Media: LP Gas Magazine

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Posts by Dale Delay

US propane exports average more than 1 million bpd Posted on 10 Dec 2018 in the Blue Flame Blog categories.

U.S. propane inventory has been declining at an above-average pace over the last few weeks. Find out more about the two factors contributing to the inventory decline. Read more»

Mont Belvieu-Conway propane price spread shrinks Posted on 03 Dec 2018 in the Blue Flame Blog categories.

The premium Mont Belvieu propane carried over Conway propane this summer has shrunk considerably this fall. Conway propane was much lower than Mont Belvieu propane last winter. As the price... Read more»

Rising propane production exceeds export demand growth Posted on 26 Nov 2018 in the Blue Flame Blog categories.

Until growth in propane export demand starts looking comparable to growth in production, propane inventory should hold up well. Read more»

Propane prices bounce after possibly hitting bottom Posted on 19 Nov 2018 in the Blue Flame Blog categories.

Propane retailers that only use price to try to steal customers are among the worst opportunity buyers. Read more»

Propane production consistently exceeding 2 million bpd Posted on 12 Nov 2018 in the Blue Flame Blog categories.

Throughout the summer, we monitor inventory builds very carefully and provide data and analysis in our daily reports. By this time of year, we usually start monitoring heating degree-days and... Read more»

Propane’s lower value reflects confidence in supply Posted on 05 Nov 2018 in the Blue Flame Blog categories.

The October sell-off in propane seems to show that players in the propane market are not worried about supply. On Nov. 1, Mont Belvieu LST propane closed at 82 cents,... Read more»

October sees major correction for propane and crude Posted on 29 Oct 2018 in the Blue Flame Blog categories.

October has turned out to be quite frightening for crude and propane bulls. The upward momentum that had been prevalent since April came to a screaming halt. Read more»

What contango and backwardation mean for propane prices this winter Posted on 22 Oct 2018 in the Blue Flame Blog categories.

It has been some time since we have written on the backwardation and contango market structures. Based on comments we hear, we thought it would be good to review these... Read more»

Taking a deeper look at propane price uncertainty Posted on 15 Oct 2018 in the Blue Flame Blog categories.

Throughout last week, Mont Belvieu’s price correction deepened and its value relative to crude continued to deteriorate. Read more»

US propane/propylene production reaches new milestone Posted on 24 Sep 2018 in the Blue Flame Blog categories.

For the week ending Sept. 14, the Energy Information Administration (EIA) reported U.S. propane/propylene production exceeded 2 million barrels per day (bpd) for the first time. Propane production has been... Read more»