Maintaining an adequate supply of railroad-routed propane, and the necessary amount of tanker cars to haul it, is critical to fulfill U.S. propane needs.
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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 is expected to decline 8 percent this year, increase 6 percent next year and fully recover in 2022.
Read More A report from the U.S. Energy Information Administration (EIA) reminded us of just how similar the current supply…
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Drilled/uncompleted well inventory drops as drilling activity slows. U.S. producers have been drilling oil wells faster than they could complete them.
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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.
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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 Last week in Trader’s Corner, we took a close look at natural gas production and drilling. Since more…
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A big change in the U.S. propane supply demand balance between 2018 and 2019 has driven prices sharply lower.
Read More Total fuel-use propane production from January 2018 to this January increased. Compared with 2017, supply growth is very strong this year.
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