Now they're rationing LP keep those stoves going!

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I just think its lousy. Why have contracts at all then? My friend had to prepay X amount to lock in that price in advance.

They just told her to look on the back of her contract.

It probably gets you 24 hour service. Not standing up for a company that has such a contract but its entirely possible they don't have the money to weather the storm so the only choice is to raise the price for contract customers. But yes its makes you wonder why you prepay.
 
Just saw on the news this morning that in Minnesota, LP is going for over 5.00 a gallon!

I know the law of supply and demand but, shees! It doesn't cost any more to produce today then it did 3 days ago!
 
oh, and the govenor says they will set up warming shelters for people without heat due to propane. Meanwhile all their pipes freeze in their house.......
I'm surprised he'd spend the money for a shelter! Asked if he would be open to use some of the states surplus to help the needy with the high fuel cost he said that it wouldn't help the situation and increased supply from David Koch is what is needed.... Well not in those words exactly but we all know where his priorities are.
 
Just called Irving here to check. Current at $4.099/gallon.
Was $2.92/gal. In Sept when I had the tanks topped off.
First year with the wood stove, normally I'd be calling for my mid winter delivery right about now but tanks are still at 60%! Ill easily make it through the season without a deluvery. Whew!
Otherwise I'd be looking at $600+ !!! Just to make it to spring.
 
Put the numbers in boys...

(broken link removed to http://pelletheat.org/pellets/compare-fuel-costs/)

I got some last week, $1.79, called last night to check prices, $4.99, in one week. WTF??? Good thing I use very little per year. If you have propane, you are now much better off plugging in electric heaters. Word on the street is $10 propane may be comming. And most will only fill 100 to 300 gallons max. This is all from Central WI. area.
 
Even at $4 / gal, it's probably less money to heat with electric. Time to go out and get some space heaters. Heck, pull out the hair dryers...
 
Go out and buy some 180 proof alcohol and throw that in your burners. It'll probably be cheaper.
 
Sounds like a good time to run an ad on pellet stoves that are sitting around, waiting to be installed.
 
LP today from Lakes Gas out of Frederic WI. Drum rollllllllll (broken image removed) $6.90 per gallon.
Hard to believe but I can... I feel bad for the elderly that are on a fixed income! 200 gallons for $1400! There might some bad freeze ups and casualties from this.
 
Wow, I can't believe the price propane is going for.
I'm glad I got mine on contract for 1.44
 
holy moly!

Who knew it would be cheaper to heat with fuel oil again over propane?
 
Holy Crap!! Just got off the phone from a supplier and it went up again!
If you own your tank, you get LP for 5.50 to 6.00 a gallon. But that's this afternoons price. Tomorrow will be even higher I bet.
Poor delivery guys must really be taking a bashing!
 
Just dropped by our propain dealer to get some gas for the snowblower and was told propain was shy of $4. Seven day forecast may not get above zero in our area. I just got in 90 bushels of corn into the shed and the snow started. Corn was $3.95/bu. This can make the payback of the stove at warp speed:) Obama speech is going to be interesting on the 28th.
 
Glad our 100lb tanks ran out when they did, we filled them about a month ago (for hot water/cooking). The one we've got for the vent free is out, and we're not thinking of refilling it at these prices. I hate not having something in place that can kick on if we couldn't get home for some reason, but...uh-uh, not paying those prices. The guy that came to take away our big LP tank told us he used to fill it 2x a year sometimes...and that was a 700ish gallon job. That thought makes me cringe...and want to hug my stove...except...it's too hot for that, lol.
 
Just called. Still at $1.49 through my supplier - NO NEW CUSTOMERS.
They didn't tell you that it was per liter?:)
 
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They didn't tell you that it was per liter?:)

Naaa - they are a mom and pop shop that has been around for a long time. Good peeps to deal with and have their own tank farm. He said this will blow over by Mar and that their tank farm has enough in store for their customer base. Next years contract price has already been put in place and it is similar to the same price.
 
LP today from Lakes Gas out of Frederic WI. Drum rollllllllll (broken image removed) $6.90 per gallon.
I looked up the Lakes Gas web page. They had a CNN video on it with a propain guy on it breaking down in tears! He said we will get you the fuel but it might pretty much put you out on the street. Not good.
 
Got off the phone with my supplier less than 5 minutes ago. Contract price is still good at $1.49 through Mar. They have a tank farm and have already taken delivery to cover till then. He just contracted for next year and prices are similar.
No new customers will be taken right now. This company is one of the "good guys". It makes me question if some suppliers are on a predatory prowl.
 
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buy tanks or drop propane all together, look back over your contract and verify if that statement is in the contract, if it is , find another source if possible and work out a contract with no minimums.

if there is no contractual agreement on minimum delivery annually then sue them if the bill you I bet you could find a lawyer who would love to litigate this case unless you have a contract which does stipulate a minimum.

they only have a strong arm when its the only arm in the neighborhood, do some looking see if they have a competitor, enlist their service explain the case and let them know you have friends who could become customers. its that simple , as long as there is competition unless they have formed a trust where they collude to **** you together someone will take less rather than none , and he/she is youre leverage.
Well yes a lawyer would love to challenge the contract at his going rate of maybe $300 an hour. When you call a lawyer they ask about the case and then they say, well... Good luck with that one! But you can take them to small claims and have it heard out if you really think that you've been wronged.
 
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They had on the local news tonight, people looking at pellet and wood stoves because of the propane shortages. It won't help the buyers in the short term, they were saying a 2 week wait if the buyer wanted the companies to install it.

Do you think that there will be a "pellet shortage" so they can increase the prices for them?
 
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A couple of weeks ago when I could hear the "distant drums" of the Propane storm a'brewin' I did a quick inspection on the level of our tank:

- Started the Heating Season around 70% full
- Currently at a bit over 60%

Nice.......==c
Thank-you woodstove.....keep-up the good work!
 
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