Posts by Mark Rachal

Propane prices driven down by inventory build Posted on 08 Jul 2019 in the Blue Flame Blog categories.

Weekly estimates from the Energy Information Administration show a robust U.S. propane export market. Exports have been above a million barrels per day (bpd) for 14 straight weeks, averaging 1.194... Read more»

Propane price reflects oversupply nationwide Posted on 01 Jul 2019 in the Blue Flame Blog categories.

The price spread between Mont Belvieu LST propane and Conway propane ballooned last month. Leading up to June, the difference in prices between the two hubs had been narrowing. Mont... Read more»

Supply keeping crude markets calm Posted on 17 Jun 2019 in the Blue Flame Blog categories.

Recently, there have been significant threats to crude supplies, but crude markets have remained relatively calm. Crude prices are more than 20 percent below their recent peak, despite numerous attacks... Read more»

Propane prices down to multi-year lows Posted on 11 Jun 2019 in the Blue Flame Blog categories.

May was a bearish month for propane. Falling crude and sluggish fundamentals combined to send propane prices down to multi-year lows. Read more»

Petrochemical demand for propane decreases Posted on 03 Jun 2019 in the Blue Flame Blog categories.

Petrochemical companies have been choosing ethane over propane. See what the propane demand decrease means for domestic demand and prices. Read more»

Propane production outpaces demand Posted on 28 May 2019 in the Blue Flame Blog categories.

Combined domestic demand and export volumes are not keeping up with increases in propane production. This results in building inventory and falling prices. Read more»

Middle East tension may affect global crude supply Posted on 20 May 2019 in the Blue Flame Blog categories.

Crude oil prices are moving higher with the potential for carrying propane prices along for the ride. There is a speculative premium being added to crude as tension in the... Read more»

Propane fundamental support may raise prices Posted on 13 May 2019 in the Blue Flame Blog categories.

Propane supply was outpacing propane export and domestic demand this spring, which caused inventory to rise, putting downward pressure on prices. Read more»

Fuel-use propane production off to strong start Posted on 06 May 2019 in the Blue Flame Blog categories.

Total fuel-use propane production from January 2018 to this January increased. Compared with 2017, supply growth is very strong this year. Read more»

A look at US crude and the crude products balance Posted on 29 Apr 2019 in the Blue Flame Blog categories.

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»