Propane Prices Soar As Inventory

Concerns, Mount Ahead Of Winter,better stock up now,before you cant afford it anymore

Spot propane prices at Mont Belvieu, Texas, have reached their highest levels since 2014 ahead of the winter season on fears of low inventory. Energy inflation could be problematic for commercial and residential users of the fuel that heats building structures and powers vehicles, gas grills, patio heaters, generators, among many other uses. 

Propane is set up for a volatile ride this fall/winter season as supplies are about 20% below the five-year average for this time of year. The most recent U.S. Energy Department data shows inventories of around 70.8 million barrels.

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