Posts by Mark Rachal

Reviewing natural gas’ relationship to propane Posted on 02 Dec 2019 in the Blue Flame Blog categories.

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 Posted on 25 Nov 2019 in the Blue Flame Blog categories.

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»

Mont Belvieu/Conway price differential declines Posted on 18 Nov 2019 in the Blue Flame Blog categories.

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»

Midwest propane supply issues have wide-ranging impacts Posted on 11 Nov 2019 in the Blue Flame Blog categories.

There has been a shift in the price relationship between Mont Belvieu propane and Hattiesburg propane over the past year. Read more»

Propane supply growth begins to slow Posted on 04 Nov 2019 in the Blue Flame Blog categories.

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»

Liquefied natural gas exports expand propane supply Posted on 21 Oct 2019 in the Blue Flame Blog categories.

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 Posted on 14 Oct 2019 in the Blue Flame Blog categories.

Propane’s relative value drops to record lows as winter approaches. Such low valuation reflects record-high production that is overwhelming demand. Read more»

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»