A new report from business information provider IHS Markit shows the potential for significant growth in U.S. natural gas production because the overall size of recoverable gas reserves continues to increase.
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The implication for propane retailers is that petrochemicals could demand more propane moving forward if the trend in ethane’s relative value to propane continues on its current path.
Read More For the foreseeable future, it appears Conway is going to be overwhelmed by supply.
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The pricing pattern for March and May turned out to be very similar, but April was a little different.
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U.S. propane inventory increased very lightly last week. Find out why.
Read More Propane has certainly been bullish in the last 10 days.
Read More U.S. propane production is much higher than domestic propane demand, leaving propane exports to play the role of balancing U.S. supply with demand.
Read More Propane prices saw a significant change in April. Get more details on this shift.
Read More This year, domestic demand has remained high due to a long winter heating season, when compared to recent winters.
Read More Last Wednesday the EIA reported that U.S. propane inventory stood at 35.872 million barrels for the week ending April 13.
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