Propane Suppliers: Buy Ahead to Avoid Price Spikes

DUBUQUE, Iowa (AP) — State officials and propane suppliers are advising consumers to fill their tanks before cold weather arrives because prices could climb again this winter.
The Dubuque Telegraph Herald reports (http://bit.ly/1obSe2U ) prices will largely depend on how cold it is this winter and how long the cold lasts.
Iowa Agriculture Secretary Bill Northey is telling farmers and homeowners to buy ahead of time.
Last winter dwindling Midwest supplies and rising demand pushed propane prices to more than three times normal to nearly $5 per gallon. Northey doesn't expect prices that high but he says it is important to think ahead.
Iowa historically received about 20 percent of its propane from a 1,900-mile pipeline that no longer carries it.
As a result, Iowans are increasingly reliant on propane from Kansas which costs more.
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Information from: Telegraph Herald, http://www.thonline.com

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