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Help available as local propane need continues

February 13, 2014

ESCANABA — With a propane shortage hitting the Midwest and a particularly cold winter looming, U.P. residents who heat with propane are feeling the chill this season....

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Whizzywhig

Feb-22-14 9:44 PM

Possibly,

consumers in the U.S. will never see the day of low propane prices again,

unless the government forces producers and suppliers to limit exports, and

insist on pricing and production stability.

So goes the rule of law:

- the Free-Enterprise System,

- the crown jewel of the rich and their corporations, and the mantra of the republicans

Other politicians have noted the high level of sales abroad and said the issue may impact their

deliberations on whether to allow

the export of U.S. crude oil

- a critical energy policy issue for 2014.

Follow the money,

follow the profits,

follow free-enterprise system,

follow the rich, their corporations

and their bank accounts,

follow everything to the door...

right off-shore.

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Whizzywhig

Feb-22-14 9:47 PM

Energy consultants RBN Energy,

citing consultants IHS Waterborne Energy,

said exports barely dipped below the 400,000 bpd mark in the past two months and,

according to their chart, have stayed above the 375,000 bpd mark.

Propane exports are expected to increase month by month and year by year, as suppliers build and bring online,

new production facilities to meet the demand overseas,

fueled by high overseas prices.

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Whizzywhig

Feb-22-14 9:47 PM

Data from the Energy Information Administration issued on Thursday

showed that coming into the winter, propane exports rose to 410,000 barrels per day (bpd) in November,

the highest since the agency began collecting data four decades ago.

That figure eclipsed the 408,000 bpd exported the previous month, which in itself was a big jump from the 270,000 bpd that had been exported on average in the previous months of 2013.

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Whizzywhig

Feb-22-14 9:48 PM

One, perhaps the most important reason

there are propane gas shortages, is due to the fact that propane gas producers would rather export propane to foreign customers who pay a much higher price than consumers pay in this country.

A report dated 01/30/14 from Reuters states:

Propane organizations and suppliers, acknowledge record-high exports also helped deplete inventories,

which in turn are at record-low levels in the Midwest for this time of the year.

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