Iowa Propane Prices

Retail Propane Prices Spike Due to Shortages

Propane gas prices in Iowa have doubled in the last month due to a high demand in supplies because of the recent colder than normal temperatures in the Midwest.

Supplies were lower than normal coming into the heating season because of high demand by farmers to dry their corn crops this year. That, plus distribution problems in getting propane supplies to Iowa have caused prices to jump. A pipeline was shut down for a month, causing a disruption in supply.

Senator Chuck Grasso is investigating these increases. He is asking the Federal Trade Commission to look into if there is price gouging or speculation involved.

LP gas prices Iowa

Iowa typically has some of the lowest propane prices in the United States. This doesn’t mean that you shouldn’t be comparing propane gas prices to find the best prices. Below is a link that shows the average weekly prices for Iowa as reported by the EIA.

Mar 30, 2015 1.417
Mar 23, 2015 1.451
Mar 16, 2015 1.462
Mar 09, 2015 1.493
Mar 02, 2015 1.517
Feb 23, 2015 1.523
Feb 16, 2015 1.532
Feb 09, 2015 1.544
Feb 02, 2015 1.548

Source EIA

What Is The Price of Propane

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