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Anyone else experiencing huge propane cost increases?
Is anyone experiencing propane price increases through the roof? I've seen over a 42% increase in price since August 10th.
My supplier says...; "The cost of product has spiked dramatically this winter. The rate of propane has increased .70 cents since 10/11/2011. I can assure you your rate is a very good rate. The state average for usage of 900 gallons for propane is $3.553 a gallon (http://www.nh.gov/oep/)." Any thoughts or comments? Should I be shopping for a new supplier? My current supplier is the most well known propane & oil name in the Northern Lakes Region and beyond. |
We use Our Town Energy, our price was fixed in the fall at $2.365/gal. Used them for a long time, and you don't have to worry about price spikes. $25/year to join, and you are not bound by joining to use their price.
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First year
my girl friend heated with propane. So we don't know. It is still far cheaper than heating with oil.
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Our supplier is Eastern, we haven't heard anything, yet. Just got filled, should last close to a year.
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Heat Rises, And So Does Everything Else...
Heating by oil used to have an BTU/Per gallon advantage over propane.
Nowadays, our suppliers are looking for any excuse to give us Pure'Pain! :( A little off topic,... NO cost of living increase for two years now for 'Social Security recipients, No inflation / they say, and No payback from our Government's / with No interest, on billions of dollars that they borrowed from us /for other reasons, that have payed into it from day One! "Baby, it's Cold Outside". :rolleye1: Back on topic... Yes, I love our Country and am a very proud Veteran! We have some work to do, every day! Please forgive my rant... Terry ________________________________________ PS; Weirs fll when you need him? :) |
I do not have high propane fuel costs and I live in a small place but my monthly budget plan payment was just adjusted up by $20.00 a month. This increase was not part of my annual plan review and payment adjustment so it was a supprise.
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Propane may not be cheaper........
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Insulating an OLD House - Oil Costs. It will show that you have to factor in the relative btu's from Propane to see what is cheaper. My analysis says Propane is more costly than oil for generating the same number of btu's of heat. Food for thought..... |
Does it have anything to do with the unrest in Egypt ?
http://http://economictimes.indiatim...ow/7444406.cms I also hear that food prices will increase :( Which must have to do with the increased cost of trucking food in to the local grocery stores. Colleen |
The price of everything is going up because the government and the federal reserve are debasing our currency to finance the budget shortfall that china doesn't finance. We're adding over a trillion dollars of debt each year to finance a massive and perpetual welfare and warfare state.
In reality the price of everything is actually staying the same, its our money that is losing its purchasing power. |
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All this has been discussed pretty accurately in "The Transition Handbook", a study of how our society will need to find ways to come with reduced energy per capita in the future. The future is now. Though we may still find some new oil fields, for the past forty years we have been discovering less new oil than we are consuming, and most of the new oil fields are VERY HARD to develop (such as the huge Brazilian oil find...100 miles off the coast to Brazil in deep water than makes the Gulf (think BP disaster) look like easy engineering. So, unfortunately, threads like this thread will become increasing common in the future as energy costs continue to rise relative to other costs/inflationary pressures. The best things we can do are A) Reduce overpopulation - put in effect policies that reward a stable population, and penalize population growth; B) Reduce energy usage per capita (which will be happening whether we want it or not, just preparing for it is better that finding ourselves at the cliffs edge); and C) Transitioning to renewable energy - which can be done today - electric or natural gas cars, solar electric and solar hot water homes (mine is totally off grid solar heated by solar hot water and wood), etc. |
Major increases in a barrel of oil driven first by worldwide economic recovery( at least projected) with biggest increases in emerging markets like India and China and recent unrest in Middle east affecting supply. It is a complex problem and speculators are driving prices also based on the above two points Gas will be $4 by May
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An interesting read on the topic above, from Forbes magazine:
http://www.forbes.com/2009/07/24/pea...r=contextstory |
Rymes propane has increased it's price $ 0.80 per gallon in the last 30 days.
What I purchased Jan. 20th for $3.199 is now on Feb. 22nd costing me $3.999 :eek: :( I wonder what it is actually costing them per gallon, were they to buy it today. This is the first year in many that I chose Not to do a prebuy. I could have locked my winter fuel in at $2.699, But Nooooo ! I thought, I'l take my chances on it being a mild winter, how much can the price really change. Boy did that brain fart blow back into my face ! :mad: :fire: |
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The market place is constantly trying to improve and do things better and cheaper. For example look at the technology industry each year electronics get more advanced and prices continue to fall. Look at sectors of the medical industry (the part the government is not involved with like elective cosmetic surgery or some eye surgeries, the price goes down year after year.) When a market is free to innovate the prices will fall just like they should and have done in the price of gas. Sources: http://www1.eere.energy.gov/vehicles...t_fotw364.html http://www.coinflation.com/coins/194...ime-Value.html |
Gas Prices
Based on the Consumer Price Index, 30 cents in 1964 would be worth only $2.10 today. Anyway, the price of gas was still 30 cents per gallon as late as 1968. Bottom line: gas prices are rising faster than other goods, but not all that much different.
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In other words you want to create laws (enforced by government) that would burden families with financial penalties who exceeded the acceptable number of children chosen by the government? I realize your intentions are good but your research about economics, philosophy, politics seems to be heavily weighed in favor of ideas that are completely opposing to the ideas that made this country and state great. A) The overpopulation you speak of wouldn’t be a problem if we removed the incentives to have children. We don’t need to stop people from having children using tyrannical laws; we need to remove safety nets that prevent people from being forced to live within their means. People need to once again have personal responsibility not new laws. B) Yes, we will be forced to reduce our energy consumption because of the outrageous fiscal policies of the government and the federal reserve. Using the most energy in the world doesn’t make us bad and we shouldn’t feel bad for it. Our investment in energy has benefited poorer countries with access to improving technology and cheaper energy. C) People don’t transition to something unless it’s a better/cheaper alternative to what they currently use. I’m sure any boat owners, mechanics, even some environmentalist on this forum would agree that the push for putting ethanol into the fuel supply by the government caused a lot of unintended consequences and was counterproductive to its goal. Since you suggested using the government to enforce a limit on children I assume you would also support them forcing us to use ‘green’ technology even though it is still more expensive in most instances. When green technology advances and the price drops enough or the price of other energy sources goes up enough because of actual supply shortages making the cost of green energy competitive people will do what makes financial sense for them and their families. Your house sounds awesome; did you do anything specific to prevent heat loss with insulation and sealing? Passive homes will eventually be the norm for economic reasons especially in our area. |
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http://www1.eere.energy.gov/vehicles...t_fotw364.html The way they are adjusting for inflation is skewed and still shows gas has actually decreased in price. Compare it to another commodity besides silver to further illustrate my point that it is actually cheaper now if you’d like. |
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Hi Mike M. Not sure what you mean about my statement about overpopulation being offensive. In what way is it offensive? To me, its a pretty clear fact. Now, what I think should be done about it may be offensive (to you), though I don't see why suggesting a solution is OFFENSIVE. Its seems to me it is just different that what you think needs to be done, or not done. As a start, I'd be happy with the first step of not burdening the rest of us with paying for the large families through tax incentives (child deduction, etc.) It seems to me you and I have the same solution (for starters) in mind. I wasn't aware that I advocated anything else. I'd say in the current political climate, many people would say removing the incentives to have more children would be "penalizing" population growth. I do totally disagree with your second statement. "Using the most energy in the world doesn’t make us bad and we shouldn’t feel bad for it." In my opinion, what the US does to the rest of the world in terms of resources is very akin to rape. Its not that we just happen to have a large amount of energy and resources available to us; our military empire supports the extraction of resources around the world. This is not controversial; it just is. "Our investment in energy has benefited poorer countries with access to improving technology and cheaper energy." This is a US Government propaganda statement - if it were true, you'd think the US would be respected and liked around the world. It isn't. Its feared, not respected, by the average person who is aware of the rape of the natural resources from their country. American "exceptionalism" (or nationalism) is just a way we turn a blind eye to any sense of responsibility as leaders of the global community. As to the third statement, you are absolutely right. I do support the government "forcing" citizens to use green energy - how? By removing the subsidies that artificially make non-renewable energy cheaper, and instead offering subsidies that do make it significantly cheaper. As just one example, I personally see the Iraq war as mainly a way to send a message to oil regimes to do business with us on our terms. If you took away that how many trillion dollars, and put it into "green" economy, we would not be facing the catastrophic problems with regard to energy that we are facing. House has ICF's (insulated concrete forms) which prevent heat loss on all but the south side. South side of house is uninsulated (during a sunny day) by covered up nights and cloudy days (move-able insulation). Plus the greenhouse modulates the temperature on the south side, creating an outer layer of insulation. |
Prices have to be adjusted for wage increases.
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Increase in propane price
The original question in this thread was about propane prices. Selkirk, NY, the major terminal for New England petroleum products, was shut down in September 2010, after a leak was found in April 2010. It remained shut down through January 2011 and opened after that. That drove up the price. When propane suppliers were paying $1.40 in August 2010, they were paying $2.30 in January 2011. New Englanders were paying for the shortage and/or increased transportation costs to get product to New Hampshire.
Understand??????? |
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