Media: LP Gas Magazine

About Dale Delay

rss feed

Posts by Dale Delay

US propylene inventory sets 5-year high Posted on 11 Mar 2019 in the Blue Flame Blog categories.

The propane inventory number reported each week by the Energy Information Administration also includes propylene. Propylene is a non-fuel used in the petrochemical industry primarily to make polypropylene, which is... Read more»

Rebound in crude prices unlikely; retailers can ‘wait for a signal’ Posted on 24 Dec 2018 in the Blue Flame Blog categories.

Unless something dramatically changes for propane fundamentals, it is difficult to picture a rebound in propane prices without a rebound in crude prices. Read more»

US propane reflective of crude’s prices vs. fundamentals Posted on 17 Dec 2018 in the Blue Flame Blog categories.

Adequate propane production and supply is keeping propane prices heavily tied to the fortunes of crude’s price. The chart above plots Mont Belvieu LST propane’s price in cents per gallon... Read more»

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»