About Mark Rachal
Posts by Mark Rachal
The Midwest has been oversupplied and low-valued long enough that it lacks investment to meet needs in high-demand periods, says Mark Rachal. Read more»
Despite the effects of the coronavirus pandemic, U.S. demand for petroleum products is recovering. Supply, however, is not. Read more»
U.S. domestic demand for propane increased a whopping 714,000 barrels per day (bpd) during the fifth week of the year to 2.204 million bpd. Read more»
If we can pluck good news from propane prices, it would be that next winter's prices are much lower than the current prices. Read more»
Days of supply measures available inventory to demand. As long as days of supply are trending lower, prices are certainly going to feel upward pressure. Read more»
Since last week’s Trader’s Corner, there was a dramatic change in U.S. propane prices. The change began after the Martin Luther King Jr. Day holiday. Read more»
The quick gains in propane prices like those experienced this past week can have an immediate impact on a retail company’s bottom line. Read more»
As long as export demand remains strong, there is likely to be continued pressure on inventory and thus support for propane prices. Read more»
Propane inventories are still more than adequate, but the focus is on the trends. How will these trends change in 2021? Read more»
Despite ample inventories, U.S. propane prices have appreciated markedly this winter, with most of the gain coming in the last few weeks. Read more»
