How supply impacts propane inventory levels
August 10, 2021 By Mark Rachal
Propane inventory is declining, and the underlying data tells us why. Mark Rachal explains how supply impacts propane inventory levels.
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Propane inventory is declining, and the underlying data tells us why. Mark Rachal explains how supply impacts propane inventory levels.
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Not only does EIA data show propane inventory near five-year lows, but prices at Mont Belvieu topped the $1-a-gallon mark for the first time since 2018.
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Sea-3 Providence LLC is looking to incorporate propane rail supply into its LPG marine terminal and storage facility in Providence, Rhode Island.
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Cost Management Solutions’ Mark Rachal discusses the heating season of 2020-21, highlighting factors that led to upward pressure on propane pricing.
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IDEAL Energy Cooperative held its semi-annual supplier roundtable where cooperative member owners were joined by several of their supplier partners.
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Days of supply measures available inventory to demand. As long as days of supply are trending lower, prices are certainly going to feel upward pressure.
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Changes in supply and distribution dynamics are forcing propane industry leaders to ponder the potential impacts on marketers’ ability to serve customers reliably this winter.
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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.
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Crude demand is expected to decline 8 percent this year, increase 6 percent next year and fully recover in 2022.
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