Natural gas plant liquids persevere in 2020
February 22, 2021 By Brian Richesson
U.S. natural gas plant liquids bucked the trend of overall fossil fuel production declines in 2020 and increased their production by 7 percent.
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Analyzing U.S. propane production, supply trends
November 2, 2020 By Mark Rachal
This past week, we got an email from one of our clients expressing confusion about U.S. propane production….
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Propane inventory draws go against expectations
October 22, 2020 By Mark Rachal
The last two Weekly Petroleum Status Reports from the Energy Information Administration (EIA) have shown a decline in total U.S. propane inventory.
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EIA: COVID-19 response to boost propane consumption this winter
October 16, 2020 By Brian Richesson
The U.S. Energy Information Administration (EIA) is anticipating more space heating demand this winter as more people work or attend school from home.
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US propane exports strong in first half of 2020
October 9, 2020 By Brian Richesson
U.S. propane exports averaged 1.2 million barrels per day (bpd) in the first half of 2020, an increase of 175,000 bpd (17 percent) from the same period in 2019.
Read More Advice on demand for domestic propane retailers
October 7, 2020 By Mark Rachal
The more the industry can bill and operate like a utility company and move away from the buy-and-mark-up model of a service station, the better.
Read More Has U.S. crude production peaked?
September 29, 2020 By Mark Rachal
The Federal Reserve Bank of Dallas released the results of a survey of oil industry executives last week. The survey found that 66 percent of the 154 executives surveyed believe that U.S. crude production has peaked.
Read More Propane inventory builds to record high for this time of year
September 18, 2020 By Mark Rachal
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 Crude prices trend downward as demand growth stalls
September 9, 2020 By Mark Rachal
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 Propane market surprised by inventory draw
August 25, 2020 By Mark Rachal
The EIA reported a surprising and unusual draw of 41,000 barrels in U.S. propane inventory, which came when industry analysts expected a 2.31 million-barrel build.
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