Propane Prices & News This Week

This is where I keep track of the propane market each week: wholesale prices, national supply, home heating prices by state and what it all means for your next delivery. The charts and tables update automatically from official U.S. Energy Information Administration data, and every week I add a short, plain-English take on what changed.

Data: EIA, updated automatically every week · By Nathan Brooks · Page reviewed Oct. 15, 2026

This weekLoading the latest EIA data…
Home propane (U.S.)$2.60EIA, Oct. 5, 2026
Wholesale (Mont Belvieu)–
U.S. inventories–

Wholesale propane price, last 6 months

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Weekly average spot price at Mont Belvieu, Texas (EIA). This is the line I watch most closely: wholesale prices move first, and home delivery prices usually follow weeks later and move less.

Home heating propane prices by state

StatePrice per gallonWeek of
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The EIA surveys residential propane prices weekly from October through March. Outside that season, the table shows the last prices of the previous winter.

State guides: last winter’s prices week by week, fill costs and local help for Michigan · Minnesota · New York · Ohio · Pennsylvania · Wisconsin. All 38 surveyed states compared with last year: propane prices by state.

My take this week

Week of Oct. 5, 2026

Home propane starts the heating season a little cheaper than last spring, but higher than a year ago. The EIA’s weekly survey of home propane prices is back. On Oct. 5, the U.S. average was $2.60 a gallon, down from $2.67 at the end of March but about 18¢ above the $2.42 of early October 2025. North Dakota ($1.61) and Iowa ($1.63) had the lowest prices; Florida ($4.86) and Connecticut ($4.21) the highest.

Supply remains strong. U.S. inventories were 107.8 million barrels in the week ending Oct. 2, down 1.8 million from the week before but about 7% above a year earlier. Wholesale propane at Mont Belvieu, Texas, rose for a fifth straight week to about 90¢ a gallon, up from 68¢ a year ago. The EIA’s Winter Fuels Outlook, released Oct. 6, still expects propane-heated homes to spend less on average than last winter.

What it means for you: wholesale increases usually reach home delivery prices a few weeks later, so compare two or three local quotes before you fill or sign a pre-buy, and schedule deliveries when your tank reaches about 30%. If heating costs are a strain, check your state’s LIHEAP program, which often opens applications in the fall.

Earlier weeks

Update, Oct. 2, 2026

Supply is solid, but wholesale prices keep climbing. U.S. propane inventories rose to 109.6 million barrels in the week ending Sept. 25, up about 1.8 million barrels from the week before and 6% more than a year earlier. Wholesale propane at Mont Belvieu averaged about 88¢ a gallon, up four weeks in a row from about 69¢ at the end of August.

Coming up: the EIA publishes its Winter Fuels Outlook on Oct. 6, with forecasts for this winter’s heating bills. Its weekly survey of home propane prices also returns in October, and we’ll post the first new state prices here as soon as they’re out.

What it means for you: wholesale moves usually reach home delivery prices a few weeks later. If you still need a fill or a pre-buy contract, compare two or three local quotes now. Supply looks comfortable nationally, but stocks in the Central Atlantic region (New York, New Jersey, Pennsylvania, Delaware and Maryland) have been running below their five-year average, so homes there have more reason to fill early.

Week of Sept. 28, 2026

Propane heads into winter with plenty in storage. U.S. inventories stood at 107.9 million barrels on Sept. 18, about 8% more than at the same point last year. That cushion matters: when a cold snap hits, strong stocks make it less likely that suppliers run short.

Wholesale prices have firmed up, though. Propane at Mont Belvieu rose to about 86¢ a gallon, its highest level in the past six months and up from a summer low near 66¢. Home delivery prices usually follow wholesale moves with a delay of several weeks.

What it means for you: if you haven’t filled your tank or signed a pre-buy yet, get two or three quotes now, before heating demand picks up in October. The EIA’s weekly survey of home propane prices restarts in early October, and we’ll update this page as soon as the first numbers are out.

Why home propane costs much more than wholesale

Wholesale propane is often under $1 a gallon, but homeowners pay two to three times that, and people are often surprised by the gap. The difference covers trucking from the hub to local storage, delivery in smaller trucks, tank rental and maintenance, safety inspections, and the supplier’s costs and margin. Those costs vary a lot from one company to the next, which is why prices can differ so much in the same town. It’s the best argument there is for getting more than one quote.

Your propane calendar

WhenWhat to do
Late summer to early fallFill your tank and compare pre-buy offers while demand is low.
OctoberEIA weekly home prices restart. Apply for heating help (LIHEAP) as soon as your state opens applications.
November to FebruaryPeak use. Order at 30% on the gauge; deliveries can slow down during cold snaps.
MarchLast EIA weekly prices of the season. Check what you used this winter to plan next year.

Plan your winter with our propane heating cost calculator, see whether a heat pump or electric heat would cost less, and check help paying for propane if the bill is too high.

Quick answers

What is the price of propane per gallon right now?

See the cards at the top of this page. They show the latest EIA U.S. average for home heating propane and the weekly wholesale price, both updated automatically.

When does the EIA update propane prices?

The EIA publishes weekly residential propane prices from October through March. Wholesale prices and national inventories are published all year.

Are propane prices going up or down?

Watch the wholesale chart above. Wholesale prices lead home prices by several weeks. High national inventories usually help keep winter prices steadier.

Why is my propane price higher than the average?

Averages hide big differences between suppliers, areas and contract types. Small, will-call or emergency deliveries usually cost more than automatic or pre-buy deliveries.

Keep saving

Sources

EIA Heating Oil and Propane Update · EIA spot prices · EIA weekly propane inventories

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