Propane Prices

[Dr Dave]

Dont wait to long, gas is going up, $3.15 before the 4th of july, went up .15 this week to 3.69, on the news tonight they said to expect .25 in the next 2 weeks, do to oil refinery fire. Propane prices will follow!

 

[BMod]

Dont wait to long, gas is going up, $3.15 before the 4th of july, went up .15 this week to 3.69, on the news tonight they said to expect .25 in the next 2 weeks, do to oil refinery fire. Propane prices will follow!

You have cheap gas, ours is $3.85 to $3.89.

 

[Dr Dave]

Checked today, propane is $1.18 per gal. I have been contemplating a heat pump, what to do what to do?

 

[Domush]

Checked today, propane is $1.18 per gal. I have been contemplating a heat pump, what to do what to do?

Be careful about a heat pump as your only heat source. If the temp drops below 20 F at any point it essentially stops working. Most heat pumps have a heat element inside to cope with those days, but expect your electric bill to skyrocket big time if that ever turns on (they run 15 kw/h or more).

Something I wish I knew when I bought my last house with only a heat pump.

Sent from my SCH-I500 using TractorByNet

 

[tcartwri]

Are you sure you guys are comparing apples to apples? Some are quoting $/pound, other are $/gallon. I've never seen propane sold by the gallon, so I'm wondering if that's what the discrepancy is in the prices.

 

[Domush]

Here all prices are per gallon. I can't imagine paying $1.49 (or even $.90) per pound, seeing as there are ~4.2 pounds per gallon at 70F.

 

[Dr Dave]

Maybe a hybread with propane backup.

Dave

 

[LD1]

Here all prices are per gallon. I can't imagine paying $1.49 (or even $.90) per pound, seeing as there are ~4.2 pounds per gallon at 70F.

:thumbsup:

yep, down here all residetial propane is by the gallon and Nat. gas is per 100/cf.

I think to only propane sold by the pound is stuff like grill tanks and rv tanks.

 

[MtHam]

We have formed a co-op of about 45 property owners to negotiate a contract price for propane. One local company has offered a price of $.75/gallon above the current wholesale price, which they quoted today as $.75, making the delivered price $1.50. Since the wholesale price fluctuates daily, we would like to finds some independent information source as to what that price really is. Does anyone know where to find that information? I realize it will vary by location, but there must be some source other than the propane supplier.

 

[wjmst]

Here is a website that I have used to gauge the prices. Note it is only operational during the heating season.

Heating Oil and Propane Update - Energy Information Administration