Midwest propane retailers face trying times
March 2, 2021 By Mark Rachal
The Midwest has been oversupplied and low-valued long enough that it lacks investment to meet needs in high-demand periods, says Mark Rachal.
Read More 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.
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February brings arctic air and red-hot propane demand
February 16, 2021 By Mark Rachal
U.S. domestic demand for propane increased a whopping 714,000 barrels per day (bpd) during the fifth week of the year to 2.204 million bpd.
Read More Buying propane for next winter might be a good value
February 9, 2021 By Mark Rachal
If we can pluck good news from propane prices, it would be that next winter’s prices are much lower than the current prices.
Read More Low inventory relative to demand places upward pressure on prices
February 2, 2021 By Mark Rachal
Days of supply measures available inventory to demand. As long as days of supply are trending lower, prices are certainly going to feel upward pressure.
Read More Demand, inventory fluctuations lead to big price swing
January 26, 2021 By Mark Rachal
Since last week’s Trader’s Corner, there was a dramatic change in U.S. propane prices. The change began after the Martin Luther King Jr. Day holiday.
Read More Protecting margins when propane prices rise rapidly
January 20, 2021 By Mark Rachal
The quick gains in propane prices like those experienced this past week can have an immediate impact on a retail company’s bottom line.
Read More Fundamentals point to higher propane prices this winter
January 12, 2021 By Mark Rachal
As long as export demand remains strong, there is likely to be continued pressure on inventory and thus support for propane prices.
Read More Propane prices on a rally this winter
December 28, 2020 By Mark Rachal
Despite ample inventories, U.S. propane prices have appreciated markedly this winter, with most of the gain coming in the last few weeks.
Read More Canadian propane producers slow exports to US
December 7, 2020 By Mark Rachal
It has been a curious year to watch the build in Canadian propane inventory. Mark Rachal offers a look at why producers are slowing exports to the U.S.
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