Propane shakes off growing list of headwinds
October 19, 2021 By Mark Rachal
Mark Rachal, director of research and publications at Cost Management Solutions, discusses propane pricing trends and the impact of heating-degree days.
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Mark Rachal, director of research and publications at Cost Management Solutions, discusses propane pricing trends and the impact of heating-degree days.
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Despite last week’s inventory draw, propane prices moved lower. Mark Rachal of Cost Management Solutions explains what this means for price protection.
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Mark Rachal of Cost Management Solutions offers steps propane buyers can take to protect themselves from rising propane prices this winter.
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Propane retailers must go into their peak demand period assuming they will continue to see strong competition for the available supply.
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With the disappointing week 35 build in the books, U.S. propane inventory is 25.94 million barrels, or 27.2 percent, below this time last year.
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This week, Mark Rachal, director of research and publications, explains why a small shift in propane price strength is worth noting.
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When Bruce Leonard of Targa Resources talks propane supply and winter preparedness, he places an emphasis on filling downstream storage locations.
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Propane’s price may get to the point of curbing the demand from PDH units, but most analysts don’t think that is happening anytime soon.
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Propane inventory is declining, and the underlying data tells us why. Mark Rachal explains how supply impacts propane inventory levels.
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Mark Rachal, director of research and publications for Cost Management Solutions, addresses the fundamental drivers of propane inventory levels.
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