The implication for propane retailers is that petrochemicals could demand more propane moving forward if the trend in ethane’s relative value to propane continues on its current path.
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Propane inventory has increased 10.774 million barrels since its first build for this year, which occurred during the week ending April 21.
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Exports and imports of hydrocarbons across Enterprise Products Partners’ marine terminals totaled 146 million barrels in the first quarter of 2017.
Read More The Government of Alberta’s Petrochemicals Diversification Program has approved $500 million in royalty credits for two dehydrogenation (PDH) projects, which will process propane extracted from natural gas resources into plastics products, in Alberta, Canada.
Read More A portion of an Enterprise Products Partners pipeline carrying an ethane/propane mix near Kansas City, Missouri, caught fire Tuesday.
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For the week ending March 25, the Energy Information Administration (EIA) reported U.S. propane/propylene demand at 1.069 million…
Read More Exports and petrochemicals are two propane demand areas we reference often in Trader’s Corner. They’ve become more of…
Read More Williams Cos. Inc., a provider of energy infrastructure, reported on March 23 its new offgas liquids extraction plant north…
Read More Total U.S. petroleum product exports increased in 2015, up 467,000 barrels per day (bpd) over 2014 levels. The United…
Read More Phillips 66 began operations at its 100,000-barrels-per-day (bpd) natural gas liquids (NGL) fractionator, located at the company’s Sweeny…
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