What drives propane inventory levels?
August 3, 2021 By Mark Rachal
Mark Rachal, director of research and publications for Cost Management Solutions, addresses the fundamental drivers of propane inventory levels.
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Mark Rachal, director of research and publications for Cost Management Solutions, addresses the fundamental drivers of propane inventory levels.
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Propane prices are mostly influenced by crude’s price, not natural gas’s price. But the vast majority of propane supply comes from natural gas processing.
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How Alberta, Canada’s five goals to become a top supplier of clean and responsibly sourced natural gas will affect the propane industry.
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Do some “out of the box” thinking by looking into nontraditional technology that can assist you in providing additional levels of safety for your customers.
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Natural gas fundamentals are very important for propane retailers to monitor, since 80 percent of propane supply comes from natural gas processing.
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A wealth of propane-specific information came out of this year’s Winter Fuels Outlook, released by the U.S. Energy Information Administration.
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The United States saw a 5 percent increase in natural gas processing capacity and processing throughput between 2014 and 2017 in the lower 48 states.
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An increase in natural gas production has caused a significant increase in propane supply from natural gas processing operations.
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Conversions away from fuel oil expected to decline in the coming years.
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U.S. propane production from natural gas processing plants jumped in October 2017, according to the latest data from the U.S. Energy Information Administration.
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