Tuesday, January 28, 2014

Propane Shortage leads to Drastic Price Increase

Have you SEEN propane prices lately?? Two weeks ago a gallon of residential propane in the Midwest cost $2.39 a gallon. An LP supplier in north Iowa reported last Friday, the price [of propane] is close to $4.50 a gallon!" It's barely believable.

This situation--dubbed the Polar Pig -- a few weeks ago froze pipelines so gas and other petroleum products couldn't be moved from refineries to consumers. 

Matthew C. Klein reports that "According to the Energy Information Administration, Midwest households use more propane than households in any other part of the U.S. and are more dependent on propane as a heating fuel. As a result, Bloomberg News reported that 'governors of 15 states have declared emergencies to allow propane tanker drivers to work longer hours to make extra deliveries.'"

In Indiana, Jaclyn Goldsborough of The News-Sentinel reported, "Delivery is especially important for these homes in many Midwestern states, which have their own propane storage tanks and are not connected to pipelines. However, until the shortage is addressed, deliveries for many companies are limited due to a low supply." This shortage of propane is causing thousands of people fear they won't be able to heat their homes this winter.

So what are propane users to do? Simply bundle up and try to conserve gas?

There has never been a better time to purchase a Hawken Energy outdoor wood-burning furnace! Many people who are skeptical about making this investment attribute their hesitance to the notion that install is impossible in the winter. NOT SO. The pipes that run from the furnace to your home can function just as normally lying on the ground. Then, in the spring, your installer can come bury them for you.

When it comes to heating your home, it's certainly a lot cheaper than these outlandish propane prices. 

Posted by Alex Walborn - Hawken Energy Outdoor Wood Furnaces
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