Anyone else experiencing huge propane cost increases?

phoenix · 02-22-2011, 11:31 AM

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

Dr. Green · 02-22-2011, 11:45 AM

An interesting read on the topic above, from Forbes magazine:
http://www.forbes.com/2009/07/24/pea...r=contextstory

MarkinNH · 02-22-2011, 02:55 PM

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

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 !

02-22-2011, 11:31 AM	#1
phoenix Senior Member Join Date: Apr 2004 Location: phoenix and moultonboro Posts: 1,592 Thanks: 65 Thanked 288 Times in 204 Posts	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 __________________ it's tough to make predictions specially about the future

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02-22-2011, 11:45 AM	#2
Dr. Green Member Join Date: Mar 2009 Posts: 38 Thanks: 0 Thanked 3 Times in 3 Posts	An interesting read on the topic above, from Forbes magazine: http://www.forbes.com/2009/07/24/pea...r=contextstory

02-22-2011, 02:55 PM	#3
MarkinNH Senior Member Join Date: Mar 2010 Posts: 392 Thanks: 177 Thanked 146 Times in 76 Posts	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 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 !