Most people have NatGas available and use it.
The rest of us, we mostly use Propane in the Great Lakes, while there's
still a lot of oil in New England.
Propane markets seem somewhat independent of crude oil prices.
My new vendor was $0.92 back in January, so I was really looking forward
to the summer price bottom. So, what did I pay in August? $0.95 plus
tax.
I'm the guy who owns my own tanks and doesn't have the cost of the tank
baked into my propane pricing. But this was a cheap year for tank
renters too, my Mom's winter contract is fixed at 1.399.
On 2020-12-11 18:11, Allan Streib via Mercedes wrote:
The market is probably speculating that with vaccines starting to roll
out that travel (and fuel use) will be starting to pick up again.
Also January would be peak season for use of heating oil? Not sure
whether enough people still heat with oil for that to be a big
factor. Last time I talked with my furnace guy, he said there's like
two
people in my area that know anything about oil furnances, but oil was
never big in this area. Around here, the oldest homes originally used
coal, and they all moved to natural gas.
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