State prices

Near normal

Oklahoma propane prices

Current residential price: $2.383/gal, wholesale $1.243/gal. EIA weekly survey (October-March).

Data through Oct 26, 2026 · source last checked Oct 31, 2026 · page revised Oct 29, 2026

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About this data
Source
EIA State Heating Oil and Propane Program survey
Series
Residential retail propane price
Basis
Residential, retail
Geography
Oklahoma
Unit
$/gal
Calculation
Weekly survey, Oct-Mar heating season
Last observation
Oct 26, 2026
Update frequency
Weekly, Oct-Mar

Now $2.383/gal, 9.9% above the 5-yr median.

Oklahoma residential propane reached $2.383/gal on October 26, up 1.3% on the week and 9.9% above the 5-year median. The wholesale price was $1.243/gal.

The numbers
PeriodCurrentPriorChange
Week over week$2.383/gal$2.352/gal+1.3%
Year over year$2.383/gal$2.169/gal+9.9%
vs 5-yr median$2.383/gal$2.169/gal+9.9%
Oklahoma heating seasons compared: residential propane, EIA weekly survey
Heating seasonWeeksAverageLow (week)High (week)Wholesale averagevs Midwest average
2026-27 (so far)4$2.338/gal$2.294/gal (Oct 5)$2.383/gal (Oct 26)$1.141/gal+20.8 cents
2025-2626$2.224/gal$2.149/gal (Nov 10)$2.298/gal (Feb 9)$0.786/gal+15.6 cents
2024-2526$2.284/gal$2.127/gal (Oct 7)$2.435/gal (Feb 3)$0.956/gal+19.3 cents
2023-2426$2.261/gal$2.135/gal (Oct 9)$2.398/gal (Feb 19)$0.864/gal+24.5 cents
2022-2326$2.578/gal$2.519/gal (Dec 5)$2.622/gal (Jan 30)$0.980/gal+30.4 cents
2021-2226$2.667/gal$2.508/gal (Oct 4)$2.866/gal (Mar 14)$1.412/gal+26.0 cents

Each season runs October through March. The average is the simple mean of that season's weekly readings, and the low and high name their survey week. The last column is Oklahoma's residential price minus the Midwest residential average over the same weeks, per gallon.

Propane-heated households — US Census ACS 5-year estimate (2020-2024), table B25040
MeasureValue
Homes heating with propane95,736
Share of occupied homes6.1%
Occupied homes (all fuels)1,562,389
National rank by propane share#20 of 51

Previous weeks

Week of Oct 19, 2026

Oklahoma residential propane rose to $2.352/gal on October 19, up 2.7 cents on the week. The price sits 7.3% above the 5-year median for the week. Wholesale propane in the state read $1.201/gal.

Week of Oct 5, 2026

Oklahoma residential propane stands at $2.294/gal, 4.9% above the 5-yr median, with year-over-year gains also at 4.9%. Wholesale posted $1.001/gal.

Week of Mar 30, 2026

Oklahoma residential propane read $2.272/gal in the Mar 30 survey, up 2.1 cents from four weeks prior and flat on the week. The price sat 9% below the 4-yr median. Wholesale propane stood at $0.926/gal.

About Oklahoma propane prices

Oklahoma is a producing state that also buys at retail. Gas processing plants across the Anadarko Basin and the northeast make propane locally, and the state sits close to the Conway hub in Kansas that prices the inland market. Retail demand is rural: homes on tanks outside the gas systems, poultry houses in the east, and grain drying in the wheat and corn counties.

The price above comes from EIA's State Heating Oil and Propane Program, which surveys a sample of retail dealers in Oklahoma once a week and publishes the state average on Wednesday afternoon. It runs October through March only, so nothing new prints between April and September. EIA also surveys a wholesale price for Oklahoma, plotted as the lower line. The distance between the two is the delivered-service stack, and it widens when the rack falls faster than dealers reprice. The Census Bureau's American Community Survey, on five-year estimates, puts propane as the main heating fuel in 6.1% of occupied Oklahoma homes, around the middle of the state rankings.

The regional numbers around this price are Midwest propane prices and Midwest propane stocks, the inventory that has to cover the winter. Estimate your fill cost with the propane usage calculator, which works from tank size, gauge reading and what the household burns.

Common questions

What is the current propane price in Oklahoma?

Oklahoma's residential propane price is $2.383/gal as of Oct 26, 2026, the latest reading in EIA's weekly heating-season survey, with the wholesale (rack) price at $1.243/gal on Oct 26, 2026. The chart above carries the full history and the table shows the week-over-week move.

When is propane most expensive in Oklahoma?

In EIA's weekly survey, which runs October through March, Oklahoma's residential price set its season high in February in three of the last five heating seasons, January in one and March in one. The season low came in October in three of the last five heating seasons, November in one and December in one. From low to high the price moved an average of 23.6 cents a season, and the table above lists each season's high and low week. The regional wrinkle is that the Midwest season starts before the thermostat does: propane fires grain dryers across the Corn Belt in October and November, and a wet harvest can pull volume hard weeks ahead of heating demand. Why propane prices rise in winter has the mechanics.

How does the Oklahoma propane price compare with the Midwest average?

Oklahoma's residential propane price averaged above the Midwest average in each of the last five heating seasons, by between 15.6 cents and 30.4 cents a gallon. In the Oct 26, 2026 survey Oklahoma was at $2.383/gal against $2.199/gal for the Midwest average. The seasons table above gives the gap season by season, and Midwest propane prices carries the district's own chart.

What is the difference between the residential and wholesale price on this page?

The residential price is what an Oklahoma household pays for a delivered gallon: the dealer's own cost plus trucking, tank service and margin. The wholesale price is that dealer cost at the rack, before any of it. The gap between the two is the delivered-service stack, and how propane is priced walks through each layer of it.