US propane inventories highest ever

October 21, 2024 By Mark Rachal

U.S. propane inventories are the highest they have ever been and may go even higher before the sustained drawdown begins.

This article is tagged with Cost Management Solutions, crude inventory, inventory, Mark Rachal, propane inventories, propane prices, propane traders, Trader's Corner, WTI and posted in Blue Flame Blog

Chart 1: Crude and propane closing prices

Propane price movement driven by export terminal maintenance

October 7, 2024 By Mark Rachal

Mark Rachal describes the events behind the recent change in propane prices.

This article is tagged with Cost Management Solutions, crude prices, Mark Rachal, Mont Belvieu, propane prices, propane pricing, propane traders, Trader's Corner and posted in Blue Flame Blog

Chart 1: Crude and propane closing prices (Cost Management Solutions)

Propane prices head to the slopes

September 16, 2024 By Mark Rachal

For Mark Rachal of Cost Management Solutions, a recent slope in propane prices has been a joy to run for propane buyers.

This article is tagged with Cost Management Solutions, Mark Rachal, propane prices, Trader's Corner and posted in Blue Flame Blog

Chart 1: Belvieu propane percent of crude. (Cost Management Solutions)

Reconsider: Is it a good time to buy propane?

September 9, 2024 By Mark Rachal

Every propane retailer has asked someone or something at one point or another if it is a good time to buy propane.

This article is tagged with Cost Management Solutions, crude prices, Mark Rachal, propane prices, propane traders, Trader's Corner and posted in Blue Flame Blog

Chart 1: Mt Belvieu - ETR, current. Cost Management Solutions

Expanding your price protection window

September 3, 2024 By Mark Rachal

It would be wise for propane buyers to expand the time frame in which they obtain price protection beyond one year.

This article is tagged with Cost Management Solutions, Mark Rachal, propane prices, propane traders, Trader's Corner and posted in Blue Flame Blog

Chart 1: Crude and propane closing prices, recent price history. Cost Management Solutions

Buy window for propane finally open again

August 5, 2024 By Mark Rachal

The buy window for propane has opened again for the first time since the end of May.

This article is tagged with Cost Management Solutions, crude prices, Mark Rachal, pricing, propane prices, Trader's Corner and posted in Blue Flame Blog

Price protection: Getting ahead of the curve

July 29, 2024 By Mark Rachal

The summer months are usually the buying season for propane retailers trying to get price protection against higher prices for the upcoming winter, but propane retailers willing to plan further out can get ahead of the curve.

This article is tagged with Cost Management Solutions, Mark Rachal, price, pricing, propane prices, Trader's Corner and posted in Blue Flame Blog

Chart 1: Total US Propane Exports 2019 Forward (Chart courtesy of CMS)

Inventory movement raises questions about propane prices

July 15, 2024 By Mark Rachal

Improving the inventory position on the Gulf Coast will bring relief to propane markets and perhaps take some of the pressure off propane prices.

This article is tagged with Cost Management Solutions, export, Gulf Coast, Gulf Coast propane inventory, Mark Rachal, Midwest, propane inventories, propane inventory, propane price, propane prices, propane pricing, Trader's Corner and posted in Blue Flame Blog

Opening the buying window

July 1, 2024 By Mark Rachal

Join Cost Management Solutions for a free 30-minute Virtual Hedging webinar on Tuesday, July 30 at 10 a.m….

This article is tagged with Cost Management Solutions, customer retention, domestic demand, heating oil, heating season, Mark Rachal, price, propane demand, propane prices, propane suppliers, propane supply and demand, propane traders, Trader's Corner and posted in Blue Flame Blog

Photo credit: NASA Goddard Photo and Video

Expected La Niña could heighten hurricane season

May 20, 2024 By Brian Richesson

With a La Niña, cold waters in the Pacific Ocean push the jet stream northward, affecting the weather in and around the United States.

This article is tagged with Energy Transfer, Mont Belvieu, National Oceanic and Atmospheric Administration (NOAA), propane exports, propane inventories, propane prices, propane retailers, Trader's Corner, U.S. Energy Information Administration (EIA), weather, winter and posted in Blue Flame Blog

TAG: propane prices