MFA Oil encourages propane customers to fill up now

2 years 4 months 2 weeks ago October 08, 2014 Oct 8, 2014 Wednesday, October 08 2014 Wednesday, October 08, 2014 2:41:00 PM CDT in News
By: Maddison Hill, KOMU 8 Reporter
loading

COLUMBIA - The U.S. Energy Department predicts lower propane costs this winter. However, MFA Oil said mid-Missourians should still take precaution.

Last year, there were consistent low temperatures across the Midwest, South, and East forcing heating bills to rise, as well as a propane shortage here in mid-Missouri. MFA Oil Director of Public Relations Tom May said this was happened for many reasons.

"Last year, there were contributing factors that made the perfect storm where we got price spikes," May said. "We had a high amount of exports, record amounts for crop grain drying, and changes in the pipeline structure in Midwest."

This year, the Energy Department reports that milder temperatures should reduce homeowners fuel use leading to lower heating bill costs.

However, in mid-Missouri MFA Oil Business Development Manager Tom Procter said there is no way of guaranteeing that.

"We have too many factors that we have to evaluate, supply, weather, they're all interrelated," Procter said. "Saying that prices are going to be lower today, we can't do that."

Procter said currently for mid-Missouri the supply of propane going into this winter is only slightly higher than the previous winter.

"Indicators are still much like last year, we are having a good crop drying usage for propane all throughout the Midwest, which is exactly how last winter started off" Procter said.

He also said, with mid-Missouri weather, there is no way to 100 percent know what weather temperatures are going to look like.

"Unless we can exactly predict what the weather is going to do everyday for the rest of the winter, we can't predict exactly," Procter said. "When winter weather hits the supply goes down and the demand goes up, which naturally causes the prices to increase."

Procter said MFA Oil is encouraging customers to prepare for winter weather and fill their propane tanks now while prices are low to avoid large expenses later.

More News

Grid
List
JEFFERSON CITY- Republican lawmakers continue at odds over the Real ID Act . One side of the argument seeks to... More >>
1 hour ago February 26, 2017 Feb 26, 2017 Sunday, February 26 2017 Sunday, February 26, 2017 11:30:00 PM CST in News
COLUMBIA - As President Donald Trump prepares an alternate version of a temporary travel ban on refugees and members of... More >>
7 hours ago February 26, 2017 Feb 26, 2017 Sunday, February 26 2017 Sunday, February 26, 2017 6:00:00 PM CST in News
COLUMBIA - Planned Parenthood opponents are planning a month of protests after a march that drew between 50 and 100... More >>
7 hours ago February 26, 2017 Feb 26, 2017 Sunday, February 26 2017 Sunday, February 26, 2017 5:57:00 PM CST in Continuous News
ST. CHARLES (AP) — A Missouri woman has pleaded guilty to neglect after authorities say she left her 2-year-old boy... More >>
7 hours ago February 26, 2017 Feb 26, 2017 Sunday, February 26 2017 Sunday, February 26, 2017 5:30:30 PM CST in News
COLUMBIA- Local dog boarding facilities are amping up their luxury of care for your pet. Several big city boarding... More >>
13 hours ago February 26, 2017 Feb 26, 2017 Sunday, February 26 2017 Sunday, February 26, 2017 11:23:11 AM CST in News
HOUSE SPRINGS, Mo. (AP) — Authorities say they've arrested a suspect in connection with a weekend shooting death south of... More >>
15 hours ago February 26, 2017 Feb 26, 2017 Sunday, February 26 2017 Sunday, February 26, 2017 9:37:00 AM CST in News
COLUMBIA - Residents of older homes in Columbia could be eligible for free water testing for lead. The My... More >>
16 hours ago February 26, 2017 Feb 26, 2017 Sunday, February 26 2017 Sunday, February 26, 2017 8:58:00 AM CST in News
LACLEDE COUNTY — A man accused of assaulting and sexually abusing his 5-month-old daughter nearly eight years ago finally has... More >>
1 day ago February 25, 2017 Feb 25, 2017 Saturday, February 25 2017 Saturday, February 25, 2017 11:02:00 PM CST in News
COLUMBIA — United Airlines flight schedules posted to its website Saturday night showed two new flights out of Columbia Regional... More >>
1 day ago February 25, 2017 Feb 25, 2017 Saturday, February 25 2017 Saturday, February 25, 2017 9:48:00 PM CST in News
COLUMBIA — U.S. Sen. Roy Blunt, R-Mo., announced Saturday that his local office space will be relocated from its current... More >>
1 day ago February 25, 2017 Feb 25, 2017 Saturday, February 25 2017 Saturday, February 25, 2017 9:11:00 PM CST in News
COLUMBIA — This weekend Missourians came together to give the Loos family a home makeover. Rhyan Loos, 7, was... More >>
1 day ago February 25, 2017 Feb 25, 2017 Saturday, February 25 2017 Saturday, February 25, 2017 7:21:00 PM CST in News
COLUMBIA — There is a significant "values gap" between employers and the millennials who work for them, according to a... More >>
1 day ago February 25, 2017 Feb 25, 2017 Saturday, February 25 2017 Saturday, February 25, 2017 7:05:00 PM CST in News
COLUMBIA — Boone County experienced at least a dozen fires Feb. 18, a number that did not surprise fire officials.... More >>
1 day ago February 25, 2017 Feb 25, 2017 Saturday, February 25 2017 Saturday, February 25, 2017 5:00:00 PM CST in News
JEFFERSON CITY — People from all over mid-Missouri gathered at the Miller Performing Arts Center Saturday to listen to local... More >>
1 day ago February 25, 2017 Feb 25, 2017 Saturday, February 25 2017 Saturday, February 25, 2017 4:00:00 PM CST in News
JEFFERSON CITY — A crash involving an anhydrous ammonia trailer killed one person in Jefferson City Saturday morning. According... More >>
1 day ago February 25, 2017 Feb 25, 2017 Saturday, February 25 2017 Saturday, February 25, 2017 3:44:00 PM CST in News
COLUMBIA — Representatives from two East Campus housing associations spoke at the Unified Development Code public forum Saturday and found... More >>
1 day ago February 25, 2017 Feb 25, 2017 Saturday, February 25 2017 Saturday, February 25, 2017 1:36:00 PM CST in News
COLUMBIA — Hundreds of mid-Missourians attended the 6th Annual Fitness for a Cure event Saturday, an event that benefitted the... More >>
1 day ago February 25, 2017 Feb 25, 2017 Saturday, February 25 2017 Saturday, February 25, 2017 12:01:00 PM CST in News
ST. CHARLES (AP) — A woman has been accused of stabbing a worker at a General Motors plant near St.... More >>
1 day ago February 25, 2017 Feb 25, 2017 Saturday, February 25 2017 Saturday, February 25, 2017 10:27:08 AM CST in News
Columbia, MO
Broken Clouds 35°
2am 38°
3am 35°
4am 35°
5am 34°

Select a station to view its upcoming schedule:

Coming Up Next

1:05a
Dateline NBC
2:03a
Meet the Press
3:00a
Paid Program
12:00a
Species
2:00a
Paid Program
2:30a
Paid Program

Tonight's Schedule

7:00p
The Voice
9:00p
Taken
7:00p
Supergirl
8:00p
Jane the Virgin
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld