Propane Price Skyrockets
OMAHA (KPTM)- The price of propane gas went up $1.00 per gallon.
Last year at this time a gallon of propane gas was $1.50 per gallon.
Michael McCafferery, Platts analyst for propane, said wholesale spot prices for propane went up 70 percent between Friday and Tuesday to a record $2.45 per gallon.
Lynne Schuller, Executive Director of the Nebraska Propane Gas Association, said prices paid by dealers rose $1.00 per gallon.
Schuller attributes the spike to pipeline issues that caused a demand, cold temperatures, and the fact that many farmers used propane to dry their grain this fall.