Average Wholesale
Propane Prices in Nebraska

Analysis | Heating Season | Off Season | Midwest Region
Graph | Prices | Price Archive | Residential Prices
Annual Report| Annual Report Archive
Midseason Report

Analysis

The average wholesale propane price had dropped 24 cents from the last report to $1.38 per gallon on March 7, 2011 (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 5 cents (or 4 percent) higher than the price a year ago.

Other states in the Midwest Region had comparable wholesale prices ranging from $1.34 to $1.54 per gallon with the region averaging $1.42.  States adjacent to Nebraska, such as Kansas, South Dakota, Iowa, and Missouri, had prices of $1.36, $1.40, $1.41, and $1.39, respectively.

With 9.2 million barrels of supply on March 4, the Midwest Region inventory level was below the bottom boundary of the normal range for this time of year.

Notes:  The annual report for the 2009-2010 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 eleven (11) 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

Return to top of page

Nebraska's Average Wholesale Propane Prices
2001/2002 - 2010/2011
  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 $0.744
Second Monday $1.073 $0.939 $0.694 $0.910 $0.846 $0.696
Third Monday $0.960 $0.851 $0.799 $0.879 $0.827 $0.708
Fourth Monday $1.042 $0.814 $0.870 $0.879 $0.757  
Fifth Monday     $0.810      
  Heating Season
Oct Nov Dec Jan Feb Mar
2009/2010
First Monday $0.953 $1.146 $1.260 $1.460 $1.419 $1.335
Second Monday $0.962 $1.182 $1.223 $1.520 $1.558 $1.288
Third Monday $1.059 $1.165 $1.284 $1.303 $1.378 $1.217
Fourth Monday $1.167 $1.189 $1.424 $1.398 $1.376  
Fifth Monday   $1.210        
  Heating Season
Oct Nov Dec Jan Feb Mar
2010/2011
First Monday $1.276 $1.232 $1.259 $1.347 $1.327 $1.382
Second Monday $1.280 $1.279 $1.269 $1.348 $1.307 NA
Third Monday $1.229 $1.264 $1.312 $1.378 $1.290 NA
Fourth Monday $1.215 $1.219 $1.351 $1.369 $1.617  
Fifth Monday   $1.266   $1.327    

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 March 10, 2011.  Typically, there is one week between updates during the heating season.

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