Surprising Propane fill up today

[twodogs02]

Got home today and had that dreaded trip ticket from my propane supplier hanging on the door. Slowly opened the envelope:

286.2 gallons
Price/gallon $1.57. [emoji2]

I was planning on getting 1 more ton of barefoot pellets but that bill makes me rethink that decision.

 

[Z33]

Burn the pellets while they are cheap and save the gas for when you are out of town.

Give it six months, I bet you wont see that price for propane again anytime soon.

 

[Pelleting In NJ]

I was just charged $4.55 per gallon.....they reduced it to a bargain $3.80 a gallon after my irate phone call.....

 

[Chitownhillbilly]

I was just charged $4.55 per gallon.....they reduced it to a bargain $3.80 a gallon after my irate phone call.....

Not sure where the OP is located, but Most of the Midwest is under $1.80 right now, most of the East coast is over $3...

 

[Bioburner]

I was just charged $4.55 per gallon.....they reduced it to a bargain $3.80 a gallon after my irate phone call.....

That's about what they charge here for propain tank exchange.

 

[twodogs02]

Update NY, Syracuse area. Part of Lake to Lake energy co-op. Have burned 36 bags so far, 21 shoulder bags and 15 super premium bags.

Home is 2600 sq ft with stove on south side bedrooms on north. I keep the temperature on the south side at 75 degrees which keeps the north right around 69 degrees.

 

[dja950]

Update NY, Syracuse area. Part of Lake to Lake energy co-op.

I'm in the Syracuse area too, I wish I could pay that for propane. I'm afraid to even call E&V to see what the price a gallon is.

 

[Dgopetactical]

My mother in-law filled her LP tanks today 1.99 a gallon, heard a ad on the radio today for fuel oil at $2.30 a gallon 100 gal minimum. All pellet prices are up $50 plus a ton, the savings margin in getting tight. Time to rethink things. We are east coast.
Denny

 

[xSpecBx]

So fill up now cause oil/propane probably won't be cheap in January and if it is I won't get another 2 tons of pellets

 

[Dgopetactical]

So fill up now cause oil/propane probably won't be cheap in January and if it is I won't get another 2 tons of pellets

X2!

 

[Mt Bob]

If propane was that cheap here,would not fire up pellet stove.But got 4 tons,and full tank(1.89) so good for a year.

 

[canuck_22]

meh...propane or oil here usually means a contract, no thanks. This will be short lived.

 

[Harman Lover 007]

The more of you that go back to oil and propane the better.....that will leave more pellets for the rest of us!

 

[jfunk138]

So fill up now cause oil/propane probably won't be cheap in January and if it is I won't get another 2 tons of pellets

All signs are pointing to oil/propane going lower before it goes higher. There's a healthy amount of backwardation in the 2015 futures market right now. You have to look to 2016 to see any contango effects.

 

[moey]

meh...propane or oil here usually means a contract, no thanks. This will be short lived.

propane more so at least around me you can call just about any oil company and they will deliver cash on the spot.

 

[shawnfire]

1.89 in mi for propane filed up 2 mnths ago still have 70%...... rather buy another ton of pellets then propane

 

[acammer]

Update NY, Syracuse area. Part of Lake to Lake energy co-op. Have burned 36 bags so far, 21 shoulder bags and 15 super premium bags.

Home is 2600 sq ft with stove on south side bedrooms on north. I keep the temperature on the south side at 75 degrees which keeps the north right around 69 degrees.

Can you PM me some details about who your supplier is? E&V just filled me up, at $2.49/gal on propane - I'm right in the Syracuse area too and I think I've been robbed!

 

[OhioBurner©]

Not sure where the OP is located, but Most of the Midwest is under $1.80 right now, most of the East coast is over $3...

I called 2 weeks ago when I started hearing people were actually paying under $2/gal on here. No such luck, 2.19 / gal for >150gal will-call. I asked if it was still dropping since oil was still coming down, they said its already going back up (10 cent increase a few weeks ago). I said no thanks.

 

[UpStateNY]

I was just charged $4.55 per gallon.....they reduced it to a bargain $3.80 a gallon after my irate phone call.....

NJ you must not have the right family connections, if you know what I mean . Seriously I would shop around.

 

[xSpecBx]

All signs are pointing to oil/propane going lower before it goes higher. There's a healthy amount of backwardation in the 2015 futures market right now. You have to look to 2016 to see any contango effects.

I fully understand your point. Right now im burning pellets over night and using oil during the day when no one is home. I only ha e about half of what I need for pellets to get through the winter. If oil continues to stay low than instead of restocking pellets I will just use oil. Problem is oil is very volatile. I'd rather not be using oil with the hopes that it will still be cheap in january.

 

[canuck_22]

If oil and propane goes and stays down then pellets will have to go down, works for me