While we cannot control what happens with world energy prices, we can give you some understanding of why propane prices regularly rise and fall. These fluctuations are normal and influenced by many factors, including supply and demand, the price of oil and natural gas, the weather, geopolitical events and Wall Street investors, to name a few.
Because propane is refined from commodities traded in the global market (crude oil and natural gas), the price of propane can fluctuate depending on unforeseen economic, political, climate and other factors. The amount of production and current inventory levels in a particular region also greatly affect propane prices. And this isn’t limited to residential use. Domestic and international factors affect commercial and industrial propane usage.
Here’s an example: Propane is an extremely popular fuel for drying crops. If there is a rainy growing season in part of the U.S., the price of propane will go up because of increased usage on farms.
Happily, as a predominantly American-made fuel, propane’s price tends to be lower and more stable than many other home energy sources.
For updated pricing information, please get in touch with us today!
One thing about being in business for more than 130 years: We’ve gotten to know our customers well.
The most important thing we’ve learned is that our customers aren’t all the same. They have different needs when it comes to propane delivery. They also have different needs in managing their fuel costs.
That’s why we don’t do one-size-fits-all pricing and payment options. We give you choices so that you can decide what works best for you!
EasyPay: The name says it all! We make it easy for you to pay your propane bill. Think about your fuel costs over the course of the year. Your bills are usually much higher in the winter when you are using propane to heat your home. But you can avoid getting stuck with higher bills during that time. With EasyPay, your fuel costs are spread out over several months. And you get a discount of 5¢ per gallon!
PreBuy: Want to get off the roller coaster of fuel prices? With PreBuy, you purchase your propane before the heating season, when prices tend to be lower.
EasyCap: Worried about price spikes during heating season? EasyCap takes that worry away. You agree to a capped price and never pay more than that for your fuel. But if the market price drops, the amount you pay will drop, too!
Ready for responsive, personal service? Become an Augusta Fuel Company customer today!