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Controlled Price of Butane Set to Increase

Ten days ago, we reported on an increase in the wholesale and retail prices of LPG – or what many of us refer to as butane. Unfortunately, the Bureau of Standards is reporting that prices will shoot up again come Saturday. A release says that the wholesale prices is jumping eleven cents per gallon from three dollars eighty-six cents, the price it was on June twenty-eight, to three dollars ninety-seven cents tomorrow. The retail price jumps from a dollar twenty-four cents per pound in the cities and towns. The per-gallon price jumps eleven cents too from five dollars forty-six cents to five dollars fifty-seven cents. In the nation’s rural communities, it will sell a dollar twenty-nine cents per pound, up from a dollar twenty-six. However, the per-gallon price increases from five dollars fifty-six cents to five dollars sixty-seven cents. The bureau says that a negligible decrease in butane prices in August was insufficient to stave off the upward swing in the acquisition prices of propane.