Here are the latest Propane Prices in your region. Use this guide to compare residential prices with your current dealer. Current propane prices for Wisconsin for the week ending January 4, 2010. Residential propane prices for Wisconsin climbed another 6 cents this week. Wholesale propane prices for Wisconsin rose over 3.5 cents per gallon.

Date Weekly Wisconsin No. 2 Heating Oil Residential Price (Cents per Gallon) Weekly Wisconsin No. 2 Heating Oil Wholesale/Resale Price (Cents per Gallon) Weekly Wisconsin Propane Residential Price (Cents per Gallon) Weekly Wisconsin Propane Wholesale/Resale Price (Cents per Gallon)
Jan 04, 2010 253.5 214.8 191.3 149.2
Dec 28, 2009 243.7 208.1 185.3 145.5
Dec 21, 2009 242.6 200.5 179.5 131.9
Dec 14, 2009 243 193.9 177.7 125.8
Dec 07, 2009 247.1 201.2 175.8 129.4
Nov 30, 2009 247.4 204 171.6 124.9
Nov 23, 2009 248.4 204.1 171.4 122.7
Nov 16, 2009 246.6 201.7 166.8 119.9
Nov 09, 2009 247.3 202.7 164.3 122.1
Nov 02, 2009 250.6 204.3 160 118.6
Oct 26, 2009 250.3 217.8 156.3 121.1
Oct 19, 2009 243.8 212.8 150.7 110.5
Oct 12, 2009 233.4 195 145.3 101
Oct 05, 2009 228.9 188.5 139.9 99.8

Source EIA.gov

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Dreading propane prices this winter? With a little knowledge and some preparation, you might be able to save a significant amount of money on this winters propane costs.

· First things first. Is you current supplier or prospective propane supplier registered with you state’s Department of Consumer Protection? Most states require suppliers to be registered and licensed. If a supplier isn’t registered, how can you trust them? When you decide on a supplier, call your state first to see if there is any complaints filed against them and to verify they are registered before signing up with them.

· Shop around. The price of propane can vary a great deal between competitors in the same market. You should call several suppliers to see what their current prices are and what type of service they supply. You can also shop online checking for the latest prices that a supplier is offering Prices will also vary depending on the amount of propane gas that you need delivered at the time. Obviously the more you order the more of a price break you should receive. Someone who is heating their home with propane should get a better price per gallon than someone who only uses propane for a pool or just for cooking.

· Talk to your neighbors. Find out who they are using and why? Do they offer great prices, great service, ask around. You will need to compare the same terms. Are the prices quoted by the supplier for a leased tank or a purchased one? Is the volume you need the same as your neighbor?

· Possibly form a buying group with your neighbors. There is power in numbers. If you and several of your neighbors can band together and form a buying group, you should be able to get a discount on your purchases. What propane gas supplier wouldn’t be happy to have a group to sell to each and every month?

· If you lease your tank, see if it would save you money if you purchased your tank. Simply ask for a quote from your current supplier AND from the competition. The next time you have your leased tanked filled, call around and ask for quotes for a delivery to a customer owned tank. With these figures, you now calculate whether it is cheaper for you to own your tank or to be a tank leaser.

· When receiving delivery make sure your ticket is accurate. Very simple right? Make sure the proper amount of propane was delivered and the amount on the ticket was the price you were quoted. Mistakes can be made, so stay on top of this.

· Check here to see the current trends in propane prices. If prices have been trending down, but your supplier’s prices is still the same or worse higher, call them out on it by showing the national trend from here.

· For any contract you sign, make sure you receive a signed and dated copy for your records. Also keep your keep all of your delivery receipts for about a year in case of any disputes. Keep these papers with your mortgage papers for easy retrieval if necessary.

· Ask your supplier for a discount. Why not, right? If you have been a steady customer for years, why shouldn’t you get a better price? It cost you nothing to ask, and you have everything to gain don’t you?

· When in doubt, asked until you are satisfied. Have things in writing so all the terms and conditions are clear to you. If anything is unclear, don’t sign until you understand the conditions.

There you have it, some simple steps to take to protect yourself from overpaying and getting the best propane prices this winter. Most propane gas suppliers are reputable, but you should always be looking to protect yourself.

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Residential propane prices in Pennsylvania slightly dipped this week. Propane prices dropped 2 cents this week, the first decline in over a month. However, wholesale propane prices for the week rose by 3 cents, the second week in a row with rising propane prices.

propane price pa Nov 30 2009

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Propane prices increase for the week of 11/23/2009

The average residential propane price increased 3.1 cents per gallon to reach 227.2 cents per gallon. This was a decrease of 14.3 cents per gallon compared to the 241.5 cents per gallon average from the same period last year. Current propane prices gained 3.1 cents per gallon, from 117.0 cents per gallon to 120.1 cents per gallon. This was an increase of 38.9 cents per gallon when compared to the November 24, 2008 price of 81.2 cents per gallon.

Propane Inventories Continue to Decline
Propane inventories continued to fall last week from their October peak. Total U.S. inventories dropped over 1.8 million barrels to 63.6 last week. Consequently, primary inventories of propane have moved closer to the lower boundary of the average range for this time of year. The Midwest region led the decline with 1.3 million barrels of  drawn. The East Coast regional inventories declined 0.4 million barrels, while the Gulf Coast and Rocky Mountain/West Coast regions both drew 0.1 million barrels of inventory.

source EIA

Propane prices

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Here are the weekly propane prices and heating oilPropane Prices Pa prices in Pennsylvania for the week ending 11/9/2009

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What Influences Propane Prices?

What will propane gas cost to fill your tank this year? What kind of price can I expect from my propane supplier?Propane prices occasionally spike, increasing disproportionately beyond that expected from normal supply/demand fluctuations. The main cause appears to lie in the logistical difficulty of obtaining resupply during the peak heating season. Because propane is produced at a relatively steady rate year-round by refineries and gas processing plants, there is no ready source of incremental production when supplies run low.

Propane wholesalers and retailers are forced to pay higher prices as propane markets are bid higher due to dwindling supply. Consequently, higher propane prices are simply passed on to consumers. Imports do not offer much cushion for unexpected demand increases or supply shortages due to the long travel time. On the other hand, when propane prices do spike, the petrochemical sector may cut back on its use, thus freeing up supplies for other uses.

Propane prices are subject to a number of influences, some common to all petroleum products, and others unique to propane. Because propane is portable, it can serve many different markets, from fueling barbecue grills to producing petrochemicals. The price of propane in these markets is influenced by many factors, including the prices of competing fuels in each market; the distance propane has to travel to reach a customer; and the volumes used by a customer. More especially, propane prices are affected by Crude Oil and Natural Gas Prices. Although propane is produced from both crude oil refining and natural gas processing, its price is influenced mainly by the cost of crude oil. This is because propane competes mostly with crude oil-based fuels.

source:EnergyInformationAgency

current propane prices

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