Posts by Mark Rachal

Propane prices bounce after possibly hitting bottom Posted on 19 Nov 2018 in the Blue Flame Blog categories.

Propane retailers that only use price to try to steal customers are among the worst opportunity buyers. Read more»

Propane production consistently exceeding 2 million bpd Posted on 12 Nov 2018 in the Blue Flame Blog categories.

Throughout the summer, we monitor inventory builds very carefully and provide data and analysis in our daily reports. By this time of year, we usually start monitoring heating degree-days and... Read more»

Propane’s lower value reflects confidence in supply Posted on 05 Nov 2018 in the Blue Flame Blog categories.

The October sell-off in propane seems to show that players in the propane market are not worried about supply. On Nov. 1, Mont Belvieu LST propane closed at 82 cents,... Read more»

October sees major correction for propane and crude Posted on 29 Oct 2018 in the Blue Flame Blog categories.

October has turned out to be quite frightening for crude and propane bulls. The upward momentum that had been prevalent since April came to a screaming halt. Read more»

What contango and backwardation mean for propane prices this winter Posted on 22 Oct 2018 in the Blue Flame Blog categories.

It has been some time since we have written on the backwardation and contango market structures. Based on comments we hear, we thought it would be good to review these... Read more»

Taking a deeper look at propane price uncertainty Posted on 15 Oct 2018 in the Blue Flame Blog categories.

Throughout last week, Mont Belvieu’s price correction deepened and its value relative to crude continued to deteriorate. Read more»

How to manage propane price uncertainty Posted on 08 Oct 2018 in the Blue Flame Blog categories.

Last week, Mont Belvieu LST (MB) propane prices experienced the first significant downward move since mid-August, dropping 6.75 cents Oct. 2-4. The pullback came after MB set a new high... Read more»

Energy Information Administration provides valuable data Posted on 01 Oct 2018 in the Blue Flame Blog categories.

The primary mission of Cost Management Solutions is to provide propane retailers and consumers with critical information and analysis, along with access to hedging tools, allowing them to manage the... Read more»

US propane/propylene production reaches new milestone Posted on 24 Sep 2018 in the Blue Flame Blog categories.

For the week ending Sept. 14, the Energy Information Administration (EIA) reported U.S. propane/propylene production exceeded 2 million barrels per day (bpd) for the first time. Propane production has been... Read more»

US distillate inventory recovers Posted on 17 Sep 2018 in the Blue Flame Blog categories.

U.S. distillate inventory made a major jump last week that helped significantly reduce the shortfall in inventory levels. For the week ending Sept. 7, the Energy Information Administration (EIA) reported... Read more»