NEWS
Propane Price Skyrockets in Midwest
Myke Feinman Refine Fuels Reporter
Tue Jan 21, 2014 03:57 PM CST

STREATOR, Ill. (DTN) -- The per-gallon spot price for propane at the Conway hub in Kansas surged 40 cents in early trade as temperatures plunged back below zero in the Midwest amid tight supply following an arctic blast that struck the nation earlier this month.

Conway propane traded at 215.0 cent per gallon, a gain of 39.875 cents since Friday's last trade. This huge jump comes after a 36.125 cent gain for Conway propane the prior week.

"It is absolutely nuts," one propane broker said. He added the price advance at Conway is from "the bullish market conditions that have ...

Quick View
  • Betting on Shorter Beans Researchers at the University of Nebraska and Purdue University have pinpointed a gene that produ...
  • Super Food Silage has never gone out of fashion in Bath County, Kentucky, even when the lure of $6- to $8-pe...
  • Farmers Pivot Back After Storms The majority of center pivots damaged by severe weather earlier this summer in Nebraska are up an...
  • Pick Contingency Plans - 3 As crop prices and insurance coverage swoon, farmers may need to supplement incomes with federal ...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • AFBF Appeal The American Farm Bureau Federation asked a federal appeals court to reverse a lower court's Sept...
  • Pick Contingency Plans - 2 Commodity payments are largely capped at $125,000 per person. People must also report under $900,...
  • Ask the Vet Some tips on fly control.
Related News Stories
DOT to Phase Out Old Railcars