YAY!
Just thought I'd update you all. Last night we went back out and wrapped heat tape around and around the pipe starting at the base/ground level all the way to the top with about a 1 inch space between each wrap around the pipe (I only had one and had to make it work for the whole length), plugged that in and put a bucket upside down over the spigot. When I went out this morning it was unfrozen and working.
I've got a feeling something needs to be adjusted though, because when it is shut off tight the water still drips for a bit. I'm leaving the heat tape plugged in until I know I've got it resolved.
Thanks for all the help and suggestions!! I got PM's and even a phone call this morning.
I hurt my husbands feelings because I posted on the forum for help before I even told him what had happened (he read it on the forum before he heard it from me - oops!)
But thanks to you all, we got some great advice that saved us a lot of time, trouble and money.