Natural gas prices have been rising rapidly since mid-November. Winter weather is a key factor in driving prices to their highest level since December 2014.
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The major news last week was the conclusion of the ballyhooed meeting by the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria.
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A look at U.S. propane supplies from natural gas processing plants shows that output is higher than last year.
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The U.S. Energy Information Administration (EIA) predicts this heating season might be even smoother than last year’s for the propane industry.
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Propane has become a more expensive Btu over the summer, relatively speaking.
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For the week ending Oct. 28, EIA’s Weekly Petroleum Status Report revealed U.S. crude inventory increased by a record-high 14.42 million barrels.
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Propane inventory fell three weeks in a row, but traders remain calm. Find out why.
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For the week ending Oct. 14, the Energy Information Administration (EIA) reported a 1.246-million-barrel draw in U.S. propane inventory.
Read More Last week, the Energy Information Administration (EIA) reported U.S. crude inventory fell 2.976 million barrels.
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Most of us in the propane industry focus on propane and crude fundamentals to provide guidance on the…
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