Gasoline prices are already rising in Iowa as part of the fallout from Hurricane Harvey as many Houston-area oil refineries are offline, but analysts still aren’t sure how the still-raging storm may impact propane supplies. Paul Ovrom, an ag marketer with the Iowa Department of Agriculture, is urging Iowa propane users — businesses, farmers and rural residents — to stock up as the flooding in southeast Texas will persist.

 

Ovrom says propane use both domestically and overseas is dropping, but that could change quickly.

 

Ovrom says a colder-than-normal autumn with significant rain could also draw down supplies. Farmers would need additional propane to dry their grain and rural residents would likely need more to heat their homes