LP prices?

[gstrom99]

I'm on a "keep full" contract. It's been pretty cold here, and I'm enjoying using my wood stove. I don't run the stove all day, and usually start it about 4pm. It keeps the funace from running, until sometime in the early morning hours.

They came out yesterday and pumped in 150 gallons. $1.89/gal.

What prices are you all paying?

 

[Doofy]

$4.10 a couple months ago.

 

[gasman1075]

I'm on a "keep full" contract. It's been pretty cold here, and I'm enjoying using my wood stove. I don't run the stove all day, and usually start it about 4pm. It keeps the funace from running, until sometime in the early morning hours.

They came out yesterday and pumped in 150 gallons. $1.89/gal.

What prices are you all paying?

1.89 is great price. Closer to 3-3.25 on the East coast

 

[deserteagle71]

Why I refuse to use a "keep full" contract. I have a big propane tank that needs filled only once a year. In July-August price is ~ $2 a gallon. In January it is $4 a gallon and above. Guess when the propane company will come to fill the tank? They did that to me for only a couple of years before I stopped it.

I call every August and have them fill it.

 

[Spanky100]

I'm on a "keep full" contract. It's been pretty cold here, and I'm enjoying using my wood stove. I don't run the stove all day, and usually start it about 4pm. It keeps the funace from running, until sometime in the early morning hours.

They came out yesterday and pumped in 150 gallons. $1.89/gal.

What prices are you all paying?

On 27DE21 son had 398 gallons added to his LP tank at 1.89USD per gallon. He owns the tank so not sure if that influences the price per gallon. He calls each time he wants added LP and they come next business day (M-F). Location is eastern side of Michigan's Upper Peninsula

 

[Carl_NH]

1/20/22 its $3.50 gallon heating oil, and $3.60 gallon Propane - pricey here!

I pre buy oil every year - this year locked in at $2.50 - we only pre buy 500 gallons we use about 510 to 550 a year for heat and DHW.

 

[coldsteelva]

I pay a pre-set contract price every September for X gallons delivered over the contract (price-protected) period. This past September the price was 2.19/gal tax included. I own my 500 gallon tank and purchased 600 gallons. They filled in November, should be back around February and then at the end of heating season.

 

[ponytug]

Here are the prices over the last year to our propane buyers group. Open market prices are $1-$2/gal higher. Once we had about a dozen homes signed up, all of the local companies realized that a) they had an opportunity to cut costs by sending a full truck out to fill everyone that they could, and b) that they would lose customers if they didn't discount the price. IIRC, it took about a month for the propane suppliers to get serious, and the discount has held pretty steady since 1994.

All the best,

Peter

 

[ericm979]

Before we signed up with SPUG (see Peter's link) we used a deal that the propane provider had: we'd sign up for a year and they'd set a fixed price for that year. Sometimes the spot price would drop below that level but often it was above. The propane company got the benefit of consistent customers which was worth losing a little off the spot price. And they probably bought futures contracts anyhow. It was a little different than @coldsteelva's deal in that it wasn't limited to a certain number of gallons. But it probably was limited to people who rented tanks from that company.

 

[ljjhouser]

I bought 240 gal last October. Cost $1.90 a gal. I watch what I burn closely. Usually, if I can go into March with 30%, then I can go until October and refill again for the winter. I have a 500 gal. The lp companies do not like it if you use a very large tank (1000) and only fill ever couple of years. Most lp companies have been bought out by larger companies who seem to make all kind of rules that seem a little foolish. I own my tank, so I can buy from any company. A lease on a tank here is VERY CHEAP. Something like $6 a month. But they only they can fill it. And they will fill it when they choose, regardless of the price. And there will be a yearly use minium - and if you don't use the amount, you will be billed for the gas you did not use anyway.