Posts by Mark Rachal
Propane supply was outpacing propane export and domestic demand this spring, which caused inventory to rise, putting downward pressure on prices. Read more»
Total fuel-use propane production from January 2018 to this January increased. Compared with 2017, supply growth is very strong this year. Read more»
To evaluate the U.S.'s energy independence, we evaluate U.S. crude and the crude products balance, and which countries import our light crude. Read more»
With so much production in the Midwest relative to demand potential, producers simply do not want to hold inventory there. Read more»
April is when we make the transition from monitoring heating-degree days and the impact of winter weather to more closely monitoring propane inventory to see how it is accumulating for... Read more»
In Trader’s Corner, we have written extensively about the high growth rate in propane supply compared to the slower growth in propane exports and domestic demand. This week’s Trader’s Corner... Read more»
In this week’s Trader’s Corner, we revisit a topic that we have discussed numerous times this year: the growth in U.S. propane production compared to propane exports. There is new... Read more»
Midwest propane inventory fell below 10 million barrels for the week ending March 8. This comes after a 1.324-million-barrel drop. Midwest inventory is now 742,000 barrels less than it was... Read more»
The propane inventory number reported each week by the Energy Information Administration also includes propylene. Propylene is a non-fuel used in the petrochemical industry primarily to make polypropylene, which is... Read more»
Propane values continue to retreat against WTI crude, which reflects weaker fundamental conditions for propane. Read more»








