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Inergy, L.P. Message Board

  • beautyseer beautyseer Nov 23, 2005 5:07 PM Flag

    Winter Prospects

    The guys who run this company are smart guys, who emphasized in their most recent webcast that they intend NRGY to prosper and benefit from their other offerings, not be overshadowed by them.

    Now I see some data from the national Energy Information Administration that says the propane industry should be a very profitable one this year. 6.6 million households use propane as their primary heating fuel. The EIA estimates that the average propane heating household will use 818 gallons of fuel this winter, up 3.5% from last year.

    The average residential price of propane is expected to be $1.73 per gallon, up a whopping 22.1% from last year. The amount the average propane heating household will spend to heat this winter is expected to be up 26.4%.

    This company is well-positioned to make the most of that potential.

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