My current supplier said the true wholesale to the distributors is about .70-.80 cents a gal.
I didn't look up the NYSE traded price, but I think the current traded price is less than last years and that was in the .70 cent range.
The NYSE doesn't trade propane futures but does trade the spot (immediate delivery) price.
http://online.wsj.com/mdc/public/page/2_3023-cashprices.html?mod=topnav_2_3028
Today it is $0.818 Propane that is delivered to Mont Belvieu, Texas. A year ago it was $1.5369.
Mid March, to compare to the other prices I listed before, it was $1.2375
http://online.wsj.com/mdc/public/page/2_3023-cashprices-20120315.html?mod=mdc_pastcalendar
We have a lot of supply here in the Gulf Coast, but we have a lot of demand as well. Propane is also used for feedstock to some of the chemical industry.
You definitely live in an area of cheaper propane.