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Posts by Mark Rachal

Weak propane exports offset domestic demand Posted on 16 Apr 2018 in the Blue Flame Blog categories.

The U.S. Energy Information Administration reported U.S. domestic demand for propane at 1.496 million barrels per day (bpd) for the week ending April 6. Read more»

Bearish factors undermine propane’s value Posted on 10 Apr 2018 in the Blue Flame Blog categories.

Propane’s relative value to West Texas Intermediate crude is already slightly below the low end of the range we expected for this summer. Read more»

The changing propane marketplace and you Posted on 02 Apr 2018 in the Blue Flame Blog categories.

Change has been in the works for several years now as the U.S. propane market has become a net exporter of propane. Read more»

Inventory history provides perspective on current levels Posted on 26 Mar 2018 in the Blue Flame Blog categories.

Last week, the U.S. Energy Information Administration reported U.S. propane inventory had fallen to 36.759 million barrels for the week ending March 16. Read more»

Determining OPEC, crude’s impact on propane values Posted on 05 Mar 2018 in the Blue Flame Blog categories.

Any forecast on propane prices begins with trying to determine where crude will be priced. Read more»

Price spread between Mont Belvieu, Conway balloons Posted on 26 Feb 2018 in the Blue Flame Blog categories.

As the impacts of winter demand wane this time of year, it is not unusual to see Conway prices move toward the weak side. Read more»

Drop in exports a key factor in late-winter price weakness Posted on 20 Feb 2018 in the Blue Flame Blog categories.

There have been two primary factors behind the late-winter weakness in propane prices: rising propane production and lower propane exports. Read more»

Favorable relative value for Mont Belvieu, Conway propane Posted on 12 Feb 2018 in the Blue Flame Blog categories.

Cost Management Solutions' Mark Rachal takes a look at propane’s relative value to crude and how it is trending compared with last year. Read more»

Seeking opportunity to secure supplies, lock prices next winter Posted on 05 Feb 2018 in the Blue Flame Blog categories.

It is now the homestretch for winter, but forecasts for a cold February mean there is much work still to be done. Read more»

Propane prices retreat despite strong domestic demand Posted on 29 Jan 2018 in the Blue Flame Blog categories.

U.S. propane prices have returned to where they began the winter – in a price decline that has surprised many, given strong domestic demand support. Read more»