Wisconsin Propane Prices

Trying to find the best propane price for home use can be hard to do. Fortunately the Energy Information Agency conducts a survey each week during the winter season from October to March each year. They then release the weekly average price of propane for residential and wholesale use.

Find local propane dealers near you in WI here

Current Wisconsin Propane Prices

2016-01-11 1.213
2016-01-04 1.214
2015-12-28 1.214
2015-12-21 1.208
2015-12-14 1.222
2015-12-07 1.209
2015-11-30 1.2
2015-11-23 1.193
2015-11-16 1.178
2015-11-09 1.176
2015-11-02 1.164
2015-10-26 1.168
2015-10-19 1.165
2015-10-12 1.149
2015-10-05 1.149
2015-03-30 1.582
2015-03-23 1.587
2015-03-16 1.612
2015-03-09 1.636
2015-03-02 1.681
2015-02-23 1.675
2015-02-16 1.682
2015-02-09 1.683
2015-02-02 1.709
2015-01-26 1.777
2015-01-19 1.8
2015-01-12 1.809
2015-01-05 1.813

source EIA

Propane Gas Prices, Why Do They Change?

Propane gas is a popular choice for heating your home, but at times propane gas prices can be very volatile. There are ways for the user of propane gas to save money by watching gas price trends and by timing their tank fill ups. Propane prices can change quite a bit from month to month if not from season to season.  Let’s exam why propane prices change.

Propane is derived from crude oil refining and natural gas. Propane gas is a by-product of these two energy sources. Since it is a by-product, propane prices will generally follow the price movement of natural gas and crude oil. Since crude oil is the largest traded commodity, it is easy to track its price. Crude oil futures are traded in the New York Mercantile Exchange. Newspaper and Internet services track and report crude oil prices and natural gas prices daily from the exchange. This will make it easy for you to following the price trends.

Your location will affect the price you pay for propane. A majority of propane gas in the United States is stored in Mont Belvieu, Texas. Propane prices are generally cheaper in the Midwest as compared to the rest of the country. Transportation costs will increase the price you pay for your propane locally.

Supply and demand plays a major role in determining the price of propane. Take a page form economics 101. Price spikes can and do occur if there is severe cold weather in the area. Propane is produced year round, but if there is a cold snap, demand can suddenly rise and cause prices to jump. To increase supply, companies would need to import propane, but it could be several days to weeks before shipments would arrive to meet the demand.

So what is a homeowner to do to save money buying propane? First of all, find a reputable dealer. You can check with your local Better Business Bureau to see if there have been any complaints filed with the dealer. Secondly, start following crude oil and natural gas price trends. If you see prices rising or falling there, current propane gas prices will probably do the same.


Current Propane Prices

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