Posts by Mark Rachal
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»
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»
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»
U.S. propane inventory grew nearly 4 million barrels last week as exports remained sluggish for a second week in a row. Read more»
On Wednesday, the Energy Information Administration (EIA) reported a significant drop in U.S. propane exports for the week ending Aug. 9. Read more»
A big change in the U.S. propane supply demand balance between 2018 and 2019 has driven prices sharply lower. Read more»
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»
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»
A rise in petrochemical company demand for propane as a feedstock is helping tighten the supply and demand balance for propane. Read more»
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»
