Examining the major propane price shift in April
May 7, 2018 By Mark Rachal and Dale Delay
Propane prices saw a significant change in April. Get more details on this shift.
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Propane prices saw a significant change in April. Get more details on this shift.
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This year, domestic demand has remained high due to a long winter heating season, when compared to recent winters.
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The U.S. Energy Information Administration reported U.S. domestic demand for propane at 1.496 million barrels per day (bpd) for the week ending April 6.
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What was your biggest takeaway from this past winter? Members of LP Gas’ editorial advisory board answer this question.
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Propane’s relative value to West Texas Intermediate crude is already slightly below the low end of the range we expected for this summer.
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Change has been in the works for several years now as the U.S. propane market has become a net exporter of propane.
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Members of LP Gas magazine’s editorial advisory board share some highlights on working in the propane industry.
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Last week, the U.S. Energy Information Administration reported U.S. propane inventory had fallen to 36.759 million barrels for the week ending March 16.
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Through a combination of considered choices and trial and error, we figured out our CMS is the most important software component of our technology strategy.
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Any forecast on propane prices begins with trying to determine where crude will be priced.
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