LP price

Joined
Apr 9, 2006
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Wi USA
in the for what it's worth category , I just called my LP provider to see what prices are , found out they just started their summer fill and IF I purchased over 500 gal. and paid cash ( paid in 15 days ) I could get it for 1.99 gal , the gal I talked too said they expect the price to go higher this summer , so if i could, now was the time to fill up , which is what I'm going to do , I use about 1000 gallons a year so 2 500 gal. tanks will get me most of the way thro to next spring
 
Smart move. I expect it to be above $2.50 by the end of the summer, if not closer to $3.00
 
I am waiting for our "pre-buy" contract to come out for this fall. last year I was locked in at $1.34. that number will be wishful thinking for this year
 
I asked her about waiting, she said she didn't think that would be a wise thing to do as she thinks the price will be quite abit more by the time the pre-pay is available
 
"I asked her about waiting, she said she didn't think that would be a wise thing to do as she thinks the price will be quite abit more by the time the pre-pay is available"
Well, of course that would be the business answer. Sell what you have on hand and keep only the minimum supply over the summer--that's a 'no brainer'.
 
Wood stove in the basement works great for me. I load six cords in the basement and
feed the stove all winter. Keeps the house nice and toasty! ps
 
"I asked her about waiting, she said she didn't think that would be a wise thing to do as she thinks the price will be quite abit more by the time the pre-pay is available"
Well, of course that would be the business answer. Sell what you have on hand and keep only the minimum supply over the summer--that's a 'no brainer'.
on the other hand she could have said > oh no wait, it's always cheaper in mid summer and then if it's up a buck a gallon or more, then what ?
 
Out LP provider called and offered me a deal in April at 2.70 a gallon. I usually shop in the summer months, but may have out smarted myself, we will see. I use about 700 gallons a year, and am down about 500 gal at present, benefits of spray foam insulation. I still have a 1k gal tank in reserve. A friend suggested owning your own tanks with a 1 year use reserve and it has been good advice. I buy from the cheapest source at the time for a refill on 2,000 gal.
 
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