Consumers seek backup power one year after Texas storm, grid failure
February 18, 2022 By Ellen Kriz
A year after Winter Storm Uri caused widespread power outages in Texas, consumers are turning to generators to mitigate power disruptions.
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A year after Winter Storm Uri caused widespread power outages in Texas, consumers are turning to generators to mitigate power disruptions.
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Despite higher prices, lower-than-normal inventories and continued LPG exports to Europe and Asia, there doesn’t appear to be a concern about an overall propane shortage this winter.
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In this week’s Trader’s Corner, Mark Rachal, with Cost Management Solutions, shares a heating season update for propane marketers.
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Today’s challenges with tank supply and price increases reinforce the timeless sound practices followed by the strong propane marketer.
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This winter, propane companies are planning ahead to ease fears of price spikes and supply shortages, among other factors.
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Mark Rachal, director of research and publications for Cost Management Solutions, discusses the propane inventory deficit and the mild start to heating season.
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The 5 percent of U.S. households that heat primarily with propane will see the largest increase among winter heating fuels compared to last winter, according to the U.S. Energy Information Administration.
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Christopher Caywood explains how technology can mitigate the risk of winter price spikes and product shortages for propane retailers.
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Propane retailers must go into their peak demand period assuming they will continue to see strong competition for the available supply.
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In this month’s In the Know, Jeff Thompson of Propane Resources discusses recommendations for sourcing winter propane supply.
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