More! More! More! – Propane Oversupply Meets Potential Natural Gas Shortfall: Market Implications

07/11/2025 15 min
More! More! More! – Propane Oversupply Meets Potential Natural Gas Shortfall: Market Implications

Listen "More! More! More! – Propane Oversupply Meets Potential Natural Gas Shortfall: Market Implications"

Episode Synopsis

More propane production. More exports. More inventories. The U.S. propane market, already oversupplied, is becoming even more so, putting additional downward pressure on prices. At the same time, surging demand from LNG exports and gas-fired power generation is pushing natural gas prices higher. Electricity prices are climbing too, further tilting the scales in propane’s favor. The big question is, will these shifting fuel-price relationships move the needle on retail propane demand.

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