Propane inventories back on track
October 14, 2024 By Mark Rachal
Mark Rachal explores the recent moves in propane inventories.
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Mark Rachal explores the recent moves in propane inventories.
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For the week ending Aug. 9, the U.S. Energy Information Administration reported U.S. propane inventories exceeded the 90-million-barrel mark.
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Improving the inventory position on the Gulf Coast will bring relief to propane markets and perhaps take some of the pressure off propane prices.
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With a La Niña, cold waters in the Pacific Ocean push the jet stream northward, affecting the weather in and around the United States.
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This week, Cost Management Solutions’ Mark Rachal takes a closer look at the current market and the recent inventory build.
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In preparation for next winter, Mark Rachal focuses on the buying plan for a propane retailer that will be executed over the next couple of months.
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Mark Rachal, director of research and publications with Cost Management Solutions, examines why natural gas production is slowing and how it will impact propane.
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As production has increased over the past few weeks, so have propane inventories.
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Mark Rachal, director of research and publications, explains how the Energy Information Administration’s new data point will benefit propane industry members.
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Mark Rachal, director of research and publications at Cost Management Solutions, discusses the impacts of a tighter inventory for refined fuels this summer.
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