

Mark RachalDale Delay
Posts by Dale Delay
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 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»
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»
Throughout last week, Mont Belvieu’s price correction deepened and its value relative to crude continued to deteriorate. Read more»
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»
U.S. distillate inventory made a major jump last week that helped significantly reduce the shortfall in inventory levels. For the week ending Sept. 7, the Energy Information Administration (EIA) reported... Read more»
The Energy Information Administration (EIA) reported U.S. propane inventory was up 2.004 million barrels for the week ending Aug. 31. The build left total U.S. inventory at 73.404 million barrels,... Read more»
All of the gain in U.S. propane's value in 2018 can be attributed to the stronger pricing environment for crude. Read more»
Here are the factors impacting the recent price spread between Conway propane and Mont Belvieu LST propane. Read more»
For as far out as can be seen, propane supply will be much higher than domestic demand. Read more»