Thanks to plummeting crude oil prices and historically high levels of fuel inventory, most people have been saving money on their propane (and heating oil) costs over the past two years.
By last fall, propane inventory had reached its highest level in the 22 years the Energy Information Administration has been collecting propane inventory data — more than 100 million gallons!
There’s more good news. As the production of propane continues to grow, the ability to transport, store and export this abundant supply has also expanded, lessening the risk of any bottlenecks in the supply chain.
Since supply and demand are such critical factors in propane prices, an abundant supply bodes well for propane prices in the years to come. That’s one more reason why it feels good to use propane!
You can always count on us to help you get the most out of your fuel, so you can continue to be safe, feel comfortable and save money. We deliver for you!
We appreciate the opportunity to take care of you and your home. Thank you!