MFA Oil encourages propane customers to fill up now

5 years 3 months 1 week ago Wednesday, October 08 2014 Oct 8, 2014 Wednesday, October 08, 2014 2:41:00 PM CDT October 08, 2014 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
KANSAS CITY - A teenager who was critically wounded during a weekend shooting in southeastern Kansas City, Missouri, has died.... More >>
35 minutes ago Sunday, January 19 2020 Jan 19, 2020 Sunday, January 19, 2020 10:22:15 AM CST January 19, 2020 in News
ASHLAND- Dozens of children from across mid-Missouri came together to play and learn about a potential profession at the annual... More >>
16 hours ago Saturday, January 18 2020 Jan 18, 2020 Saturday, January 18, 2020 6:53:00 PM CST January 18, 2020 in News
ST. LOUIS — Thousands of St. Louis-area families were freed from a major financial burden thanks to a charitable effort... More >>
16 hours ago Saturday, January 18 2020 Jan 18, 2020 Saturday, January 18, 2020 6:25:00 PM CST January 18, 2020 in News
COLUMBIA - With more than 450 attendees, Bur Oak brewery was packed for the fifth annual 2020 MO Bacon &... More >>
18 hours ago Saturday, January 18 2020 Jan 18, 2020 Saturday, January 18, 2020 4:48:00 PM CST January 18, 2020 in News
KANSAS CITY, Mo. - A few days after her son was born on Super Bowl Sunday Ellen Gill learned he... More >>
20 hours ago Saturday, January 18 2020 Jan 18, 2020 Saturday, January 18, 2020 2:18:00 PM CST January 18, 2020 in News
COLUMBIA - Police arrested a man in connection to shots fired reported on Friday night at the Walmart on Broadway,... More >>
20 hours ago Saturday, January 18 2020 Jan 18, 2020 Saturday, January 18, 2020 2:03:00 PM CST January 18, 2020 in News
KANSAS CITY, Mo. (AP) — The owner of a tourist duck boat that sank in a Missouri... More >>
22 hours ago Saturday, January 18 2020 Jan 18, 2020 Saturday, January 18, 2020 12:56:00 PM CST January 18, 2020 in News
FULTON - Inspirational speaker and former Minor League Baseball outfielder Chris Singleton, who lost his mother in a shooting at... More >>
1 day ago Saturday, January 18 2020 Jan 18, 2020 Saturday, January 18, 2020 9:01:00 AM CST January 18, 2020 in News
COLUMBIA – The city of Columbia reporter hundreds of residents were without power Friday afternoon in east central Columbia, in... More >>
1 day ago Friday, January 17 2020 Jan 17, 2020 Friday, January 17, 2020 6:03:00 PM CST January 17, 2020 in News
KANSAS CITY, Mo. (AP) — Former Walmart Inc. chief executive David Glass, who owned the Kansas City Royals for nearly... More >>
1 day ago Friday, January 17 2020 Jan 17, 2020 Friday, January 17, 2020 5:24:21 PM CST January 17, 2020 in News
MID-MISSOURI - Another week in January, and another winter storm. This time around it will likely all happen in one... More >>
1 day ago Friday, January 17 2020 Jan 17, 2020 Friday, January 17, 2020 4:46:00 PM CST January 17, 2020 in Weather
COLUMBIA- The Columbia Fire Department is reminding residents to make sure their home is safe during these cold temperatures. ... More >>
1 day ago Friday, January 17 2020 Jan 17, 2020 Friday, January 17, 2020 4:03:00 PM CST January 17, 2020 in News
COLUMBIA - Boone Hospital Center will hold a job fair specifically for former employees of Pinnacle Hospital on Tuesday. The... More >>
1 day ago Friday, January 17 2020 Jan 17, 2020 Friday, January 17, 2020 3:12:00 PM CST January 17, 2020 in News
FULTON - Police arrested a second suspect involved in a burglary Friday afternoon near W. 7th and Airway. Police... More >>
1 day ago Friday, January 17 2020 Jan 17, 2020 Friday, January 17, 2020 3:05:00 PM CST January 17, 2020 in News
JEFFERSON CITY - Sleet and freezing rain hit across mid-Missouri throughout the day Friday. Jefferson City Public Works director... More >>
1 day ago Friday, January 17 2020 Jan 17, 2020 Friday, January 17, 2020 2:52:00 PM CST January 17, 2020 in News
COLUMBIA - The last flight to land at Columbia Regional Airport Friday touched down at 10:00 a.m. Those departing the... More >>
1 day ago Friday, January 17 2020 Jan 17, 2020 Friday, January 17, 2020 2:52:00 PM CST January 17, 2020 in News
COLUMBIA - The city of Columbia is reporting more than 1,000 people are without power in east central Columbia, in... More >>
1 day ago Friday, January 17 2020 Jan 17, 2020 Friday, January 17, 2020 2:26:12 PM CST January 17, 2020 in News
FULTON - Officers took two suspects into custody after investigating a report of a stolen package in the residential area... More >>
1 day ago Friday, January 17 2020 Jan 17, 2020 Friday, January 17, 2020 2:03:00 PM CST January 17, 2020 in News
Columbia, MO
Broken Clouds 14°
11am 17°
12pm 18°
1pm 20°
2pm 20°