Propane supply dramatically increases

A bit of good news for propane users in Michigan. Supplies are on the rise, although winter temperatures are not.

Michigan is still under a propane emergency until March 1. The declaration had been extended by Governor Snyder earlier this month.

Judy Palnau, spokeswoman for the Michigan Public Service Commission, said the propane supply has “dramatically” increased, and few dealers are requiring short-fills.

“Dealers were concerned, so they were limiting how much customers could buy at one time, and now, the reverse is happening,” she said. “Dealers have ample supply and customers are buying smaller amounts in the hopes that the prices will be coming down here in the next few weeks.”

Palnau said propane prices have dropped more than 5 percent this month, and that the price should continue to decrease.

The most recent statewide average is $3.34 per gallon. That price is still 57 percent more than is was at this time a year ago.

According to the National Weather Service, temperatures are expected to be well below seasonal average through March.