Why Have Propane Prices Gone Up?

Written on: April 20, 2022

Understanding the Propane Gas Markets & Price Fluctuations

propane prices georgiaPropane is one of the most cost-efficient ways to fuel commercial and industrial businesses. That remains true, even when propane prices are increasing. Those higher prices are challenging. At Georgia Gas Distributors, we know this all too well. Propane providers don’t actually make more money when prices increase, though this is a common misconception. Fortunately, historical trends have shown us that, when it comes to prices, what goes up must come down. It’s just a matter of when. For all of us in and around Atlanta, the feeling is, the sooner the better.

Propane Price Swings Are More Moderate than Oil

You may have noticed price swing trends with propane tend to be more moderate compared to heating oil, gasoline and other fuels derived from a barrel of crude oil. This is because propane is a completely domestic form of energy. The U.S. actually exports about twice as much propane to the rest of the world than we use in our own country. Even though propane still is priced in the world market like oil is, this abundance of domestic North American supply gives us supply security and helps moderate the pricing in the U.S.

Factors That Influence Price

What’s in store for propane prices next?

We don’t know where things will go from here. One thing we can tell you is that we are just as concerned as you are. One thing you can count on when you become a customer is that we will never let you run out. We have been in business for 65 years and have very strong relationships with suppliers and financial institutions.  From forklifts – to – fleets and hospitals – to – hospitality, Georgia Gas Distributors offers a smart, economical approach to fueling your commercial operation.

Nothing will make us happier than when prices start dropping. Until then, trust us to look out for your company’s propane needs.