TheDude
Dedicated LVC Member
View attachment 828578861
At least this isn't 2014... when Propane was $4.00 a gallon. Wanna guess who let Americans get raped back in 2014???
No... It wasn't Biden, but it was a Democrat in office at the time.![]()
Propane prices (like all other fuel prices) skyrocketed under George W. Bush:
2014 was a fluke: https://rbnenergy.com/winter-2014-propane-crisis-the-rest-of-the-story
That was an all-time record for the price of propane in the U.S. and the most obvious indication of severe supply shortages in the Midwest propane market. There were three primary factors identified as responsible for the crisis in our blog: (1) a late, wet, bumper crop of corn requiring large volumes of propane for grain drying, (2) lower inventories due to so many barrels being moved south to the Gulf Coast for exports (see Sail Away - Propane Exports Exceed 400 Mb/d), and by far the most important factor (3) frigid, polar-vortex weather. It turns out that there were other factors at work as well. Cochin pipeline, being taken out of propane service so that it can be used to supply diluent to Canadian crude oil producers had a temporary outage that took supply out of the market. A major natural gas processing plant in the area was off-line due to expansion work, taking more supply out of the market. Rail lines were crowded, and there was a shortage of transport truck drivers. -snip