US: Global outlier in propane export market
August 30, 2018 By Clara Richter
Understanding the ebb and flow of propane exports is vital for propane retailers.
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Understanding the ebb and flow of propane exports is vital for propane retailers.
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In 2017, Mont Belvieu averaged a higher price than Conway by 4.52 cents. That 4.5-cent spread is maintained because of the oversupply in the Midwest, Cost Management Solutions says.
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Distillate fuel remained the most exported U.S. petroleum product in 2017, averaging 1.4 million barrels per day of gross exports.
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David Lowe, vice president of sales at Pro Image Communications, discusses how propane retailers can improve their delivery efficiency.
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At the Propane Education & Research Council’s April meeting in Atlanta, Roger Leider, executive director of the Minnesota Propane Association, offered some insight into his state’s propane supply picture.
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Prices at Mont Belvieu reacted to the fall by increasing from 73 cents per gallon to more than $1 per gallon.
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While U.S. Rep. John Faso, R-New York, supports amending the Jones Act, easing or repealing the rules could be difficult due to bipartisan support and maritime interests.
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The Pennsylvania Public Utility Commission authorized an emergency order to temporarily suspend pipeline activity after sinkholes developed near the pipeline in southeastern Pennsylvania.
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