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The propane price per gallon today is lowest in Iowa, where propane gas costs an average of $1.525 per gallon. And compared to last year , the propane price per gallon today is lowest in New Hampshire, where the average propane price has decreased by 3.5% since the same period in 2012.
The contract size is 42,000 gallons and takes its name from the city of Mont Belvieu,TX due to it's massive gas storage facility.The Propane prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments.
Notes: Weekly heating oil and propane prices are only collected during the heating season which extends from October through March. Due to updated weighting methodology, national and regional residential heating oil and propane prices from October 2009 to March 2013 have been revised since they were first published.
US Residential Propane Price measures the price in USD per gallon of propane. This indicator is important to track because of its significance to consumers who use propane for uses like heating. Historically, propane prices peaked in the winter of 2014, when the per gallon cost reached as high as 4.01.
The price you pay per gallon of propane will inevitably be an important factor in choosing your propane company. Yet finding a good price per gallon is confusing since Internet forums are filled with prices ranging from $1 to $6 per gallon.
Weekly Fuel Price Watch Here is the weekly update for fuel price of power used by electric cooperatives and their members. In some cases, these represent averages across the country or in particular regions, and might differ from local market prices.
Finally – since propane prices change often we scour the market for the lowest possible price on propane service and pass the savings along to you. Propane Delivery Prices in Georgia are at historical lows! Today, the propane market is facing a glut which translates in major savings for consumers that consume propane or liquid propane.
Today's Propane Spot Price $0.75 426. Your cost is based on the current wholesale price per gallon ($0.75 426 as of 3/9/2020) plus*:
Propane () is a three-carbon alkane with the molecular formula . It is a gas at standard temperature and pressure, but compressible to a transportable liquid. A by-product of natural gas processing and petroleum refining, it is commonly used as a fuel. Propane is one of a group of liquefied petroleum gases (LP gases). The others include butane, propylene, butadiene, butylene, isobutylene, and mixtures thereof.
Comparison of natural gas prices in Japan, United Kingdom, and United States, 2007-2011 Natural gas prices at the Henry Hub in US Dollars per MMBtu for the 2000-2010 decade. Price per million BTU of oil and natural gas in the US, 1998-2015Natural gas prices, as with other commodity prices, are mainly driven by supply and demand fundamentals. However, natural gas prices may also be linked to the price of crude oil and/or petroleum products, especially in continental Europe. Natural gas prices in the US had historically followed oil prices, but in the recent years, it has decoupled from oil and are now trending somewhat with coal prices. The current surge in unconventional oil and gas in the U.S. has resulted in lower gas prices in the U.S. This has led to discussions in Asian oil-linked gas markets to import gas based on the Henry Hub index, which was, until very recently, the most widely used reference for US natural gas prices. Depending on the marketplace, the price of natural gas is expressed in US dollars (or other currency) per 1 million British thermal units (MMBtu), thousand cubic feet (Mcf), or 1,000 cubic meters. Note that, for natural gas price comparisons, $ per MMBtu multiplied by 1.025 = $ per Mcf of pipeline-quality gas, which is what is delivered to consumers. For rough comparisons, one million Btu is approximately equal to a thousand cubic feet of natural gas. Pipeline-quality gas has a BTU value slightly higher than that of pure methane, which has 1,012 BTU per cubic foot. Natural gas as it comes out of the ground is most often predominantly methane, but may have a wide range of BTU values, from much lower (due to dilution by non-hydrocarbon gases) to much higher (due to the presence of ethane, propane, and heavier compounds) than standard pipeline-quality gas.