Propane market surprised by inventory draw
August 25, 2020 By Mark Rachal
The EIA reported a surprising and unusual draw of 41,000 barrels in U.S. propane inventory, which came when industry analysts expected a 2.31 million-barrel build.
Read More Crude demand expected to recover by 2022
July 10, 2020 By Mark Rachal
Crude demand is expected to decline 8 percent this year, increase 6 percent next year and fully recover in 2022.
Read More Midwest propane supply scenario similar to 2013
December 23, 2019 By Brian Richesson
A report from the U.S. Energy Information Administration (EIA) reminded us of just how similar the current supply…
Read More
Drilled/uncompleted well inventory drops as drilling activity slows
November 25, 2019 By Mark Rachal
Drilled/uncompleted well inventory drops as drilling activity slows. U.S. producers have been drilling oil wells faster than they could complete them.
Read More
Propane supply growth begins to slow
November 4, 2019 By Mark Rachal
Propane/propylene supply is setting five-year highs with each passing week, but it appears to have peaked at 2.361 million bpd during the week ending Aug. 2.
Read More
Liquefied natural gas exports expand propane supply
October 21, 2019 By Mark Rachal
Why is this important? The increase in LNG export volumes allows the production of more natural gas. More natural gas production means increased propane supplies.
Read More Crude production and drilling impact propane supply
September 24, 2019 By Mark Rachal
Last week in Trader’s Corner, we took a close look at natural gas production and drilling. Since more…
Read More
Price movements along the supply & demand balance
August 12, 2019 By Mark Rachal
A big change in the U.S. propane supply demand balance between 2018 and 2019 has driven prices sharply lower.
Read More Fuel-use propane production off to strong start
May 6, 2019 By Mark Rachal
Total fuel-use propane production from January 2018 to this January increased. Compared with 2017, supply growth is very strong this year.
Read More
Making our point about propane ‘Supply Points’
April 8, 2019 By Brian Richesson
In our monthly print and digital editions of LP Gas magazine, we feature a section that highlights the…
Read More
