|Published: 8:11 PM, 11/09/2012
Author: David Popiel
Source: The Newport Plain Talk
Jefferson Cocke County Utility District (JCCUD) General
Manager Tommy Bible said the massive tropical storm that struck the northeast
has had little to no impact on natural gas prices or availability in East
Demand for propane and oil-based products such as
gasoline had already been falling. Natural gas prices, including the local
rate, were lower last month. Bible said commissioners approved a rate for
residential users of $1.01 per decatherm and 39 cents for interruptible
At the national level, propane storage is usually about
60 million gallons level just before the arrival of winter. This year there are
more than 75 million gallons of propane in storage.
JCCUD's propane storage is full and prices are stable and
expected to stay that way this winter.
For more details, please see the weekend edition of the
Newport Plain Talk.
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