Propane “Armageddon” Coming?

Above, getting the propane tank filled. Photo by Armand Vaquer.

Before heading off to Quartzsite for the fall Clampout with the Lost Dutchman Chapter of E Clampus Vitus last week, I had my motorhome's propane tank filled. It was $2.69 per gallon, which, as a new article in RV Travel states, is the national average price for propane. It is about a dollar more than last year.

Trouble may be on the horizon for propane supplies this winter. This is something that I will have to keep an eye on as my home runs on propane.  

RV Travel wrote:

RVers who are still using their rigs this winter would be wise to keep a close eye on their propane levels.

Propane industry analysts are already warning of an “Armageddon” in the U.S. propane market due to low supply, high demand, and the resulting rocketing prices.

Edgar Ang, who is with the research firm IHS Markit Ltd., said U.S. propane inventories are at record lows and will remain extremely tight as the cold weather sets in. Experts are also warning that mean temperatures in the Lower 48 states are expected to drop into the 60-55 degree range by the end of October, and heating degree days (those days that signal the start of the heating season) have already begun in much of the country.

To read more, go here.