RELY ON US FOR YOUR ENERGY NEEDS
Let the professionals at River Valley Cooperative shoulder the responsibility when it comes to your needs for propane, refined fuels and quality oils and lubricants.
Our monitored service will keep your propane tank full, so you never need to check the level or worry about running out.
We provide flexible contracts suited to your needs, which don’t require money down.
Our premium fuels contain additives to minimize downtime and maintenance costs, while maximizing productivity.
Our full-time account managers are ready and available in eastern Iowa and western Illinois – Boots On the Ground Year-Round!
For more information about our energy solutions or to order propane contact: 800-730-2838.
For a propane emergency, call: 563-357-0816. THIS NUMBER IS FOR AFTER-HOURS EMERGENCIES ONLY. River Valley Cooperative does not service appliances, furnaces, propane fireplaces, or water heaters. Please call a certified technician/appliance repair person for this type of service.
PROPANE EMERGENCY? CALL OUR 24/7 NUMBER: (563) 357-0816.
SAFE, WARM, RELIABLE PROPANE
River Valley Cooperative provides dependable service and a variety of propane contract options, so you can rest assured your home and business will remain fueled all year long.
SUPERIOR QUALITY REFINED FUELS
River Valley Cooperative offers a variety of bulk fuel options. Customers choose the delivery and contract options that work best for them, no matter the products needed. You can count on us to keep your operations running 365 days a year.
OIL & FLUIDS
River Valley Cooperative has partnered with RILCO, a local supplier, to provide customers access to premium oils, fluids, and other products.Energy Update | June 23rd
- WTI crude is very unsettled this morning as it started out higher and has since retracted to be down $0.93, trading at $72.97. ULSD NY is down two cents and RBOB is down over a penny. Propane started the day up just under a penny.
- Obviously, this past weekend bombing of Iran nuclear facilities by the U.S. has caused a great deal of volatility. Over the weekend crude skyrocketed but has since retracted as the key market risk premium event is the disruption Iran could cause in the Strait of Hormuz. 20% of the oil exports go through this strait, however analysts are saying the possibility of disruption is down to 20%. Key to the crude market is the lack of impact on Iran’s oil infrastructure and exports. Some tanker owners feel that China, who buys 90% of Iranian crude oil along with significant quantities of oil from the Middle East, is pressuring Iran not to disrupt shipping.
- Crude oil demand in the U.S. market has softened as OPEC+ producers, led by Saudi Arabia and Russia, added approximately 1.37 million barrels per day of supply since April according to Reuters. The surge in global oil availability has pressured U.S. exports, which fell from 4 million barrels per day in April to 3 million barrels per day in May.
- Last week the EIA announced a 1.5M bbl build in propane inventory, which was much less than expected. Hub prices closed the week on a high note, marking high trades during Friday afternoon trading. Directionally, hubs ended the week with a $0.02 gain.
ACCOUNT MANAGERS BY AREA
Tim Swamberger
(563) 221-3308
Iowa - North of Highway 30
Illinois - North of Interstate 88
Drake Dietrich
(309) 714-2596
Illinois - South of Interstate 88