Back to the benchmarks: The latest in crude, propane pricing
November 23, 2020 By Mark Rachal
Those of you who are regular readers of Trader’s Corner will remember that we set benchmarks on crude…
Read More Understanding the separation between crude and propane
November 16, 2020 By Mark Rachal
Normally, there is a fairly close correlation between the price direction of propane and crude, but sometimes they…
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 Mark Rachal offers insight on propane supply for winter 2020-21
October 1, 2020 By Sarah Peecher
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 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.
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Retailers advised on factors that could impact supply this winter
September 28, 2020 By James Guyette
In what has been an especially unpredictable year, propane retailers are now looking ahead to winter to prepare for heating season in a variety of ways.
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.
Read More Don’t be overly bearish about propane just yet
August 19, 2020 By Mark Rachal
Developments in crude production and pricing should be watched carefully to see how that translates to propane production and pricing leading up to winter.
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