Propane’s relative value to crude facing upward winter pressure
November 27, 2017 By Mark Rachal and Dale Delay
Propane prices often go through a bit of a slump between the middle of October and the Thanksgiving holiday.
Read More Weighing the risks associated with locking in propane prices
November 20, 2017 By Mark Rachal and Dale Delay
Relative to West Texas Intermediate’s crude price, Mont Belvieu is valued at 76 percent, while Conway is valued at 73 percent.
Read More West Texas LPG system to expand into Delaware Basin
October 26, 2017 By Joe McCarthy
The expanded pipeline will have an initial capacity of 110,000 barrels per day. Two new pump stations and pipeline looping will increase the capacity to handle the volume.
Read More Traders’ position conflicts with Midwest price movement
October 16, 2017 By Mark Rachal and Dale Delay
As winter approaches, the Midwest, like the rest of the nation, has propane inventory levels that are below the five-year average and well below last year’s.
Read More A look at propane’s current value relative to WTI crude
October 5, 2017 By Mark Rachal and Dale Delay
WTI crude is an important metric because it gives propane retailers a way to evaluate the value of the product they sell. The comparison provides needed guidance when managing the price risks associated with propane supply.
Read More Extreme events put inventory in unusual situations
September 25, 2017 By Mark Rachal and Dale Delay
Propane prices increased after the Energy Information Administration reported U.S. propane inventory fell 1.377 million barrels for the week ending Sept. 15.
Read More What’s causing a big jump in propane inventory?
September 11, 2017 By Mark Rachal and Dale Delay
For the week ending Sept. 1, the U.S. Energy Information Administration (EIA) reported a 6.346-million-barrel build in U.S. propane inventory.
Read More What propane’s value history tells us about the market today
September 5, 2017 By Mark Rachal and Dale Delay
Propane’s relative value to West Texas Intermediate (WTI) crude, the U.S. benchmark crude, continues to rise.
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Enterprise reports minimal damage from Harvey, restores service
September 5, 2017 By Clara Richter
Enterprise Products Partners makes progress on restoring service at its major assets impacted by Hurricane Harvey, and reports no major damages in the wake of the storm.
Read More Enterprise considers curtailment of Mont Belvieu NGL fractionation, storage services
August 31, 2017 By Brian Richesson
Enterprise Products Partners LP is evaluating the potential curtailment of its natural gas liquid fractionation and storage services at its Mont Belvieu complex east of Houston due to the cumulative effects of Hurricane Harvey’s impacts.
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