In 2017, Mont Belvieu averaged a higher price than Conway by 4.52 cents. That 4.5-cent spread is maintained because of the oversupply in the Midwest, Cost Management Solutions says.
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Distillate fuel remained the most exported U.S. petroleum product in 2017, averaging 1.4 million barrels per day of gross exports.
Read More The EIA reports the United States exported 905,000 bpd of propane, with the largest volumes going to supply petrochemical feedstock demand in Asian countries.
Read More It’s important for propane retailers to know the latest trends that could impact their access to propane and their ability to serve the domestic market.
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Production of LP gas increased in all regions of the United States last year except on the West Coast, according to the U.S. Energy Information Administration (EIA).
Read More Higher inventories, milder weather and falling crude oil and natural gas prices resulted in a Midwest propane market…
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