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Does low energy prices have any effect on local propane cost?
Posted on 12/21/15 at 4:02 pm
Posted on 12/21/15 at 4:02 pm
20lb cylinder refills are the same price here than what they were last year. I don't know how Propane is produced, but I assumed low crude and nat gas would at least have some effect.
2
Posted on 12/21/15 at 4:18 pm to TigerTatorTots
It should...
I recently paid $15.99 for a 15 lb refill at Home Depot - this equates to $190 / bbl versus current US gulf coast propane price of about $17 / bbl or breakeven fuel cost of about $10 / bbl. Makes me want to pay for that extra natural gas connection for my grill after all.
I recently paid $15.99 for a 15 lb refill at Home Depot - this equates to $190 / bbl versus current US gulf coast propane price of about $17 / bbl or breakeven fuel cost of about $10 / bbl. Makes me want to pay for that extra natural gas connection for my grill after all.
Posted on 12/21/15 at 4:24 pm to TigerTatorTots
I never pay attention to prices for groceries and propane for my grill.
I should probably start doing that.
I should probably start doing that.
This post was edited on 12/21/15 at 4:24 pm
Posted on 12/21/15 at 5:31 pm to Teddy Ruxpin
They do not. Propane prices have declined significantly, but the wholesale propane companies benefit from it, not the local consumer. Those prices are pretty inelastic.
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