Cost of propane on the rise

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GREENSBORO, N.C. -- The cost of staying warm is going up for many who use propane in the Triad.

This week, the price and the demand for propane gas have skyrocketed according to Will Berry, vice president of Berico Fuels, Inc. in Greensboro.

"It's off the charts high," Berry said.

Berry says the price of propane per gallon has jumped about 60 cents since Tuesday.

"To see it jump this high in a three-day period is unheard of,” he said.

The recent cold snap plus a propane shortage in the Midwest and other areas has made the gas a hot commodity with a growing price tag.

"Hopefully it levels out and goes back down not only for our sake but our customers’ sake," Berry said.

Duane Abbott owns a three bedroom house which he keeps warm with propane gas. He also uses it to power his gas stove and water heater.

He normally pays anywhere from $300 to $400 a month to fill up the tank behind his home but is now bracing himself for his next bill.

"I will put some money aside for it,” Abbott said. “We've got to stay warm, and we've got to have hot water and we've got to cook our dinner."

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