Propane Price Chart: 5-Year US Residential Average (Updated 30 March 2026)
Three views of the US residential propane price per gallon: the weekly residential series with the Mont Belvieu wholesale spot overlay, and the 12-year annual high-low-average range. All values from the EIA Weekly Heating Oil and Propane Survey and the EIA monthly residential series.
52-week weekly chart
The chart below covers the full 2025-2026 heating season (week ending 6 October 2025 through week ending 30 March 2026). The amber line is the EIA US average residential weekly figure (W_EPLLPA_PRS_NUS_DPG); the dashed teal line is the Mont Belvieu spot benchmark for the same week. The residential series climbed from $2.471 to $2.674 across the season, an increase of 20.3 cents per gallon.
12-year annual range
The high-low bars show the annual range of the EIA monthly residential series; the horizontal mark is the calendar-year average. Two episodes are visible: the 2014 polar vortex peak (Feb 2014, $4.011 per gallon, an all-time monthly high in the EIA archive), and the 2022 supply disruption following the Russia-Ukraine conflict, which raised the global NGL floor and kept the calendar-year average above $2.85 (EIA Today in Energy).
Annual figures
| Year | Avg ($/gal) | High | Low | High month | Low month | Note |
|---|---|---|---|---|---|---|
| 2014 | $2.808 | $4.011 | $2.382 | Feb | Sep | Polar vortex spike, winter heating premiums never seen since |
| 2015 | $2.184 | $2.451 | $2.005 | Feb | Sep | |
| 2016 | $1.976 | $2.143 | $1.847 | Mar | Aug | |
| 2017 | $2.224 | $2.434 | $2.034 | Dec | May | |
| 2018 | $2.581 | $2.713 | $2.453 | Jan | Aug | |
| 2019 | $2.354 | $2.617 | $2.092 | Jan | Sep | |
| 2020 | $2.078 | $2.158 | $1.957 | Feb | Aug | Pandemic demand drop kept prices flat through summer |
| 2021 | $2.418 | $2.733 | $2.012 | Nov | Jan | |
| 2022 | $2.853 | $3.019 | $2.661 | Mar | Oct | Russia-Ukraine supply disruption raised the global NGL floor |
| 2023 | $2.515 | $2.710 | $2.379 | Jan | Oct | |
| 2024 | $2.482 | $2.609 | $2.371 | Feb | Aug | |
| 2025 | $2.611 | $2.753 | $2.518 | Feb | May |
Source: EIA monthly residential US average series (M_EPLLPA_PRS_NUS_DPG). Averaged across the 12 monthly readings of each calendar year.
Current vs historical context
The current US residential average of $2.674 per gallon sits above the 5-year calendar-year average of $2.576 (+3.8%) and below the 2014 polar vortex peak of $4.011 (a level not reached since). The 2025 calendar year average came in at $2.611, with the high in February. The 2025-2026 heating season tracked closer to the 2025 average than to either tail of the historical range.
Historical peaks, annotated
- February 2014, $4.011 per gallon.Polar vortex cold snap drove residential demand to record levels with insufficient inventory across PADD 2 (Midwest). EIA Today in Energy: "Propane prices increased significantly in early 2014."
- March 2022, $3.019 per gallon. Russia-Ukraine invasion lifted global NGL prices; US export demand for LPG tightened domestic balances. The full 2022 calendar year averaged above $2.85.
- August 2020, $1.957 per gallon. Pandemic demand collapse pulled summer prices below historical norms; the rebound into autumn 2020 was unusually muted.
- November 2021, $2.733 per gallon. Sharp autumn rebound from pandemic lows as US LPG export volumes rose to record levels.
Download the data
The structured data behind these charts is published verbatim from the EIA Weekly Heating Oil and Propane Survey. EIA distributes the underlying series as Excel files on each survey landing page. We do not republish behind a paywall; the original source is at eia.gov/petroleum/heatingoilpropane/.
- EIA US residential weekly price (landing)
- W_EPLLPA_PRS_NUS_DPG full archive
- Mont Belvieu daily spot (EER_EPLLPA_PF4_Y44MB_DPGD)
- FRED mirror (DPROPANEMBTX, with API)