When folks get tired of paying high electric bills, they often seek alternative energy sources. As the propane experts of Bulverde, TX, Low Price Gas has helped residents transition to a cheaper and more environmentally-friendly means of powering their home. Propane tends to provide more warmth than electric energy and offers a higher reliability because it’s stored in a tank. Electric energy, on the other hand, is vulnerable to power outages.

While taking care of your propane delivery, piping, and plumbing, the pros at Low Price Gas also take pride in educating their customers about pricing. The price of propane generally follows the price of oil, which has recently moved to historic lows. Here is an economic breakdown of oil from Bulverde's propane experts:

• Production: Over 40% of the world’s oil supply is tied to a group of 13 countries known as OPEC, which stands for the Organization of Petroleum Exporting Countries. The degree to which OPEC ramps up or slows down its production is a key factor affecting oil prices.
• Political Instability: Since some of the world’s top oil suppliers are countries with insecure government situations, prices often react to destabilizing political events. If a country experiences political unrest, speculators worry that oil production will suffer, causing prices to go up.
• Weather Changes: Price tends to follow demand, and the demand for oil is generally affected by the weather. In winter, more homes need oil to meet their heating needs, while in the warmer seasons, people tend to drive more. In times when these consumer needs decrease, prices go down as well.

Since they are able to offer impressively low prices, the propane experts at Low Price Gas welcome further conversation with customers about economics. To enlist their services for any of your propane needs, call (830) 980-2600 today.