Midwest propane supply issues have wide-ranging impacts
November 11, 2019 By Mark Rachal
There has been a shift in the price relationship between Mont Belvieu propane and Hattiesburg propane over the past year.
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Propane supply growth begins to slow
November 4, 2019 By Mark Rachal
Propane/propylene supply is setting five-year highs with each passing week, but it appears to have peaked at 2.361 million bpd during the week ending Aug. 2.
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Liquefied natural gas exports expand propane supply
October 21, 2019 By Mark Rachal
Why is this important? The increase in LNG export volumes allows the production of more natural gas. More natural gas production means increased propane supplies.
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Propane’s relative value drops to record lows
October 14, 2019 By Mark Rachal
Propane’s relative value drops to record lows as winter approaches. Such low valuation reflects record-high production that is overwhelming demand.
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Major jump in propane demand decreases inventory
September 30, 2019 By Mark Rachal
For the week ending Sept. 20, the U.S. Energy Information Administration reported a major jump in U.S. propane demand of 743,000 barrels per day.
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Crude production and drilling impact propane supply
September 24, 2019 By Mark Rachal
Last week in Trader’s Corner, we took a close look at natural gas production and drilling. Since more…
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US crude production continues to rise
September 3, 2019 By Mark Rachal
U.S. crude production continues to rise, reaching a record high of 12.5 million barrels per day during the week that ended Aug. 23.
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Propane export market weakens, inventory builds
August 27, 2019 By Mark Rachal
U.S. propane inventory grew nearly 4 million barrels last week as exports remained sluggish for a second week in a row.
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August 19, 2019 By Mark Rachal
On Wednesday, the Energy Information Administration (EIA) reported a significant drop in U.S. propane exports for the week ending Aug. 9.
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Price movements along the supply & demand balance
August 12, 2019 By Mark Rachal
A big change in the U.S. propane supply demand balance between 2018 and 2019 has driven prices sharply lower.
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