U.S. propane prices have topped $1 a gallon for the first time seasonally since 2014 as domestic and overseas demand take off. Prices have risen 36% since the start of the year in Mont Belvieu, Texas, the main trading hub for natural gas liquids in the U.S. Further stoking the rally is the fact that output of the fuel has stalled alongside oil and natural gas drilling. “The biggest factor that Covid had on our industry was that the demand lit up,” said D.D. Alexander, President of Global Gas, a national propane distributor. “People started turning up their thermostats in the winter time, they built fire pits, and a ... (full story)