I plan on being cranky for the next 4 years. Hope to crack a political smile at the midterms!)
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To: folkquest

If you got one look into a hopper extender they work well.


83 posted on 01/24/2014 11:38:13 AM PST by Little Bill
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To: topher

Thanks!


84 posted on 01/24/2014 6:58:16 PM PST by thackney (life is fragile, handle with prayer)
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