Export demands have slowed, but US inventories lack growth
May 8, 2017 By Mark Rachal and Dale Delay
Propane prices have been falling since mid-April as weakening export economics worry traders.
Read More US refinery utilization, throughput kick into high gear
May 1, 2017 By Mark Rachal and Dale Delay
Last year, only slightly more than 20 percent of U.S. propane came from the refining of crude oil.
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Falling natural gas production affects propane supply
April 17, 2017 By Mark Rachal and Dale Delay
Nearly 80 percent of U.S. propane production came from natural gas processing last year. Natural gas production is the engine that drives natural gas supply.
Read More US propane inventory situation intensifies after going against industry expectations
April 10, 2017 By Mark Rachal and Dale Delay
For the week ending March 31, the U.S. Energy Information Administration reported a 1.213-million-barrel draw in U.S. propane inventory.
Read More How US crude production is offsetting OPEC’s cuts
April 3, 2017 By Mark Rachal and Dale Delay
By now, almost everyone knows that the Organization of the Petroleum Exporting Countries and other major crude-producing nations have reduced their production.
Read More Tight propane inventory deserves more attention than weekly expectations
March 27, 2017 By Mark Rachal and Dale Delay
U.S. propane prices are hammered when propane inventory data doesn’t line up with industry expectations.
Read More Refineries see gain in 2016 propane output as gas plant supply growth wanes
March 20, 2017 By Dale Delay and Mark Rachal
In 2016, U.S. refineries only provided 20.67 percent of the total fuel-use propane supply of 1.461 million barrels per day (bpd).
Read More Speculative bulls contribute to crude selloff
March 13, 2017 By Mark Rachal and Dale Delay
Since Feb. 23, West Texas Intermediate crude has been in a downward price trend.
Read More Fundamentals should keep prices well above last year’s low levels
March 6, 2017 By Dale Delay and Mark Rachal
The growth in propane supply has been extraordinary, especially from 2012 to 2015. However, the growth in supply has slowed dramatically.
Read More Has the propane price correction gone too far?
February 27, 2017 By Dale Delay and Mark Rachal
Propane prices have been on a decline throughout most of February, and that decline has shown little sign of abating. Has the price correction gone too far?
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