Propane prices increase

by Donny on December 15, 2010

Anybody that has ever watched the show King of the Hill knows what Hank Hill does for a living; he sells propane and propane accessories.

Hank always says things like; “taste the meat, not the heat,” and “propane is God’s gas.”

When you think about it, it’s easy to understand why he loves propane so much. It has so many different uses.

You can use it to heat your home, your pool or hot tub. It’s most often known for a source for barbeque and other forms of cooking, so there are many uses for it.

If you do use it for something like this, it means using less electricity, and having a cheaper electricity bill.

However, there is a major downside; the price.

With such a high demand for gas and oil, and the tough economic times we’re currently experiencing, propane has increased significantly.

Nearly 60 percent of our propane production comes from the crude oil refinery process which boosts up the rates all the more.

More and more people buy and use propane during winter months to stay warm as the costs continue to increase.

Other factors contributing to the high propane factors include the prices of other gas and competitors in each market, the distance the propane has to travel to get to the customer, and the amount of propane the customers use.

As last week, propane increased to about $2.60 a gallon, which is a 26 cent increase from the same time last year.

Propane is convenient but it may or may not be the best solution in your situation.

It’s best to check out the different rates in your area and find out if it would be doable with your energy bill.

If you’re in the market for a new electricity supplier, you can shop, compare, and choose a rate that fits you best.

Just type your zip code into our compare box and see the rates offered by different companies near you. If you have any further questions, comments or concerns about your energy, just give us a call at 1-800-971-4020, and one of our consultants will be happy to give you a hand.

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