Propane, the ubiquitous fuel that can be found just about anywhere, has been one of those fuels that slips under the energy market radar when everybody is talking about crude oil. Crude price per barrel continues to slide south as oil producers ignore the glut and keep on pumping. Propane is a refined product that is delivered to many rural customers throughout the USA. Even urban home owners use propane for their grilling operations on the deck and in backyards. So, when the price drops as it has recently, homeowners take note.
As of today, the retail price for a gallon of liquid propane is $0.335/gallon. So, how much are you paying, Bunky, for your supplier to deliver to your tank a 2-3 months supply? How much? $3.50/gal? $3.00/gal? Less? Hmmmm.
It's time to shop around again, bargain with the in house sales force, rejecting their 1st offer. Yes, it's winter, but the hell with that. The real market sets the price. Negotiate downward.
Be bold. Be warm. Stock up, fill the tank.
Update
Friday's market took a sharp decline across the board. Propane prices dropped 10% to $0.30/gal.
That price is lower than it has been in years. Buy now, but negotiate.
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