Part III: Could the inventory trend change in 2023?
January 24, 2023 By Mark Rachal
Trader’s Corner, a weekly partnership with Cost Management Solutions, analyzes propane supply and pricing trends. This week, Mark Rachal,…
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Part II: Could the inventory trend change in 2023?
January 18, 2023 By Mark Rachal
As we begin 2023, Mark Rachal, director of research and publications for Cost Management Solutions, continues to review the change in propane inventory.
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Could the inventory trend change in 2023?
January 10, 2023 By Mark Rachal
As we close out 2022, Mark Rachal, director of research and publications for Cost Management Solutions, looks at the change in propane inventory.
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Watch propane price curves to chart a course
January 3, 2023 By Mark Rachal
Mark Rachal, director of research and publications with Cost Management Solutions, looks at the forward price curve for propane.
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Expectations versus reality: How low propane prices dropped
December 27, 2022 By Mark Rachal
Our predictions were a little right and wrong. We saw the potential for lower prices, but we significantly underestimated the potential size of the drop.
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Propane price drop contributes to rejection conditions
December 20, 2022 By Mark Rachal
We are at the point of rejection occurring, but it has not been based on our premise that natural gas prices would rise faster than crude and propane’s price.
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Propane remains on the move, its inventory position robust
December 13, 2022 By Brian Richesson
The propane industry avoided what one leader called a “catastrophic” situation when Congress intervened to prevent a national rail union strike.
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A rising tide lifts all boats
December 6, 2022 By Mark Rachal
With propane at such a low value, any change in propane’s fundamentals will allow prices to rise with crude, and prices could rise with crude regardless.
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Propane inventory just keeps building
November 29, 2022 By Mark Rachal
Inventory is 9.7 percent above its five-year average. We have only seen inventory higher than this four times in the past 19 years, says Mark Rachal of CMS.
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Propane continues to lead US petroleum product exports
October 18, 2022 By Brian Richesson
Propane was the most-exported U.S. petroleum product in the first half of 2022 by volume, continuing a trend that started in 2020, according to the U.S. Energy Information Administration.
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