How to Survive the Midwest Propane Shortage

How to Survive the Midwest Propane Shortage via MoneyNing: As usual, you can blame the Polar Vortex. In this case, it s increasing the demand for propane gas, one of the key sources of heating for thousands of homes and businesses. From the middle of December through January, the price of propane increased by more than $1 per gallon. Even more alarmingly, prices jumped as high as $4-$5 per gallon by the beginning of February. While this phenomenon can be blamed in part on the unexpected demand for heating fuel due to the Polar Vortex, there are actually a few more factors that have influenced propane prices, starting as early as last fall. According to the Vice-President of the National Propane Gas Association, a huge wet grain harvest placed greater demands on propane stores for drying. This depletion, just a few months before an unusually cold winter, had a huge impact on national supplies. Additionally, there have been distribution problems because of maintenance to bad pipelines.
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