Posts by Mark Rachal

Propane inventory back over 100 million barrels Posted on 07 Oct 2019 in the Blue Flame Blog categories.

Last Wednesday, the Energy Information Administration reported that U.S. propane inventory increased 971,000 barrels to 100.641 million barrels. The previous week, inventory surprisingly declined by 1.024 million barrels, dropping it... Read more»

Major jump in propane demand decreases inventory Posted on 30 Sep 2019 in the Blue Flame Blog categories.

For the week ending Sept. 20, the U.S. Energy Information Administration reported a major jump in U.S. propane demand of 743,000 barrels per day. Read more»

Crude production and drilling impact propane supply Posted on 24 Sep 2019 in the Blue Flame Blog categories.

Last week in Trader’s Corner, we took a close look at natural gas production and drilling. Since more than 80 percent of propane supply comes from natural gas processing, it... Read more»

How natural gas production and drilling trends impact propane supply Posted on 16 Sep 2019 in the Blue Flame Blog categories.

Over 80 percent of propane supply comes from natural gas processing. Therefore, to determine the outlook for propane supply, it’s essential to keep up with natural gas production and drilling... Read more»

Propane prices defy inventory trend Posted on 09 Sep 2019 in the Blue Flame Blog categories.

U.S. propane inventory is very close to breaking its five-year highs. Those inventory highs were set in 2015 and 2016. Click to enlarge. Image: Cost Management Solutions During July, it... Read more»

US crude production continues to rise Posted on 03 Sep 2019 in the Blue Flame Blog categories.

U.S. crude production continues to rise, reaching a record high of 12.5 million barrels per day during the week that ended Aug. 23. Read more»

Propane export market weakens, inventory builds Posted on 27 Aug 2019 in the Blue Flame Blog categories.

U.S. propane inventory grew nearly 4 million barrels last week as exports remained sluggish for a second week in a row. Read more»

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»