US propane spot prices on rise since September 2020
September 29, 2021 By Brian Richesson
High international demand and low global propane supply are driving up U.S. wholesale prices to levels not seen in more than five years.
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Small shift in propane price strength worth noting
August 24, 2021 By Mark Rachal
This week, Mark Rachal, director of research and publications, explains why a small shift in propane price strength is worth noting.
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Conway propane prices hold unusual premium over Mont Belvieu
August 17, 2021 By Mark Rachal
Propane’s price may get to the point of curbing the demand from PDH units, but most analysts don’t think that is happening anytime soon.
Read More Energy Transfer completes pipeline expansion project
December 7, 2020 By Brian Richesson
Energy Transfer completed its Lone Star Express Pipeline expansion project earlier this year, boosting NGL capacity out of the Permian and Delaware basins.
Read More Potential impacts of Biden presidency on propane
November 9, 2020 By Mark Rachal
President-elect Joe Biden’s outlook on energy is considerably different than outgoing President Donald Trump’s. Mark Rachal explains how.
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EIA: COVID-19 response to boost propane consumption this winter
October 16, 2020 By Brian Richesson
The U.S. Energy Information Administration (EIA) is anticipating more space heating demand this winter as more people work or attend school from home.
Read More Conway gains in value relative to Mont Belvieu
October 15, 2020 By Mark Rachal
Despite high inventory levels at the propane trading hubs currently, we remain concerned about the potential for local market supply shortages during high winter demand periods.
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 Adjusting benchmarks for crude, propane prices
August 11, 2020 By Mark Rachal
Cost Management Solutions saw prices move outside of the benchmarks for both crude and propane in the weeks after it shared its current short-term benchmarks with readers.
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