Propane Prices: Mont Belvieu, Texas
Weekly
WPROPANEMBTX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.68
Year-over-Year Change
-6.63%
Date Range
7/7/2006 - 8/29/2025
Summary
The 'Weekly' series measures the average price of propane on a weekly basis. This metric is closely watched by energy analysts and policymakers as a key indicator of the state of the U.S. energy market.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Weekly' series tracks the average price per gallon of propane across the United States. Propane is a widely used fuel for home heating, transportation, and industrial applications, making this data point important for understanding energy costs and consumption trends.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration (EIA) through surveys of propane suppliers and distributors.
Historical Context
Propane prices and availability are closely monitored by government agencies and market participants to assess energy market conditions and potential policy interventions.
Key Facts
- Propane is a liquefied petroleum gas used for heating, cooking, and transportation.
- The U.S. is a major producer and consumer of propane globally.
- Propane prices can be volatile due to supply, demand, and geopolitical factors.
FAQs
Q: What does this economic trend measure?
A: The 'Weekly' series measures the average retail price of propane across the United States on a weekly basis.
Q: Why is this trend relevant for users or analysts?
A: Propane prices are a key indicator of energy market conditions and consumer energy costs, making this data important for energy analysts, policymakers, and households.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Energy Information Administration through surveys of propane suppliers and distributors.
Q: How is this trend used in economic policy?
A: Propane prices and availability are closely monitored by government agencies to assess energy market conditions and the potential need for policy interventions.
Q: Are there update delays or limitations?
A: The 'Weekly' series is published with a short lag, typically within a week of the reference period, providing timely data on propane market trends.
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Citation
U.S. Federal Reserve, Weekly (WPROPANEMBTX), retrieved from FRED.