Jul 8, 2026
Mont Belvieu Propane at $0.676/Gal, 19% Below the 5-Year Median
The Mont Belvieu propane spot fell 3.8% on the week to $0.676/gal, 19% below the 5-year median, as US propane stocks hold at 90.5 million barrels and 141 days of supply heading into mid-build season.
Numbers as of Jul 9, 2026 pull
Cite
Get the weekly propane brief
Get The Fill Line in your inbox every Wednesday. No spam, we won't ever share your email, and you can always unsubscribe.
The Mont Belvieu propane spot settled at $0.676/gal this week, down 3.8% on the week and 19% below the 5-year median per EIA. US propane stocks stood at 90.5 million barrels as of July 3, equivalent to 141 days of supply at a trailing four-week average demand rate of 644 thousand barrels per day (Mb/d), per the EIA Weekly Petroleum Status Report. The surplus is broad: PADD 3, the Gulf Coast, accounts for 56.9 million barrels of that total and sits 32% above the 5-year median.
- Residential
- Wholesale
- PADD 3, the Gulf Coast: 56.9 million barrels, 32% above the 5-year median per the EIA WPSR. Stocks drew 3% on the week but the region carries the largest surplus in the country.
- PADD 1B, the Central Atlantic: 5.9 million barrels, 30% above the 5-year median, up 3% on the week per the EIA WPSR.
- PADD 1A, New England: 0.3 million barrels, 4% below the 5-year median. The only region running below normal.
- Product supplied: 644 Mb/d on a trailing four-week average per the EIA WPSR, the demand rate underpinning the 141-day supply figure.
- EIA outlook: EIA's Short-Term Energy Outlook puts US propane/propylene inventories at 98.5 million barrels at end of December 2026.