Posts by Mark Rachal
Image: Cost Management Solutions. Click to expand. As we look back on 2019 concerning propane, we would have to call it the year of production. Last week in Trader’s Corner,... Read more»
It is the middle of winter, yet propane prices are falling even as crude prices rise. Read more»
This past Wednesday, the Energy Information Administration released its Weekly Petroleum Status Report, showing data collected for the week ending Dec. 6. Read more»
Natural gas fundamentals are very important for propane retailers to monitor, since 80 percent of propane supply comes from natural gas processing. Read more»
Drilled/uncompleted well inventory drops as drilling activity slows. U.S. producers have been drilling oil wells faster than they could complete them. Read more»
In this Trader’s Corner, we will focus on the changes in the price relationship between Mont Belvieu and Conway, Kansas, between last year and now. Read more»
There has been a shift in the price relationship between Mont Belvieu propane and Hattiesburg propane over the past year. Read more»
Propane/propylene supply is setting five-year highs with each passing week, but it appears to have peaked at 2.361 million bpd during the week ending Aug. 2. Read more»
Why is this important? The increase in LNG export volumes allows the production of more natural gas. More natural gas production means increased propane supplies. Read more»
Propane’s relative value drops to record lows as winter approaches. Such low valuation reflects record-high production that is overwhelming demand. Read more»
