Listening to WMAL this morn, and a lady caller in Ohio just got her propane delivery to heat her home.
The bill for the month was $858.09.
Last year, the bill was $292.33.
Gotta love them Democrats, huh?
Propane is a commodity just like RBOB (gasoline) or WTI (crude oil) or Nat Gas.
And the prices are based on global supplies.
Here in America we have a technological advantage over most of the rest of the world because labor in America is extremely expensive. However... because of the global pandemic when labor became tight we continued to produce gasoline, oil, and natural gas. Because for America those industries are not very labor intensive to produce or deliver a lot of energy to various places. At most a couple of guys hundreds of miles from each other open valves or turn on pumps and it's over....
That's not exactly true for other oil producing nations where labor is very cheap and easily replaceable.
And this is where the trouble begins. Especially in countries like Europe which are dependent on energy sources outside of their own resources. Including uranium cores and etc for nuclear reactors.
Which is why there's a real shortage of fuels and energy resources at the moment.
Currently most energy supplies are being routed to India and China... because they make a lot of the nasty precursor chemicals or finished medicines that the world needs at the moment. Steel production for cargo containers.
And since China has pissed off most of the far east there's not much fuel suppliers willing to do business with them anymore if they could produce fuels.
And because of Chinese communist engineering they are extremely inefficient with the use of the fuels they do get.
So there's plenty of NGLs (natural gas liquids) and we are exporting about double what we did last year... just be patient... 6 platforms (oil pumping and processing platforms) have arrived in the gulf and are getting set up and going. More are on the way. Biden opened the leases back up and we are going to be flush with more.
So...as the world slowly gets vaccinated and healthy again we will get back to the new normal.