As the chart shows, the prices are down, not up.
Without the ability to export, the production companies would have shut down the expansions.
Because of our exports since 2011, we have had significant expansions of supply. Now because of that, we have billions of dollars in petrochemical expansions that will use the larger production of propane for propylene, polypropylene, etc.
More US jobs. More local supply. Lower prices.
It is why the US crude oil export ban needs lifted as well.
Had house tank filled today, price was $1.48 a gal.
Lowest it’s been in several years.