Pat Shingleton Column

Pat Shingleton: "Pro or Anti - Pane"

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Posted: Feb 10, 2014 5:44 PM by Pat Shingleton

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Topics: Propane Shortages.

Deep south temperature extremes find us cranking up the air conditioners from June through September while "northerners" adjust their thermostats from October through May. Thirty-five states have been impacted due to fuel shortages. Last Fall, Midwestern farmers depleted stocks of propane when they were obligated to dry-out an unusually damp corn crop. Time Magazine reports that supply-chain problems and surging exports last year found twice as much propane being shipped overseas, garnering higher prices. Since last October, Midwest inventories are 5 million barrels below average, creating scarcities from Maine to Alabama. Response from the Federal Government is allowing propane hauling truckers to stay on the road longer.

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