For the week ending Sept. 4, U.S. propane inventory was at 97.380 million barrels – a record high for this time of year and 5.424 million barrels below its all-time high.
Read More Cost Management Solutions’ benchmark prices are at 50 cents per gallon for Mont Belvieu LST and $42 per barrel for WTI crude, but there is potential for a drop.
Read More In an interview with LP Gas, Mark Rachal of Cost Management Solutions advises that retailers stay ahead of the game on propane cost and supply when considering the upcoming winter.
Read More As fate would have it, propane pushed above 50.2 percent of WTI crude and 48 cents over the past week.
Read More Propane fundamentals changed in 2020, causing the inventory overhang to be eliminated and pushing propane to the 50/50 marks.
Read More Crude demand is expected to decline 8 percent this year, increase 6 percent next year and fully recover in 2022.
Read More Producers voluntarily shut production during April, and the associated natural gas liquids loss dramatically impacted propane fundamentals.
Read More Mark Rachal looks at the relationship between propane and crude, and what to expect going forward based on that relationship.
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Each month, LP Gas provides updates on the U.S. propane market, as well as the latest trends. The data for June 2020 focuses on propane inventory and production.
Read More Over the past five weeks, propane production has been down. Mark Rachal takes a look at the scoreboard for U.S. propane inventory levels compared to prices.
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