Jul 29, 2026

Mont Belvieu Propane Falls 6.6% on the Week to $0.678/Gal

Mont Belvieu spot down 6.6% to $0.678/gal, 12.9% below the 5-yr median. US primary propane stocks at 102.3 million barrels cover 195 days at the trailing four-week demand rate of 524 kb/d. PADD 1C is tightest, 13.5% below the 5-yr median.

Numbers as of Jul 29, 2026 pull

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Mont Belvieu propane fell 6.6% on the week to $0.678/gal (EIA), sitting 13% below the 5-year median. US primary propane stocks stood at 102.3 million barrels as of July 24 (EIA Weekly Petroleum Status Report), covering 195 days of domestic supply at the trailing four-week domestic product-supplied average of 0.524 million barrels per day, a coverage ratio that does not net out exports.

US heating degree days (propane-weighted)
HDD
Chart as of Jul 29, 2026. View live chart →
  • Mont Belvieu spot: $0.678/gal, down 6.6% week over week, 13% below the 5-yr median (EIA). Largest weekly drop in the digest.
  • US primary propane stocks: 102.3 million barrels as of July 24 (EIA Weekly Petroleum Status Report), yielding 195 days of supply at the trailing four-week domestic product-supplied average of 0.524 million barrels per day.
  • PADD 1C (Lower Atlantic): 1.4 million barrels, 14% below the 5-yr median. The furthest below-normal regional reading in this week's data.
  • EIA STEO outlook: EIA's Short-Term Energy Outlook projects US propane/propylene inventories at 98.5 million barrels at end of December 2026. Primary stocks as of July 24 stand at 102.3 million barrels per the Weekly Petroleum Status Report.

195 days of supply is the standing coverage figure heading into the second half of build season.