We periodically research and post information pertaining to wholesale propane price information for our website visitors based on EIA data. Below you will find a listing of approximate wholesale propane price changes between the weeks of November 9, 2015 and November 16, 2015 for the fifteen states and U.S categories that are available through the EIA database.
When viewing the information below and comparing to the changes in retail propane pricing for similar dates, please note that it is generally not accurate attempting to align wholesale propane prices and retail propane prices by date as an ‘exact science’. The reason being that time lapses generally occur while existing propane inventory is delivered, wholesale inventories are typically depleted quickly during the winter season and existing wholesale inventory is likely blended with deliveries of new wholesale propane product – making it impossible to extract and align current wholesale propane pricing with current retail propane pricing. Other factors not listed may also impact the wholesale and retail propane prices adding to the difficulty in determining exact propane pricing on specific dates into the future.
However, it is generally useful to review changing retail and wholesale propane pricing histories over several weeks to gain an understanding of the recent directional trend of both wholesale and retail propane prices. For example, if you view the data and wholesale propane prices are showing a pattern of decreasing over three to four weeks, and your retail propane pricing (not on a fixed propane pricing plan) are increasing over the same time period, you may wish to contact your propane supplier for and explanation. If you are not comfortable with the propane suppliers explanation, it may make sense to consider contacting other local propane suppliers and with the goal of changing to a new supplier.
Appx. Wholesale Propane Pricing (EIA) between November 09, 2015 and November 16, 2015
United States Average Nov-09: 52.8/cents/gal. Nov-16: 49.0/cents/gal.
New Jersey Average Nov-09: 69.5/cents/gal. Nov-16: 66.1/cents/gal.
New York Average Nov-09: 64.8/cents/gal. Nov-16: 59.8/cents/gal.
Pennsylvania Average Nov-09: 62.2/cents/gal. Nov-16: 57.9/cents/gal.
North Carolina Average Nov-09: 53.3/cents/gal. Nov-16: 49.5/cents/gal.
Virginia Average Nov-09: 65.8/cents/gal. Nov-16: 57.8/cent/gal
Illinois Average Nov-09: 43.1/cents/gal. Nov-16: 42.1/cents/gal.
Indiana Average Nov-09: 51.6/cents/gal. Nov-16: 49.8/cents/gal.
Iowa Average Nov-09: 50.2/cents/gal. Nov-16: 45.9/cents/gal.
Kansas Average Nov-09: 47.1/cents/gal. Nov-16: 42.6/cents/gal.
Minnesota Average Nov-09: 50.7/cents/gal. Nov-16: 46.5/cents/gal
Missouri Average Nov-09: 52.5/cents/gal. Nov-16: 48.8/cents/gal.
Nebraska Average Nov-09: 48.3/cents/gal. Nov-16: 44.1/cents/gal.
North Dakota Average Nov-09: 39.1/cents/gal. Nov-16: 37.4/cents/gal.
Ohio Average Nov-09: 55.3/cents/gal. Nov-16: 52.2/cents/gal
South Dakota Average Nov-09: 49.9/cents/gal. Nov-16: 45.7/cents/gal.
Wisconsin Average Nov-09: 52.5/cents/gal. Nov-16: 48.7/cents/gal.
Best wishes to all for a Happy Thanksgiving Holiday!