Propane Shortage or not? Rip off like Gas?
Are the Propane suppliers doing the same thing that the OIL companies have done to us over the past ten years? With holding supplies to increase the prices? Or not?
[URL]http://www.tristatehomepage.com/story/d/story/midwest-leaders-call-on-president-to-help-relieve/17603/NADj8g55YkGuM-Mxu49rEg[/URL]
AND it looks like some fed and state regulations
with regards to pipelines and storage are also causing issues.
I guess all those new lines that folks were protesting last year, were ACTUALLY needed.
"
• Transportation Infrastructure: The December shutdown of the Cochin pipeline in the upper Midwest coupled with the reversal of another Midwest pipeline that previously transported propane contributed to that region's tight propane supplies. As supplies from natural gas and crude oil increase, so has competition for pipeline access and resources.
"Measures must be taken to ensure that the proper infrastructure is available to move propane from large national storage facilities to local propane retailers, especially in the winter," PERC said.
• Storage: The majority of the large propane storage facilities are located outside the Northeast and Midwest where most propane is used. Increasing local storage capacity in these regions would enable quicker response to increased demand but often requires overcoming local political and perceptual hurdles.
•Exports: The U.S. is producing ample propane supply, but more is being shipped overseas than ever before. In 2013, more than 20% of U.S. propane production was exported, up from 5% in 2008. Increased exports have made a large portion of these stockpiles unavailable for domestic use.
"