Anyone else experiencing huge propane cost increases?

[Mike M.]

Originally Posted by Shedwannabe

No. What you say may be happening, but the price of everything is not actually staying the same. Fossil fuels prices (oil, gas, coal, etc.) are experiencing increasing stress because demand is increasing relative to supply, due to three major factors - 1) Overpopulation (earth is way above its carrying capacity for humans); 2) Intensive Energy Use (the US wastes energy more than most countries because of our lifestyles); and 3) Decreasing supplies of Fossil fuels (we are running out of cheap fossil fuels, or at least several types of them)

A gallon of gas in 1964 cost .30 cents per gallon. The price of gas today is actually cheaper. (Even with us reaching “peak oil” and other countries increasing their demand.) The average price of gas is $3.17 a gallon as of today. Today those same 3 dimes you could have purchased gas with in 1964 are worth $6.90. Because of their silver content they would purchase 2.17 gallons of gas today. Try comparing the price of gas to other commodities and you’ll find that it is actually cheaper than it was.

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