Jun 17, 2026
Propane Stocks Hit 87.4 Million Barrels, 26% Above Normal
US propane stocks reach 87.4 million barrels for the week ending June 12, 26% above the 5-year median. PADD 3 carries a 38% surplus. Mont Belvieu fell 8.5% on the week to $0.718/gal.
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US propane stocks reached 87.4 million barrels in the week ending June 12, putting the US 26% above the 5-year median at this point in the build season, according to the EIA Weekly Petroleum Status Report. PADD 3, the Gulf Coast, is carrying the bulk of that surplus at 57.9 million barrels, up 3% on the week and 38% above the regional 5-year median. At 768 thousand barrels per day (Mb/d) of average product supplied over the trailing four weeks, US days of supply stand at 114 days.
- Residential
- Wholesale
- Mont Belvieu propane spot settled at $0.718/gal, down 8.5% on the week and 10% below the 5-year median, per EIA. The hub price is running well under its historical norm even as primary storage builds well above it.
- PADD 1C (Lower Atlantic) is the only region below the 5-year median: stocks at 1.2 million barrels, 10% under normal, per the EIA Weekly Petroleum Status Report.
- The EIA State Heating Oil and Propane Program weekly price survey is paused for the season; state and regional prices resume in October.
Data note: 16 series covering consumption and several inventory categories have not updated in more than two weeks. Treat figures from those series as stale.