There have been two primary factors behind the late-winter weakness in propane prices: rising propane production and lower propane exports.
Read More It is difficult to believe, but domestic propane demand is running slightly below last year’s levels for the same time of year.
Read More According to the U.S. Energy Information Administration, propane exports reached a record high of 913,000 barrels per day in the first half of 2017.
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.
Read More U.S. crude and petroleum exports increased in recent years, and propane exports have accelerated significantly, the Energy Information Administration reports.
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The Propane Education & Research Council has selected industry veteran Thomas “Tucker” Perkins as its next president and CEO, succeeding Roy Willis.
Read More Increased propane production levels and U.S. export demand tied to decreased domestic demand have put the topic of propane supply at the forefront of many retailers’ minds.
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Propane inventories declined from October 2016 through March 2017 due to propane exports, according to the U.S. Energy Information Administration (EIA).
Read More Despite most of the country experiencing, on average, a relatively warm winter so far, certain non-weather-related factors are contributing to higher prices for propane and heating oil when compared to the same time last year, the U.S. Energy Information Administration (EIA) reports.
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The U.S. domestic propane market continues to change. That’s the message from ICF International in a guest column written for LP Gas magazine.
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