Propane Prices
Several factors influence propane prices. Since propane is produced as a byproduct of crude oil and natural gas processing, propane prices are influenced by the prices of both of these products. Propane prices are also influenced by the available inventory of propane at major supply points as well as propane demand across the United States and around the world. Since propane is used by millions of homes as a heating fuel, propane inventories are typically lower during the winter season and higher during the summer season. Hence, propane prices generally increase during the winter months and generally decrease during the summer months. Many propane suppliers offer a variety of propane payment plans to help propane consumers pay for their winter propane consumption over a period of months.