Exports harness propane inventory builds, prices
April 30, 2018 By Mark Rachal and Dale Delay
This year, domestic demand has remained high due to a long winter heating season, when compared to recent winters.
Read More Low Midwest inventory at odds with weak Conway values
April 23, 2018 By Mark Rachal and Dale Delay
Last Wednesday the EIA reported that U.S. propane inventory stood at 35.872 million barrels for the week ending April 13.
Read More Weak propane exports offset domestic demand
April 16, 2018 By Mark Rachal and Dale Delay
The U.S. Energy Information Administration reported U.S. domestic demand for propane at 1.496 million barrels per day (bpd) for the week ending April 6.
Read More Bearish factors undermine propane’s value
April 10, 2018 By Mark Rachal and Dale Delay
Propane’s relative value to West Texas Intermediate crude is already slightly below the low end of the range we expected for this summer.
Read More The changing propane marketplace and you
April 2, 2018 By Mark Rachal and Dale Delay
Change has been in the works for several years now as the U.S. propane market has become a net exporter of propane.
Read More Inventory history provides perspective on current levels
March 26, 2018 By Mark Rachal and Dale Delay
Last week, the U.S. Energy Information Administration reported U.S. propane inventory had fallen to 36.759 million barrels for the week ending March 16.
Read More Determining OPEC, crude’s impact on propane values
March 5, 2018 By Mark Rachal and Dale Delay
Any forecast on propane prices begins with trying to determine where crude will be priced.
Read More Price spread between Mont Belvieu, Conway balloons
February 26, 2018 By Mark Rachal and Dale Delay
As the impacts of winter demand wane this time of year, it is not unusual to see Conway prices move toward the weak side.
Read More Drop in exports a key factor in late-winter price weakness
February 20, 2018 By Mark Rachal and Dale Delay
There have been two primary factors behind the late-winter weakness in propane prices: rising propane production and lower propane exports.
Read More Favorable relative value for Mont Belvieu, Conway propane
February 12, 2018 By Mark Rachal and Dale Delay
Cost Management Solutions’ Mark Rachal takes a look at propane’s relative value to crude and how it is trending compared with last year.
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