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What influences propane prices?

April 26, 2017influences prices propane

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What influences propane prices?

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Propane prices are subject to a number of factors. Propane gas is versatile and used in many different applications. Although propane is produced from crude oil and natural gas, the price of propane is mainly influenced by the cost of crude oil. This is because propane competes against crude oil based fuels. Other factors that effect propane prices include; supply and demand, the weather, inventory levels and transportation costs.