cost of propane

[carellama]

I am in the process of signing my new contract for propane for the coming year. What do you think the price will do? Any speculators?

[Jim-mi]

. . .Price for the coming year????????????????????????

Have you considered getting your own tank ?
This lets 'shop around' for the best price.
I myself would not even consider signing this early and with 'one' company.

[Kiamichi Kid]

I think the price will continue to rise...

[Old Vet]

Why sign a contract? Unless you are burning over 2,000 gallons per year I would not sign a contract. What are you using it for Farm or poultry house or commercial process. How much would it cost you if you shopped around for propane if you own your tank? As a residential user it would not be a good thing to sign any contract that make you buy all your propane at one price and you must buy it no matter how much you use. In other words it is in th interest of the propane company to sell it to you now no matter if you can hold it or not and keep the change if you can't hole it. Around here you only sign a contract by October for the winter and I have seen a lot of people that lost money buying too much and not be able to hole the amount and the propane company keeps what is left over.

[Stephen in SOKY]

I note you're also from KY. It must be a regional deal here, I can't find a tank for sale anywhere. All rentals. Won't even discuss selling one. I'm envious of all you who can just go out and buy one.

[Windy in Kansas]

After reading a recent news article telling that natural gas prices will be down by as much as 75% I sure wouldn't want to be in a contract for LPG.

In order to make an educated decision you should check the LPG futures market charts and see what the trend has been.

Here is a link to the news story I refer to. Link will only be good a few days.
http://www.hutchnews.com/Todaystop/n...04-10T20-56-58

[carellama]

Originally Posted by Stephen in SOKY

I note you're also from KY. It must be a regional deal here, I can't find a tank for sale anywhere. All rentals. Won't even discuss selling one. I'm envious of all you who can just go out and buy one.

Yes-Kentucky plays by different rules. You buy a tank and when you call for prices you get the higher price if not a current customer. The sad thing is that it works here. I moved here from Iowa in 1999 where you could shop around but businesses band together here and you get to play by their rules. This is the only contract option that I have. I could change companies but then have to pay to remove my tank and pay again to set a new one with a new company and pay a yearly fee besides. I purchase around 280 gallons a year and heat with wood also. So what do you think. Will the price go up or down? Val

[Helena]

Ou bill this week just for using for hot water is $2.19 ..not cheap here in upstate PA.

[Stephen in SOKY]

If that's all you use, I'd seriously consider two 100 pound tanks on an auto switch regulator. When ones empty, refill the other. You can either carry them in yourself or call around for he best price for on site refill. That small quantity wouldn't be high on the refill list, but most suppliers will be in your neighborhood weekly regardless. Personally, I always refill on the summer low, then I never contract for the rest of the year. Especially this year.

[7thswan]

BO wants the gasoline price up as high as possible. So I would guess propane will go up also.