Residential propane prices so far this winter are similar to last winter’s prices

According to the U.S. Energy Information Administration’s (EIA) Heating Oil and Propane Update (HOPU), propane prices during the first two weeks of the current winter heating season (October 1 through March 31) were 4% lower than during the same time last winter. Lower residential propane prices are the result of inventories that are near the high-end of the five-year (2015–2019) average and a decrease in crude oil prices since last year at this time.
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SynEnergy Partners LLC continues to monitor COVID-19 around the clock under the guidance of our Global Crisis and Regional Incident Management teams, and we have responded as a company with compassion for those who may be affected as well as an abundance of caution to limit the spread of the virus.

We are also taking measures to ensure business continuity remains unimpacted during this time.