Is there a propane shortage in Illinois?
Is there a propane shortage in Illinois?
Illinois is one of seven states now under an emergency declaration over a propane shortage. “Propane is an essential fuel for corn dryers in Illinois and across the Midwest. 2019 has already been a stressful growing and harvest season for farmers.”
Why is there a shortage of propane in the midwest?
“The late harvest and high demand for petroleum products throughout the Midwest have resulted in low supplies of propane as well as difficulty transporting,” according to a notice on Iowa Governor Kim Reynolds’ website.
Why is gas prices going up in Illinois?
“Gas prices are up to levels we have not seen since 2014,” said AAA spokesperson Molly Hart. “It is the high cost of crude oil that is a primary driver for increased pump prices.” While prices this month are not expected to spike at the same rate as last month, there could still be slight increases, according to Hart.
Is there a shortage on propane tanks?
Immediate orders for tank deliveries are likely to arrive in late 2021 to early 2022, according to an industry notice issued in June by the National Propane Gas Association (NPGA). “Incredible demands on propane tank production” have resulted in lead times averaging 23 weeks for tanks of all sizes, NPGA reports.
Why is there no propane anywhere?
There has been a propane shortage since July. Mainly due to the gasoline demand has fallen off because of the lockdowns. One way to get Propane is from crude oil, if gasoline isn’t in demand then they won’t process as much crude so propane won’t be processed.
How bad is the propane shortage?
Propane inventories are at a dangerously low level of 21% below the five-year average. This is almost unheard of for supplies of propane to be this low at this time of year, and this is a real danger, especially to rural America, which depends on propane.
Why are gas prices so high in Illinois 2021?
“It is the high cost of crude oil that is a primary driver for increased pump prices.” While prices this month are not expected to spike at the same rate as last month, there could still be slight increases, according to Hart.
Why is there a shortage of LP gas?
“The increase in prices can be attributed primarily to higher crude oil prices, seasonal withdrawals from propane inventory and increased global demand for U.S. propane exports, the EIA says. Canada suffered a propane shortage in late 2019, following a strike by rail workers north of the border.
Why is there a 1 lb propane tank shortage?
Is there currently a propane shortage?
Not only that, but Natural Gas Intelligence reported in early May about the threat of winter shortages of propane, citing natural gas producer Antero Resources Corp. The report added that propane supplies are “currently running about 34% below the five-year average and inventories are 30% below last year’s levels.”
Is there a propane tank shortage?
The smaller propane tanks used to run appliances during camping are currently in short supply due to shortage of steel.