US is oversupplied with propane
March 4, 2024 By Mark Rachal
This week, Mark Rachal, director of research and publications, examines the balance of U.S. propane supply and demand.
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This week, Mark Rachal, director of research and publications, examines the balance of U.S. propane supply and demand.
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U.S. propane exports have been driving increases in U.S. petroleum product exports for the past four years, the U.S. Energy Information Administration reports.
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In this week’s Trader’s Corner, Mark Rachal, director of research and publications with Cost Management Solutions, gives an overview of propane production.
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Midstream operators are readying assets for the additional growth in fractionation capacity to separate the liquids into their respective purity products.
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A rapid increase in U.S. propane exports to Asia in recent years contributed to the U.S. reaching a record export level of 1.7 million barrels per day in March.
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Mark Rachal, director of research and publications for Cost Management Solutions, reviews propane’s price and how to determine when to buy.
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In this week’s Trader’s Corner, Mark Rachal analyzes how a slowdown in crude and natural gas drilling could impact propane prices.
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In this week’s Trader’s Corner, Mark Rachal, director of research and publications with Cost Management Solutions, analyzes propane exports.
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U.S. production of propane from October 2022 through March 2023 reached record highs, according to U.S. Energy Information Administration weekly data.
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Cost Management Solutions’ Mark Rachal evaluates how releases from the U.S. Strategic Petroleum Reserve will impact prices.
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