Spreads

Out of season

PADD 2 (Midwest) retail-wholesale propane spread

Residential survey price minus wholesale/resale price, a gross-spread indicator (October-March)

Data through Mar 30, 2026 · source last checked Jul 26, 2026 · page revised Jul 26, 2026

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$/gal
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About this data
Source
Derived from EIA propane price series
Series
PADD 2 (Midwest) retail-wholesale propane spread
Basis
Price difference between two EIA quotes
Unit
$/gal
Calculation
Weekly, Oct-Mar heating season
Last observation
Mar 30, 2026
Update frequency
Weekly, Oct-Mar

Now $1.192/gal, 3% above the 4-yr median. The EIA weekly price survey runs October through March; the latest reading is $1.192/gal from Mar 30, 2026. The survey resumes in October.

PADD 2 retail-wholesale spread fell 3.1 cents to $1.192/gal. The spread sits 3% above the 4-year median.

Final weeks of the 2025-26 heating season
PeriodCurrentPriorChange
vs 4-yr median$1.192/gal$1.158/gal+3.0%
Year over year$1.192/gal$1.184/gal+0.7%
vs 4 weeks ago$1.192/gal$1.189/gal+0.3%
Week over week$1.192/gal$1.223/gal-2.5%