Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

NickB79

(19,233 posts)
Mon Jan 27, 2014, 02:18 PM Jan 2014

Analysis: Propane freeze squeeze may harden resistance to U.S. oil exports

http://www.reuters.com/article/2014/01/26/us-energy-propane-usa-analysis-idUSBREA0P0K520140126

(Reuters) - A shortage of propane heating fuel during a brutal U.S. cold snap this month threatens to sharpen the year's most urgent energy policy debate - how much of its newfound shale oil and gas bounty should America export?

Millions felt the pinch last week as another wave of biting, bitter cold strained already low propane supplies in the Midwest, causing prices to surge three-fold over two weeks to record highs and forcing suppliers to ration deliveries.

While the shortage was likely caused by a confluence of events, including extraordinary cold, a temporary pipeline shut-down, and low stocks, some industry observers and at least one politician blamed the spike in part on soaring exports of liquefied petroleum gases (LPGs) such as propane.


Good. It's time Americans realized energy companies have no national loyalty, only loyalty to money, and will fuck over Americans for profit EVERY. CHANCE. THEY. GET.

Now if you'll excuse me, I have to throw a few more logs into my high-efficiency woodstove (my symbolic way of giving the energy companies the middle finger).
3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Analysis: Propane freeze squeeze may harden resistance to U.S. oil exports (Original Post) NickB79 Jan 2014 OP
The way Americans have effectively been fucking the planet for decades? Spider Jerusalem Jan 2014 #1
Personally I think we shouldn't allow any exports of any fuel for any reason madokie Jan 2014 #2
That's hilarious considering the US has been import-dependent since the 1970's. Spider Jerusalem Jan 2014 #3
 

Spider Jerusalem

(21,786 posts)
1. The way Americans have effectively been fucking the planet for decades?
Wed Jan 29, 2014, 10:51 PM
Jan 2014

Until very recently the USA was importing over half of its oil.

madokie

(51,076 posts)
2. Personally I think we shouldn't allow any exports of any fuel for any reason
Thu Jan 30, 2014, 02:08 AM
Jan 2014

No oil or gas to be exported.

Latest Discussions»Issue Forums»Environment & Energy»Analysis: Propane freeze ...