Stock up on propane this summer

Whether you realize it or not, propane powers a lot of summer fun – from propane-powered grills to campfire stoves. But did you know that summer is also historically a great time to check your propane supply and stock up? With propane’s long shelf life, locking in lower prices during the off season is smart and convenient. 

The 2018 season is no different, but a few market factors could impact inventories moving forward. Exports are unexpectedly high right now but are predicted to drop off slightly as the summer progresses. In addition, trade policies are shifting and may or may not impact the price of propane. Check in with your supplier now and as the summer progresses to help ensure you have supply when it matters most.    

If you’re a homeowner

If you rely on propane to heat your home in the winter, summer is a great time to fill up your home’s propane tank. A summer fill ensures you’ll have what you need when cold weather and higher demand come, no matter how the markets shift. 

If you’re a producer

Propane supply for an operation is a little more complicated than for a residential home. Typically, farmers assess their propane needs later in the season based on their predicted crop yield and drying capacity. But with propane inventories where they are, talk to your local coop about summer saving opportunities and make sure to secure your gallons well in advance of harvest.

When you’re buying propane, specific promotions can help you save money regardless of the size of your purchase. Specific promotions vary from market to market, so be sure to find your LOCAL CENEX® DEALER and talk to them about offers in your area.