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This Week in Petroleum

Release Date: March 15, 2023 Next Release Date: March 22, 2023
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Residential propane prices (dollars per gallon)

Residential propane prices (dollars per gallon) more price data ›
  Year ago Most recent
  03/14/22 03/13/23 03/06/23 02/27/23 02/20/23 02/13/23 02/06/23 01/30/23
Average 3.019 2.694 2.694 2.696 2.702 2.706 2.708 2.710
East Coast (PADD 1) 3.761 3.403 3.400 3.395 3.397 3.405 3.412 3.421
New England (PADD 1A) 4.000 3.595 3.603 3.587 3.582 3.590 3.600 3.608
Central Atlantic (PADD 1B) 3.639 3.283 3.275 3.267 3.274 3.284 3.285 3.293
Lower Atlantic (PADD 1C) 3.681 3.366 3.363 3.371 3.375 3.378 3.389 3.399
Midwest (PADD 2) 2.623 2.283 2.286 2.288 2.294 2.297 2.298 2.300
Gulf Coast (PADD 3) 3.165 2.943 2.945 2.948 2.954 2.962 2.964 2.964
Rocky Mountain (PADD 4) 2.724 2.536 2.547 2.547 2.555 2.553 2.532 2.523

Wholesale propane prices (dollars per gallon)

Wholesale propane prices (dollars per gallon) more price data ›
  Year ago Most recent
  03/14/22 03/13/23 03/06/23 02/27/23 02/20/23 02/13/23 02/06/23 01/30/23
Average 1.611 0.969 1.068 0.992 0.993 1.048 1.031 1.144
East Coast (PADD 1) 1.708 1.072 1.164 1.075 1.066 1.123 1.115 1.222
Central Atlantic (PADD 1B) 1.814 1.122 1.217 1.128 1.120 1.180 1.170 1.291
Lower Atlantic (PADD 1C) 1.517 0.997 1.084 0.997 0.985 1.039 1.032 1.118
Midwest (PADD 2) 1.583 0.923 1.028 0.955 0.954 1.009 0.988 1.107
Gulf Coast (PADD 3) 1.563 0.972 1.038 0.970 0.960 1.003 0.997 1.070
Rocky Mountain (PADD 4) 1.554 0.925 1.020 1.012 1.228 1.280 1.244 1.389

Propane/propylene stocks (million barrels) and days of supply

Propane/propylene stocks (million barrels) more stock data ›
  Year ago Most recent
  03/11/22 03/10/23 03/03/23 02/24/23 02/17/23 02/10/23 02/03/23 01/27/23
U.S. 33.308 60.970 60.053 60.590 63.336 66.297 68.874 73.181
East Coast (PADD 1) 2.950 6.503 5.709 5.252 5.778 5.475 5.388 6.443
New England (PADD 1A) 0.394 0.361 0.199 0.281 0.360 0.448 0.304 0.394
Central Atlantic (PADD 1B) 1.871 5.103 4.322 3.711 4.077 3.630 3.666 4.589
Lower Atlantic (PADD 1C) 0.685 1.039 1.188 1.259 1.341 1.397 1.418 1.460
Midwest (PADD 2) 8.828 13.509 13.878 15.836 17.081 17.868 19.654 20.938
Gulf Coast (PADD 3) 19.156 38.397 37.904 36.813 37.700 40.063 40.838 42.557
Rocky Mtn & West Coast (PADD 4 & 5) 2.374 2.561 2.561 2.689 2.778 2.891 2.994 3.244
Nonfuel Use NA NA NA NA NA NA NA NA
Days of supply (number of days) more supply data ›
  Year ago Most recent
  03/11/22 03/10/23 03/03/23 02/24/23 02/17/23 02/10/23 02/03/23 01/27/23
U.S. 21.9 52.9 48.8 43.7 44.6 48.9 46.7 55.5
Note: Days of Supply calculated as: U.S. propane/propylene stocks / Four-week average U.S. propane/propylene product supplied (implied demand)

Regional propane and/or propylene production, imports, U.S. exports (million barrels per day)

Regional propane/propylene production (million barrels per day)more production data ›
  Year ago Four-week averages Year ago Week ending
  03/11/22 03/10/23 03/03/23 02/24/23 03/11/22 03/10/23 03/03/23 02/24/23
U.S. 2.384 2.408 2.389 2.384 2.366 2.433 2.414 2.382
East Coast (PADD 1) 0.235 0.260 0.256 0.252 0.244 0.269 0.270 0.254
Midwest (PADD 2) 0.484 0.474 0.471 0.475 0.490 0.489 0.472 0.461
Gulf Coast (PADD 3) 1.423 1.457 1.449 1.439 1.380 1.474 1.455 1.437
Propane imports (million barrels per day) more import data ›
  Year ago Four-week averages Year ago Week ending
  03/11/22 03/10/23 03/03/23 02/24/23 03/11/22 03/10/23 03/03/23 02/24/23
U.S. 0.165 0.148 0.144 0.161 0.138 0.167 0.121 0.140
East Coast (PADD 1) 0.067 0.056 0.048 0.046 0.055 0.080 0.046 0.046
Midwest (PADD 2) 0.051 0.037 0.040 0.049 0.037 0.032 0.036 0.034
Gulf Coast (PADD 3) 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
Propane exports (million barrels per day) more export data ›
  Year ago Four-week averages Year ago Week ending
  03/11/22 03/10/23 03/03/23 02/24/23 03/11/22 03/10/23 03/03/23 02/24/23
U.S. exports 1.337 1.595 1.617 1.609 1.290 1.756 1.377 1.571

Propane/propylene demand (million barrels per day)

Propane/propylene demand (million barrels per day) more production data ›
  Year ago Four-week averages Year ago Week ending
  03/11/22 03/10/23 03/03/23 02/24/23 03/11/22 03/10/23 03/03/23 02/24/23
Propane/Propylene 1.519 1.152 1.231 1.386 1.532 0.713 1.234 1.343

Abbreviations: NA = Not Available  |  W = Data Withheld