After reaching multiyear highs in March, propane spot prices at the Mont Belvieu distribution hub in Texas have steadily declined. Propane prices reached $1.64 per gallon (gal) for the week ending March 11, 2022, the highest inflation-adjusted price since February 2014. Propane prices have declined by 32% since March to $1.14/gal for the week ending July 29, according to data from Refinitiv, an LSEG business.
6 August 2022
Disclaimer: This was news article was published by another website and was republished on the CTRM Center due to its informative merit and relative nature. If you have any issue with this post please contact us