Nebraska's Average Wholesale Price of Propane

Average Wholesale
Propane Prices in Nebraska

Analysis

The average wholesale propane price on February 16, 2009, had decreased two cents from last week to 83 cents per gallon (see the table at the end of this report). The graph below shows the spread in Nebraska prices from month to month and from this year compared to previous years. This week's average price was 62 cents (or 43 percent) lower than the price at this time last year.

Other states in the Midwest Region had comparable wholesale prices ranging from 80 to 89 cents per gallon with the region averaging 83 cents. States adjacent to Nebraska, such as Kansas, South Dakota, Iowa, and Missouri, had prices of 80, 84, 83, and 82 cents, respectively.

With 12.5 million barrels on February 13, the Midwest Region inventory level was in the lower half of the normal range for this time of year.

Notes: The annual report for the 2007-2008 winter season is available. An archive houses annual reports from previous years.

Heating Season

The Oil Price Information Service collects wholesale propane prices each week for Nebraska and ten (10) other states in the Midwest Region during the heating season (October to March). The Energy Information Administration, the independent statistical and analytical agency within the U.S. Department of Energy, uses the prices collected by the Oil Price Information Service to calculate a state average price, a regional average price, and a national average price which can be seen in the report Wholesale Propane Prices by Region and State.

Off Season

Prices are not collected during the off season (April through September).

Midwest Region

For statistical purposes, the Energy Information Administration defines the Midwest Region to include the states of Iowa, Illinois, Indiana, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, Oklahoma, South Dakota, Tennessee, and Wisconsin.

Return to top of page

Nebraska's Average Wholesale Propane Prices
2001/2002 - 2008/2009

	Heating Season
	Oct	Nov	Dec	Jan	Feb	Mar
2001/2002
First Monday	$0.478	$0.457	$0.335	$0.336	$0.304	$0.353
Second Monday	$0.471	$0.423	$0.307	$0.311	$0.310	$0.383
Third Monday	$0.478	$0.361	$0.326	$0.297	$0.320	$0.392
Fourth Monday	$0.484	$0.369	$0.349	$0.296	$0.317
Fifth Monday	$0.482		$0.375
	Heating Season
	Oct	Nov	Dec	Jan	Feb	Mar
2002/2003
First Monday	$0.501	$0.535	$0.531	$0.596	$0.706	$1.051
Second Monday	$0.502	$0.515	$0.537	$0.582	$0.803	$0.716
Third Monday	$0.515	$0.507	$0.573	$0.646	$0.684	$0.693
Fourth Monday	$0.523	$0.534	$0.584	$0.637	$0.773
Fifth Monday			$0.591
	Heating Season
	Oct	Nov	Dec	Jan	Feb	Mar
2003/2004
First Monday	$0.667	$0.636	$0.621	$0.703	$0.675	$0.661
Second Monday	$0.752	$0.634	$0.667	$0.809	$0.678	$0.615
Third Monday	$0.737	$0.625	$0.727	$0.694	$0.723	$0.605
Fourth Monday	$0.696	$0.632	$0.715	$0.734	$0.672
Fifth Monday			$0.688
	Heating Season
	Oct	Nov	Dec	Jan	Feb	Mar
2004/2005
First Monday	$0.890	$0.999	$0.868	$0.820	$0.763	$0.844
Second Monday	$0.948	$0.980	$0.842	$0.775	$0.768	$0.889
Third Monday	$0.984	$0.953	$0.925	$0.800	$0.784
Fourth Monday	$1.072	$0.977	$0.875	$0.788	$0.810
Fifth Monday		$0.996		$0.771
	Heating Season
	Oct	Nov	Dec	Jan	Feb	Mar
2005/2006
First Monday	$1.217	$1.087	$1.066	$1.110	$0.976	$0.934
Second Monday	$1.195	$1.020	$1.135	$1.044	$0.941	$0.916
Third Monday	$1.200	$1.037	$1.170	$0.998	$0.931
Fourth Monday	$1.171	$1.042	$1.138	$1.048	$0.950
Fifth Monday	$1.156			$0.972
	Heating Season
	Oct	Nov	Dec	Jan	Feb	Mar
2006/2007
First Monday	$0.981	$0.969	$1.059	$0.949	$0.980	$1.037
Second Monday	$0.972	$1.015	$1.032	$0.901	$1.056	$1.052
Third Monday	$0.996	$1.003	$0.989	$0.897	$1.014
Fourth Monday	$0.986	$0.994	$0.978	$0.910	$1.044
Fifth Monday	$1.005			$0.954
	Heating Season
	Oct	Nov	Dec	Jan	Feb	Mar
2007/2008
First Monday		$1.612	$1.510	$1.609	$1.488	$1.762
Second Monday	$1.394	$1.616	$1.543	$1.488	$1.413	$1.612
Third Monday	$1.436	$1.548	$1.576	$1.472	$1.447	$1.668
Fourth Monday	$1.494	$1.576	$1.584	$1.496	$1.914
Fifth Monday	$1.543		$1.629
	Heating Season
	Oct	Nov	Dec	Jan	Feb	Mar
2008/2009
First Monday	$1.407	$1.078	$0.860	$0.829	$0.966	NA
Second Monday	$1.073	$0.939	$0.694	$0.910	$0.846	NA
Third Monday	$0.960	$0.851	$0.799	$0.879	$0.827	NA
Fourth Monday	$1.042	$0.814	$0.870	$0.879	NA
Fifth Monday			$0.810

Return to top of page

Sources: Weekly Petroleum Status Report. Energy Information Administration, Washington, DC. Nebraska Energy Office, Lincoln, NE.

Note: NA = Not Available

This report was updated on This report was updated on February 20, 2009. Typically, there is one week between updates during the heating season.

Energy Statistics Home | Contact Us | Archive | Conversion Chart | Glossary