Current Propane Prices In Michigan

Picture of Current Propane Prices In Michigan

With the United States Energy Information Administration resuming its weekly heating oil and propane update in October 2013, it is easier to establish trends and have benchmarks for current propane prices. Remember that the propane price per gallon you are charged by your propane company might be different so get accurate quotes before signing a propane supply agreement. Still, this is a good indication as to the variations you can expect in current propane prices from propane companies.

Current propane prices per gallon are higher than they were last year According to the US EIA, the average national current propane price is $2.76 per gallon (23 December 2013). Since the beginning of the 2013-2014 winter season, they have increased almost 17%. Furthermore, this does not compare well compared to last years’ propane price per gallon of $2.24 for the same period. Therefore, we can expect propane companies to charge proportionately higher propane prices per gallon over the 2013-2014 winter season than they did last year.

However, current propane prices per gallon remain lower than they were at the start of the 2011-2012 winter season, which is reassuring. Current propane prices per gallon compared to the beginning of the 2013-2014 winter season Since the beginning of the current winter season, overall current propane prices have increased by almost 17% or $0.40 per gallon. The greatest total increase in propane prices per gallon is currently in Indiana, where propane prices have gone up by 0.

70 per gallon. The greatest relative increase in propane prices per gallon is currently in North Dakota, where propane prices have increased by 40,5%. The smallest total increase in propane prices per gallon is currently in North Carolina, where propane prices have increased $0.20 per gallon. The smallest relative increase in propane prices per gallon is currently in North Carlina, where propane prices have increased 6.

7%. State Propane price per gallon today (December 2013, $/gal) Propane price per gallon at beginnning of winter season (October 2013, $/gal) Variation ($/gal) Variation (%) US 2.76 2.36 0.40 16.95 Connecticut (CT) 3.32 2.96 0.36 12.30 Delaware (DE) 3.26 2.99 0.27 9.13 Indiana (IN) 2.76 2.06 0.70 34.03 Iowa (IA) 1.90 1.53 0.37 24.12 Kentucky (KY) 2.

43 2.12 0.31 14.39 Maine (ME) 3.11 2.68 0.43 15.93 Maryland (MD) 3.51 3.16 0.35 11.14 Massachusetts (MA) 3.39 3.14 0.25 8.06 Michigan (MI) 2.46 2.06 0.40 19.42 Minnesota (MN) 2.19 1.68 0.51 30.42 Missouri (MO) 2.15 1.8 0.35 19.50 Nebraska (NE) 1.88 1.54 0.34 21.82 New Hampshire (NH) 3.28 3.03 0.25 8.15 New Jersey (NJ) 3.

85 3.47 0.38 10.81 New York (NY) 3.38 2.86 0.52 18.18 North Carolina (NC) 3.14 2.94 0.20 6.70 North Dakota (ND) 2.19 1.56 0.63 40.51 Ohio (OH) 2.81 2.34 0.47 19.96 Pennsylvania (PA) 3.29 2.93 0.36 12.25 Rhode Island (RI) 3.90 3.55 0.35 9.80 South Dakota (SD) 2.01 1.58 0.43 27.47 Vermont (VT) 3.66 3.23 0.43 13.34 Virginia (VA) 3.

35 3.07 0.28 8.99 Wisconsin (WI) 2.11 1.68 0.43 25.71 Souce: EIA. This is what the difference in current propane prices translate into when filling a 500-gallon propane tank to 80% capacity, presuming that the propane tank is at 20% upon delivery (a 300-gallon purchase, there). State 300 gallons today ($) 300 gallons at beginning of winter season ($) Difference ($) Difference (%) US 813.

60 707.40 106.20 15.01 Connecticut (CT) 978.00 888.30 89.70 10.10 Delaware (DE) 962.70 895.50 67.20 7.50 Indiana (IN) 798.60 617.10 181.50 29.41 Iowa (IA) 563.10 458.10 105.00 22.92 Kentucky (KY) 712.80 635.70 77.10 12.13 Maine (ME) 899.10 803.40 95.70 11.91 Maryland (MD) 1,051.50 949.20 102.30 10.78 Massachusetts (MA) 1,010.

40 941.10 69.30 7.36 Michigan (MI) 707.70 618.60 89.10 14.40 Minnesota (MN) 639.00 502.50 136.50 27.16 Missouri (MO) 637.80 538.80 99.00 18.37 Nebraska (NE) 553.20 462.00 91.20 19.74 New Hampshire (NH) 976.80 908.10 68.70 7.57 New Jersey (NJ) 1,155.90 1,042.20 113.70 10.91 New York (NY) 1,000.50 859.20 141.30 16.45 North Carolina (NC) 934.

80 881.10 53.70 6.09 North Dakota (ND) 625.20 468.90 156.30 33.33 Ohio (OH) 826.20 703.20 123.00 17.49 Pennsylvania (PA) 982.20 879.30 102.90 11.70 Rhode Island (RI) 1,149.30 1,064.10 85.20 8.01 South Dakota (SD) 586.50 474.60 111.90 23.58 Vermont (VT) 1,077.00 968.10 108.90 11.25 Virginia (VA) 1,005.30 920.40 84.90 9.22 Wisconsin (WI) 607.

50 502.50 105.00 20.90 Current propane prices for filling a propane tank this week compared to last week The table below should help you monitor current propane prices from one week to the next and get an idea of how much a 500-gallon propane tank would cost to fill. This week, current propane prices are highest in Rhode Island ($1,169 to fill a propane tank), lowest in Nebraska ($562 to fill a propane tank).

Compared to last week, current propane prices have increased most in North Dakota (+6.18%) and Maine (+$33) and least in New Jersey (-0.21%/$2.40). State Filling a propane tank this week Filling a propane tank last week Variation ($) Variation (%) US 828.00 813.60 14.40 1.77 Connecticut (CT) 997.20 978.00 19.20 1.96 Delaware (DE) 978.90 962.70 16.20 1.68 Indiana (IN) 828.

30 798.60 29.70 3.72 Iowa (IA) 569.70 563.10 6.60 1.17 Kentucky (KY) 727.50 712.80 14.70 2.06 Maine (ME) 932.10 899.10 33.00 3.67 Maryland (MD) 1,053.60 1,051.50 2.10 0.20 Massachusetts (MA) 1,017.90 1,010.40 7.50 0.74 Michigan (MI) 738.00 707.70 30.30 4.28 Minnesota (MN) 657.30 639.00 18.30 2.86 Missouri (MO) 645.30 637.

80 7.50 1.18 Nebraska (NE) 562.80 553.20 9.60 1.74 New Hampshire (NH) 983.10 976.80 6.30 0.64 New Jersey (NJ) 1,153.50 1,155.90 -2.40 -0.21 New York (NY) 1,014.00 1,000.50 13.50 1.35 North Carolina (NC) 941.10 934.80 6.30 0.67 North Dakota (ND) 657.60 625.20 32.40 5.18 Ohio (OH) 842.10 826.20 15.90 1.92 Pennsylvania (PA) 986.

70 982.20 4.50 0.46 Rhode Island (RI) 1,169.40 1,149.30 20.10 1.75 South Dakota (SD) 604.20 586.50 17.70 3.02 Vermont (VT) 1,098.30 1,077.00 21.30 1.98 Virginia (VA) 1,003.80 981.90 21.90 2.23 Wisconsin (WI) 633.60 607.50 26.10 4.30 Propane price source: US Energy Information Administration Analysis of current propane prices trends per gallon US EIA data does not cover all states but here are some rough trends on current propane prices per gallon compared to the same period last year: On the whole, US current propane prices per gallon are 18.

76% more expensive than they were last year. Most expensive current propane price: Rhode Island has the most expensive propane price at an average of $3.898 per gallon. Highest variation between current and former propane prices: North Dakota’s current propane price is 48.91% more expensive now than it was over the same period in 2012. Cheapest current propane price: Nebraska currently has the lowest average propane price at an average of $1.

876 per gallon. Lowest variation between current and former propane prices: in New Hampshire, the current propane price is 4.86% lower than it was over the same period in 2012. Here are the detailed data: State Propane price per gallon today (December 2013, $/gal) Propane price per gallon last year (December 2012, $/gal) Variation ($/gal) Variation (%) US 3.32 2.80 0.525 18.76 Connecticut (CT) 3.

324 2.799 0.525 18.76 Delaware (DE) 3.263 3.065 0.198 6.46 Indiana (IN) 2.761 1.899 0.862 45.39 Iowa (IA) 1.899 1.405 0.494 35.16 Kentucky (KY) 2.425 2.095 0.33 15.75 Maine (ME) 3.107 2.703 0.404 14.95 Maryland (MD) 3.512 3.145 0.367 11.67 Massachusetts (MA) 3.393 3.128 0.265 8.47 Michigan (MI) 2.46 2.015 0.445 22.

08 Minnesota (MN) 2.191 1.573 0.618 39.29 Missouri (MO) 2.151 1.654 0.497 30.05 Nebraska (NE) 1.876 1.324 0.552 41.69 New Hampshire (NH) 3.277 3.125 0.152 4.86 New Jersey (NJ) 3.845 3.296 0.549 16.66 New York (NY) 3.38 2.852 0.528 18.51 North Carolina (NC) 3.137 2.708 0.429 15.84 North Dakota (ND) 2.192 1.472 0.72 48.91 Ohio (OH) 2.

807 2.245 0.562 25.03 Pennsylvania (PA) 3.289 2.872 0.417 14.52 Rhode Island (RI) 3.898 3.368 0.53 15.74 South Dakota (SD) 2.014 1.427 0.587 41.14 Vermont (VT) 3.661 3.254 0.407 12.51 Virginia (VA) 3.346 2.869 0.477 16.63 Wisconsin (WI) 2.112 1.517 0.595 39.22 Pricing data from the US Energy Information Administration Impact of current propane prices per gallon on filling a propane tank Imagine your propane price per gallon was on par with state averages established by the US EIA: Well, if your home is in Nebraska, filling a 500-gallon propane tank (300 gallons if you are at 20% capacity and fill it to 80%) will cost you $562 at current average propane prices per gallon, compared to $397 last year.

That is $165 more expensive. Ohio is more representative of national trends and the same amount of propane will cost you $842 at current propane prices, while you would have paid $673 last year, so over $168 difference. Here is the current propane prices per gallon comparison per state when filling a 500-gallon propane tank to give you a better idea: State 300 gallons today ($) 300 gallons last year ($) Difference ($) US 997.

20 839.70 157.50 Connecticut (CT) 997.20 839.70 157.50 Delaware (DE) 978.90 919.50 59.40 Indiana (IN) 828.30 569.70 258.60 Iowa (IA) 569.70 421.50 148.20 Kentucky (KY) 727.50 628.50 99.00 Maine (ME) 932.10 810.90 121.20 Maryland (MD) 1,053.60 943.50 110.10 Massachusetts (MA) 1,017.90 938.40 79.50 Michigan (MI) 738.00 604.50 133.

50 Minnesota (MN) 657.30 471.90 185.40 Missouri (MO) 645.30 496.20 149.10 Nebraska (NE) 562.80 397.20 165.60 New Hampshire (NH) 983.10 937.50 45.60 New Jersey (NJ) 1,153.50 988.80 164.70 New York (NY) 1,014.00 855.60 158.40 North Carolina (NC) 941.10 812.40 128.70 North Dakota (ND) 657.60 441.60 216.00 Ohio (OH) 842.10 673.50 168.

60 Pennsylvania (PA) 986.70 861.60 125.10 Rhode Island (RI) 1,169.40 1,010.40 159.00 South Dakota (SD) 604.20 428.10 176.10 Vermont (VT) 1,098.30 976.20 122.10 Virginia (VA) 1,003.80 860.70 143.10 Wisconsin (WI) 633.60 455.10 178.50

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Find the latest Propane Prices here What Influences Propane Prices? What will propane gas cost to fill your tank this year? What kind of price can I expect from my propane supplier? Propane prices occasionally spike, increasing disproportionately beyond that expected from normal supply/demand fluctuations. The main cause appears to lie in the logistical difficulty of obtaining resupply during the peak heating season.

Because propane is produced at a relatively steady rate year-round by refineries and gas processing plants, there is no ready source of incremental production when supplies run low. Propane wholesalers and retailers are forced to pay higher prices as propane markets are bid higher due to dwindling supply. Consequently, higher propane prices are simply passed on to consumers. Imports do not offer much cushion for unexpected demand increases or supply shortages due to the long travel time.

On the other hand, when propane prices do spike, the petrochemical sector may cut back on its use, thus freeing up supplies for other uses. Propane prices are subject to a number of influences, some common to all petroleum products, and others unique to propane. Because propane is portable, it can serve many different markets, from fueling barbecue grills to producing petrochemicals. The price of propane in these markets is influenced by many factors, including the prices of competing fuels in each market; the distance propane has to travel to reach a customer; and the volumes used by a customer.

More especially, propane prices are affected by Crude Oil and Natural Gas Prices. Although propane is produced from both crude oil refining and natural gas processing, its price is influenced mainly by the cost of crude oil. This is because propane competes mostly with crude oil-based fuels. The EIA updates the weekly prices from October to March each year. 12/28/2015 1/4/2016 1/11/2016 1/18/2016 East Coast (PADD 1) 2.

716 2.733 2.736 New England (PADD 1A) 2.711 2.723 2.742 Connecticut 2.491 2.473 2.472 Maine 2.204 2.217 2.204 Massachusetts 2.775 2.829 2.862 2.868 New Hampshire 2.848 2.861 2.868 2.901 Rhode Island 3.314 3.325 3.346 3.343 Vermont 2.985 3.028 3.037 3.107 Central Atlantic (PADD 1B) 2.64 2.666 2.666 Delaware 2.826 2.822 2.827 Maryland 2.665 2.678 2.681 New Jersey 3.279 3.306 3.308 3.304 New York 2.

437 2.417 2.434 2.475 Pennsylvania 2.729 2.68 2.727 2.685 Lower Atlantic (PADD 1C) 2.807 2.818 2.815 Florida 4.637 4.643 4.653 Georgia 2.053 2.061 2.053 North Carolina 2.348 2.331 2.348 2.342 Virginia 2.705 2.707 2.711 2.707 Midwest (PADD 2) 1.459 1.469 1.476 Illinois 1.324 1.326 1.337 Indiana 1.681 1.695 1.726 Iowa 1.008 1.015 1.01 1.009 Kansas 1.157 1.156 1.152 1.147 Kentucky 1.776 1.

792 1.828 1.824 Michigan 1.751 1.75 1.761 1.764 Minnesota 1.299 1.308 1.315 1.323 Missouri 1.364 1.373 1.399 1.407 Nebraska 1.034 1.029 1.033 1.019 North Dakota 1.011 1.011 1.009 1.009 Ohio 2.13 2.086 2.128 2.15 Oklahoma 1.533 1.526 1.525 1.526 South Dakota 1.077 1.075 1.077 1.076 Tennessee 3.089 3.162 3.172 3.181 Wisconsin 1.214 1.214 1.213 1.221 Gulf Coast (PADD 3) 2.201 2.211 2.212 Alabama 2.

613 2.623 2.639 Arkansas 1.986 2.004 2.015 Mississippi 2.046 2.037 2.053 2.054 Texas 2.119 2.14 2.143 2.127 Rocky Mountain (PADD 4) 1.833 1.84 1.845 Colorado 1.805 1.809 1.814 Idaho 2.099 2.154 2.154 Montana 1.578 1.569 1.567 1.577 Utah 2.304 2.304 2.301 2.298   Use these prices as a guide when shopping for prices from propane dealers. Continue Reading

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