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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Nearly 80 percent of U.S. propane production came from natural gas processing last year. Natural gas production is the engine that drives natural gas supply.
Read More Propane Resources’ managing partner Marty Lerum describes what the 2016-17 winter heating season taught us about propane supply and demand dynamics.
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Production of LP gas increased in all regions of the United States last year except on the West Coast, according to the U.S. Energy Information Administration (EIA).
Read More In 2016, U.S. refineries only provided 20.67 percent of the total fuel-use propane supply of 1.461 million barrels per day (bpd).
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Growing competition from less costly natural gas liquid feedstocks has contributed to a decrease in global demand for naphtha, according to research.
Read More NGL Energy Partners LP will acquire several assets from Murphy Energy Corp., including a natural gas liquids (NGL) terminal and an NGL and condensate facility.
Read More Crestwood Services plans to develop a new rail terminal in Montgomery, New York, to serve propane marketers in New York, New England and the Northeast.
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Natural gas prices have been rising rapidly since mid-November. Winter weather is a key factor in driving prices to their highest level since December 2014.
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A look at U.S. propane supplies from natural gas processing plants shows that output is higher than last year.
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