drew on September 6, 2005 - 10:01am
Maybe a dumb question, but isn't there a relationship bewteen the propane and NG markets? I know there is a relationship, but am unsure of what the outlook is on propane?
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ClintB on September 6, 2005 - 12:34pm
I believe they are only slightly related, in the same way oil and NG prices are related as energy sources. Propane is a by product of oil refining, while natural gas is not. The market for propane is well supplied as a result of the increasing use of oil. At $1.10 per gallon, it may be one of the better energy deals...
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