Understanding volatile propane prices
October 1, 2003 By LP Gas
Propane prices, like most energy commodities, continue to experience extreme volatility. There are a number of factors impacting propane prices during the year.
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Propane prices, like most energy commodities, continue to experience extreme volatility. There are a number of factors impacting propane prices during the year.
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As the owners/operators of a small retail propane company neared retirement age, they chose to sell their business to a larger regional propane distributor. As is typical in this industry, the owners of the selling company were very active in the day-to-day operations, in the office as well as in deliveries and service to residential customers.
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Let’s take a look at what The Jobs and Growth Tax Relief Reconciliation Act of 2003 means for you, the business operator.
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Propane price spikes in two of the last three winters had unhappy constituents from the 4.6 million propane-dependent households chewing the ears of their Congressional representatives for help.
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When I give a presentation I always list the stakeholders. That’s because every presentation, regardless of topic, begins with understanding issues and being aware of all people and associations that have a stake in the process.
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Heading into the 2003-04 winter season, propane retailers and wholesalers have a lot to think about. Last winter may have put the propane industry on notice that demand is up dramatically, and the supply situation needs serious improvement to address new realities.
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Propane got a unique boost in visibility as a viable alternative fuel just in time for a rejuvenated debate by government officials for a national energy policy.
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Call them gremlins, shoulder angels or devils, leprechauns, fairies or elves – it is the weight our conscience that determines the choices we make every day.
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Propane marketers in general – and small business owners in particular – stand to save thousands of dollars in capital costs following the federal tax cuts recently signed into law by President Bush.
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