Suburban Propane CEO Michael Stivala says U.S. propane demand remains stable despite higher prices from the Iran war.
Propane price hovered at $0.76 per gallon at Mont Belvieu, up from $0.60 pre‑conflict and down from $0.84 in late March.
U.S. ready‑for‑sale propane inventories rose to 51.58 million barrels on April 17, versus 20.10 million barrels a year earlier.
U.S. LPG exports are projected to hit a record 2.7 million barrels per day in April, with about half destined for Asia.