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Posts by Mark Rachal

US propane inventory situation intensifies after going against industry expectations Posted on 10 Apr 2017 in the Blue Flame Blog categories.

For the week ending March 31, the U.S. Energy Information Administration reported a 1.213-million-barrel draw in U.S. propane inventory. Read more»

How US crude production is offsetting OPEC’s cuts Posted on 03 Apr 2017 in the Blue Flame Blog categories.

By now, almost everyone knows that the Organization of the Petroleum Exporting Countries and other major crude-producing nations have reduced their production. Read more»

Tight propane inventory deserves more attention than weekly expectations Posted on 27 Mar 2017 in the Blue Flame Blog categories.

U.S. propane prices are hammered when propane inventory data doesn't line up with industry expectations. Read more»

Refineries see gain in 2016 propane output as gas plant supply growth wanes Posted on 20 Mar 2017 in the Blue Flame Blog categories.

In 2016, U.S. refineries only provided 20.67 percent of the total fuel-use propane supply of 1.461 million barrels per day (bpd). Read more»

Speculative bulls contribute to crude selloff Posted on 13 Mar 2017 in the Blue Flame Blog categories.

Since Feb. 23, West Texas Intermediate crude has been in a downward price trend. Read more»

Fundamentals should keep prices well above last year’s low levels Posted on 06 Mar 2017 in the Blue Flame Blog categories.

The growth in propane supply has been extraordinary, especially from 2012 to 2015. However, the growth in supply has slowed dramatically. Read more»

Has the propane price correction gone too far? Posted on 27 Feb 2017 in the Blue Flame Blog categories.

Propane prices have been on a decline throughout most of February, and that decline has shown little sign of abating. Has the price correction gone too far? Read more»

Weakening WTI fundamentals could prove positive for propane export economics Posted on 21 Feb 2017 in the Blue Flame Blog categories.

The U.S. Energy Information Administration showed a 9.527-million-barrel build in U.S. crude inventory for the week ending Feb. 10. Read more»

Yearly price highs met with sharp sell-off; what happened? Posted on 13 Feb 2017 in the Blue Flame Blog categories.

It's difficult to pinpoint the cause of the two-day runup in prices that eventually turned into a sharp sell-off. Cost Management Solutions examines the change. Read more»

Exports, domestic demand adding current-price pressure Posted on 06 Feb 2017 in the Blue Flame Blog categories.

Propane prices have recently been on a surge. However, those increases in price have been contained to the front month. Read more»