Analyzing demand data to clarify propane supply picture
July 17, 2017 By Mark Rachal
For the week ending July 7, the U.S. Energy Information Administration (EIA) reported a significant recovery in U.S….
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For the week ending July 7, the U.S. Energy Information Administration (EIA) reported a significant recovery in U.S….
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Growth in U.S. propane production has slowed from the breakneck pace of recent years, but it’s still on the rise in 2017.
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The U.S. remained the world’s top producer of petroleum and natural gas hydrocarbons for the past five years, the Energy Information Administration reports.
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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 production is expected to increase in the Marcellus and Utica shale plays through at least 2030, according to an IHS Markit report.
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Although most of the propane produced in the United States is still shipped by pipeline, an analysis of new U.S. Energy Information Administration (EIA) data shows just how reliant the industry has become on rail to move product.
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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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LP Gas finds out what factors specific to the current heating season will impact total propane inventory through March 2017.
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In trying to determine if propane supplies will tighten going forward, CMS has been monitoring propane production from natural gas processing plants.
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A huge jump in propane/propylene production was a key factor in the well-above-normal 2.259-million-barrel inventory build reported by…
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