GITNUX MARKETDATA REPORT 2024

Statistics About The Average Cost Of Propane Per Gallon

Statistics show that the average cost of propane per gallon fluctuates seasonally but has generally been around $2.50 to $3.00 in recent years.

In this post, we will explore the varying landscape of the average cost of propane per gallon in the United States. From state-level disparities to seasonal price fluctuations, we’ll delve into the factors influencing propane prices and how they impact different consumer groups, such as agricultural producers, residential users, and commercial enterprises. Stay tuned to learn more about the latest statistics and trends shaping the propane market.

Statistic 1

"Rural Energy for America Program Grants can help offset the high cost of propane for agricultural producers."

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Statistic 2

"The average cost of propane per gallon can vary by state, with prices in California often higher than the national average."

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Statistic 3

"Propane prices have increased by over 30% in some areas compared to the previous year due to supply chain issues."

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Statistic 4

"The propane price in the U.S. is often lower than in many European countries."

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Statistic 5

"The average cost of propane per gallon in the U.S. as of March 2023 is approximately $2.50."

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Statistic 6

"Retail propane prices in the Midwest are typically lower than in the Northeast U.S."

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Statistic 7

"The average cost of propane in large metropolitan areas such as New York can be significantly higher."

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Statistic 8

"The average cost of propane for commercial use is generally lower than for residential use."

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Statistic 9

"Residential propane prices can be significantly higher for customers not on a pre-pay plan versus those who are."

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Statistic 10

"The highest recorded average price for propane in 2020 was $2.61 per gallon."

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Statistic 11

"The average household spends approximately $800 annually on propane."

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Statistic 12

"Over the past five years, propane prices have fluctuated between $2.00 and $2.75 per gallon."

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Statistic 13

"Price spikes in propane are often seen during severe winter storms."

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Statistic 14

"In rural areas, the average propane cost per gallon can be higher due to delivery logistics."

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Statistic 15

"The average retail price of propane for the winter of 2020-2021 was approximately $2.43 per gallon."

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Statistic 16

"The Energy Information Administration provides a weekly update on propane prices by region."

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In conclusion, the average cost of propane per gallon fluctuates significantly based on various factors such as geographic location, seasonality, supply chain issues, and customer type. While programs like the Rural Energy for America Program Grants can assist agricultural producers in offsetting costs, prices can vary greatly between states and even within regions of the U.S. Propane prices have experienced notable increases in recent years, particularly during extreme weather events. Residential customers not on pre-pay plans may face higher costs, while commercial users typically enjoy lower rates. Overall, staying informed about market trends and leveraging available programs and resources can help consumers navigate the dynamic landscape of propane pricing effectively.

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