Buy your propane during the summer....before September.

softdown · August 2016

I have a 500 and a 1000 gallon propane tank. Why? Bit of a prepper I guess, Be Prepared....Boy Scout Motto

I can still get my tank filled for $1/gallon until September. That is a fraction of what I paid during peak season after buying the new tank.

Blindowl1234 · August 2016

Switched suppliers here this summer. Previous supplier was $2.82 last year. They've always been high. New supplier 95 cents summer rate. We filled and we locked in $1.89 rate until March 2017. We use their tanks too...so far.

DanS26 · August 2016

Here in SE Indiana you can buy propane for $.879/gal, but you have to own your own tanks. I call seven local suppliers and take the lowest quote.

I watch the commodity price of propane in the WSJ and it has consistently stayed around $.45/gal most of the summer. I use that as my guide to negotiate pricing with suppliers.......yes price is negotiable.....just ask for the manager and know what price they are paying on the wholesale market. Most seem satisfied with a 100% markup which is needed to cover delivery and overhead costs in their business and still produce a profit.

softdown · August 2016

Valid points.....one can expect to pay another ~.20/gallon in the mountains I think.

I seem to remember paying some rather princely propane prices when gasoline hovered around $4/gallon. I like to keep my tanks semi-full in case those days return.

Only needing ~300 gallons...they are not impressed. It was a different story when I ordered 1000 gallons.

At any rate...the prices are highest during peak demand...winter time.

Used propane tank prices have gone up. That often indicates increased demand.

Blindowl1234 · August 2016

DanS26 said:

Here in SE Indiana you can buy propane for $.879/gal, but you have to own your own tanks. I call seven local suppliers and take the lowest quote.

I watch the commodity price of propane in the WSJ and it has consistently stayed around $.45/gal most of the summer. I use that as my guide to negotiate pricing with suppliers.......yes price is negotiable.....just ask for the manager and know what price they are paying on the wholesale market. Most seem satisfied with a 100% markup which is needed to cover delivery and overhead costs in their business and still produce a profit.

We had Lykins for a few years here in S.W Ohio and switched to Ferrell this year. Ferrell had a much better price. Thought about my own tanks but they still get you on the delivery price. Would be great if I owned a fork lift and could get them filled and bring them home lol. Might be kind of heavy though.

DanS26 · August 2016

Blindowl1234 said:

DanS26 said:

Here in SE Indiana you can buy propane for $.879/gal, but you have to own your own tanks. I call seven local suppliers and take the lowest quote.

I watch the commodity price of propane in the WSJ and it has consistently stayed around $.45/gal most of the summer. I use that as my guide to negotiate pricing with suppliers.......yes price is negotiable.....just ask for the manager and know what price they are paying on the wholesale market. Most seem satisfied with a 100% markup which is needed to cover delivery and overhead costs in their business and still produce a profit.

We had Lykins for a few years here in S.W Ohio and switched to Ferrell this year. Ferrell had a much better price. Thought about my own tanks but they still get you on the delivery price. Would be great if I owned a fork lift and could get them filled and bring them home lol. Might be kind of heavy though.

I've purchased from Ferrell. If you own your own tanks there is no delivery charge....at least in this district.

softdown · August 2016

Blindowl1234 said:

We had Lykins for a few years here in S.W Ohio and switched to Ferrell this year. Ferrell had a much better price. Thought about my own tanks but they still get you on the delivery price. Would be great if I owned a fork lift and could get them filled and bring them home lol. Might be kind of heavy though.

I have a forklift. The thought of delivering the propane tank makes me a bit uncomfortable.

They do not allow filled propane tanks to be trucked/trailered around.

jonr · August 2016

> Most seem satisfied with a 100% markup

I would think that their costs are much more of a fixed cost than a percentage. As propane prices go back up, I would expect their percentage to drop.

softdown · August 2016

jonr said:

> Most seem satisfied with a 100% markup

I would think that their costs are much more of a fixed cost than a percentage. As propane prices go back up, I would expect their percentage to drop.

I'm sure you are right. They would pretty much try to discontinue summer service if wintertime service truly paid ~twice as much.

DanS26 · August 2016

You don't have to follow the WSJ. You can see wholesale propane pricing here for just about anywhere in the USA. Note data is only available during heating season.

Here is Indiana:
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=W_EPLLPA_PWR_SIN_DPG&f=W

Find your state or region here (click "View History"):
http://www.eia.gov/dnav/pet/pet_pri_wfr_a_EPLLPA_PWR_dpgal_w.htm

softdown · August 2016

That was a huge spike in Feb 2014....wonder what happened.

solorone · September 2016

Like the OP I just filled up my 1000 and 500, but geez, I
I thought I was doing good to get 1.18 in Georgia. did not see Ga. wholesale in the link.

Anawa · September 2016

Just filled-up SW of Atlanta at $1.19 gallon. Just saying.

Paul
in Georgia

Buy your propane during the summer....before September.

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