Media: LP Gas Magazine

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Posts by Mark Rachal

Export drop contributes to inventory gain Posted on 19 Aug 2019 in the Blue Flame Blog categories.

On Wednesday, the Energy Information Administration (EIA) reported a significant drop in U.S. propane exports for the week ending Aug. 9. Read more»

Price movements along the supply & demand balance Posted on 12 Aug 2019 in the Blue Flame Blog categories.

A big change in the U.S. propane supply demand balance between 2018 and 2019 has driven prices sharply lower. Read more»

Destinations evolve due to values, infrastructure Posted on 05 Aug 2019 in the Blue Flame Blog categories.

The focus of last week’s Trader’s Corner was Canadian propane inventory, which is setting five-year lows for this time of year. As we pointed out, a big reason is increased exports by Canadian producers. Read more»

What low Canadian inventory tells us about product flow Posted on 29 Jul 2019 in the Blue Flame Blog categories.

The latest data from the National Energy Board (NEB) of Canada shows propane inventory posting a new five-year low for June. Click to enlarge. Image: Cost Management Solutions June inventory... Read more»

More petrochemical demand for propane Posted on 22 Jul 2019 in the Blue Flame Blog categories.

A rise in petrochemical company demand for propane as a feedstock is helping tighten the supply and demand balance for propane. Read more»

Surprise US propane inventory draw Posted on 15 Jul 2019 in the Blue Flame Blog categories.

The Energy Information Administration surprised propane markets on Wednesday by reporting a draw on U.S. propane inventory for the week ending July 5. The draw was a result of an... Read more»

Propane prices driven down by inventory build Posted on 08 Jul 2019 in the Blue Flame Blog categories.

Weekly estimates from the Energy Information Administration show a robust U.S. propane export market. Exports have been above a million barrels per day (bpd) for 14 straight weeks, averaging 1.194... Read more»

Propane price reflects oversupply nationwide Posted on 01 Jul 2019 in the Blue Flame Blog categories.

The price spread between Mont Belvieu LST propane and Conway propane ballooned last month. Leading up to June, the difference in prices between the two hubs had been narrowing. Mont... Read more»

Supply keeping crude markets calm Posted on 17 Jun 2019 in the Blue Flame Blog categories.

Recently, there have been significant threats to crude supplies, but crude markets have remained relatively calm. Crude prices are more than 20 percent below their recent peak, despite numerous attacks... Read more»

Propane prices down to multi-year lows Posted on 11 Jun 2019 in the Blue Flame Blog categories.

May was a bearish month for propane. Falling crude and sluggish fundamentals combined to send propane prices down to multi-year lows. Read more»