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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Export drop contributes to inventory gain
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.
Read More Propane prices driven down by inventory build
July 8, 2019 By Mark Rachal
Weekly estimates from the Energy Information Administration show a robust U.S. propane export market. Exports have been above…
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Propane prices down to multi-year lows
June 11, 2019 By Mark Rachal
May was a bearish month for propane. Falling crude and sluggish fundamentals combined to send propane prices down to multi-year lows.
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Petrochemical demand for propane decreases
June 3, 2019 By Mark Rachal
Petrochemical companies have been choosing ethane over propane. See what the propane demand decrease means for domestic demand and prices.
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Propane fundamental support may raise prices
May 13, 2019 By Mark Rachal
Propane supply was outpacing propane export and domestic demand this spring, which caused inventory to rise, putting downward pressure on prices.
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Propane’s value declining due to supply imbalance
April 2, 2019 By Mark Rachal
In Trader’s Corner, we have written extensively about the high growth rate in propane supply compared to the…
Read More Williams, Targa Resources team on NGL pipeline projects
February 19, 2019 By Brian Richesson
Williams and Targa Resources Corp. agreed on new natural gas liquids pipeline projects that will link the Conway, Kansas, and Mont Belvieu, Texas, markets.
Read More Williams completes sale of several Gulf Coast pipeline systems
January 18, 2019 By Brian Richesson
Williams sold certain pipeline systems located in the Gulf Coast area to Easton Energy LLC for $177 million in cash, the Oklahoma company announced.
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October sees major correction for propane and crude
October 29, 2018 By Mark Rachal and Dale Delay
October has turned out to be quite frightening for crude and propane bulls. The upward momentum that had been prevalent since April came to a screaming halt.
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