IDEAL Energy Cooperative hosts supplier roundtable
March 5, 2021 By Brian Richesson
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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Low inventory relative to demand places upward pressure on prices
February 2, 2021 By Mark Rachal
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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Propane industry explores shifts in supply, distribution patterns
November 6, 2020 By Brian Richesson
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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Tankers ride the rails to supply retailers’ winter propane needs
September 25, 2020 By James Guyette
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.
Read More 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…
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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.
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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.
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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.
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