Supply and Logistics
In 2019, the U.S. exported more than 16 billion gallons of propane.
That’s enough to fuel more than 5 million fleet vehicles or 15 million homes.
In late 2019 and early 2020, global events caused the prices of crude oil and natural gas to reach relatively low levels. Producers responded by drilling fewer wells, reducing production from shale formations, which is the primary source of propane in the U.S. today.
This is expected to continue throughout the end of 2020 and will likely affect the propane industry. Propane is produced through natural gas processing (approximately 80 percent) and oil refining (approximately 20 percent). The United States of America is the leading exporter of Propane worldwide.
The National Propane Gas Association and state associations communicate regularly with federal and state energy and transportation officials to discuss the current and expected conditions and demands for the efficient delivery of propane to homes, farms, and businesses.