Decreasing crude supply may hinder propane supply
February 23, 2021 By Mark Rachal
Despite the effects of the coronavirus pandemic, U.S. demand for petroleum products is recovering. Supply, however, is not.
Read More Why are US crude inventories falling when they are normally building?
January 8, 2018 By Mark Rachal and Dale Delay
At this time of year, we expect refinery throughput to be lower. However, inventory has continued to fall this winter at a sharp pace.
Read More Crude inventory drawdown’s relation to crude production
August 21, 2017 By Mark Rachal and Dale Delay
Crude prices have been volatile throughout the August downtrend. They moved higher from mid-June through July, but dropped from $50.17 to below $47 in August.
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Big build in crude inventory follows previous week’s draw
November 6, 2016 By Mark Rachal and Dale Delay
For the week ending Oct. 28, EIA’s Weekly Petroleum Status Report revealed U.S. crude inventory increased by a record-high 14.42 million barrels.
Read More US crude inventory draws could up fall propane pricing
October 10, 2016 By Mark Rachal, Dale Delay and LP Gas
Last week, the Energy Information Administration (EIA) reported U.S. crude inventory fell 2.976 million barrels.
Read More Cushing crude inventory a weight for propane prices
January 11, 2016 By Mark Rachal and Dale Delay
Five months ago, Goldman Sachs forecasted that crude prices could drop to $20 per barrel if the Organization…
Read More What high crude inventory means for propane prices
November 23, 2015 By Mark Rachal and Dale Delay
The Energy Information Administration’s Weekly Petroleum Status Report for the week ending Nov. 13 reported U.S. crude inventory,…
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