Saturday, January 25, 2014
Why is Propane Price Higher?
The short answer is that we have had a lot of cold weather, and supplies are falling short of demand. A more complete answer is that we went into winter this year with much lower stocks of propane than usual-- because more had already been used up for grain drying than usual. This was true because, since the corn had been planted late, the point in the life cycle of the plants where the grain is ripe and the plant starts to dry down did not occur until well after the hot, dry days of late summer were past. The reason that the corn had been planted late is that in 2013, we had a very, very wet spring. So, a wet spring one year equals high propane price the following winter. For a better perspective , see The Cat's earlier post: Do We Eat Petroleum?
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Howdy Cat, the export of LP needs to stop and we will have a much kinder price. nationalize energy is the only solution.
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