Propane’s relative value to crude continues to set five-year highs
June 5, 2017 By Mark Rachal and Dale Delay
Last week, the Energy Information Administration reported U.S. propane inventory increased 3.446 million barrels.
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Last week, the Energy Information Administration reported U.S. propane inventory increased 3.446 million barrels.
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Propane Resources’ managing partner Marty Lerum describes what the 2016-17 winter heating season taught us about propane supply and demand dynamics.
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For the week ending March 31, the U.S. Energy Information Administration reported a 1.213-million-barrel draw in U.S. propane inventory.
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The growth in propane supply has been extraordinary, especially from 2012 to 2015. However, the growth in supply has slowed dramatically.
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A life-altering experience puts Enderby Gas’ Chad Gregg on a new course at work and at home.
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Propane prices have been on a decline throughout most of February, and that decline has shown little sign of abating. Has the price correction gone too far?
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It’s difficult to pinpoint the cause of the two-day runup in prices that eventually turned into a sharp sell-off. Cost Management Solutions examines the change.
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Propane prices have recently been on a surge. However, those increases in price have been contained to the front month.
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The price difference between the Mont Belvieu and Conway has tightened considerably over the last month and a half.
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Data from the National Energy Board of Canada shows inventory has moved slightly above the five-year average and is nearing where it was at this time last year.
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