Prices Continue to Decline for Propane Customers

It's been a brutal winter for everyone in Wisconsin, but it's been especially difficult for those who heat with propane. Although the cold doesn't seem to be going away any time soon, propane providers are saying things are starting to look up in the industry.

Just a month ago, people were afraid of going cold as the price of the gas shot its way up past the $4 mark, and the supply became more and more scarce. The most recent numbers from the U.S. Energy Information Administration show the current price of propane in Wisconsin to be around $3.34. The average price for the week of January 27, was $4.49.

"It's really been a crazy year," Lakes Gas Co. Wausau Branch Manager, Jim Winch said. "The supply was not there, prices went crazy high. The supply is back now. The prices are down, not as far down as we'd like them to be, but they are reasonable and people are able to get fills now."

They not only can fill tanks, but Winch said they can fill them completely and can take on new customers. He said they also are able to get their propane supply right here in Wisconsin, rather than out of state.

"It looks good. Most people are getting fills right now, hoping that they'll last until spring time. That's, of course, what we're hoping for as well. We don't foresee a shortage at all, so there's plenty of product, the price is reasonable and people are getting filled, so it's good," said Winch.

Despite the positive outlook, he said he still urges people to conserve or use other energy sources.

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