
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,…
Read MoreTrader’s Corner, a weekly partnership with Cost Management Solutions, analyzes propane supply and pricing trends. This week, Mark Rachal,…
Read MoreAs we begin 2023, Mark Rachal, director of research and publications for Cost Management Solutions, continues to review the change in propane inventory.
Read MoreAs we close out 2022, Mark Rachal, director of research and publications for Cost Management Solutions, looks at the change in propane inventory.
Read MoreMark Rachal, director of research and publications with Cost Management Solutions, looks at the forward price curve for propane.
Read MoreOur predictions were a little right and wrong. We saw the potential for lower prices, but we significantly underestimated the potential size of the drop.
Read MoreWe 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.
Read MoreThe propane industry avoided what one leader called a “catastrophic” situation when Congress intervened to prevent a national rail union strike.
Read MoreWith 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.
Read MoreInventory 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.
Read MorePropane 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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