Tight propane inventory deserves more attention than weekly expectations
March 27, 2017 By Mark Rachal and Dale Delay
U.S. propane prices are hammered when propane inventory data doesn’t line up with industry expectations.
Read More Refineries see gain in 2016 propane output as gas plant supply growth wanes
March 20, 2017 By Dale Delay and Mark Rachal
In 2016, U.S. refineries only provided 20.67 percent of the total fuel-use propane supply of 1.461 million barrels per day (bpd).
Read More Fundamentals should keep prices well above last year’s low levels
March 6, 2017 By Dale Delay and Mark Rachal
The growth in propane supply has been extraordinary, especially from 2012 to 2015. However, the growth in supply has slowed dramatically.
Read More Has the propane price correction gone too far?
February 27, 2017 By Dale Delay and Mark Rachal
Propane prices have been on a decline throughout most of February, and that decline has shown little sign of abating. Has the price correction gone too far?
Read More Weakening WTI fundamentals could prove positive for propane export economics
February 21, 2017 By Dale Delay and Mark Rachal
The U.S. Energy Information Administration showed a 9.527-million-barrel build in U.S. crude inventory for the week ending Feb. 10.
Read More Yearly price highs met with sharp sell-off; what happened?
February 13, 2017 By Mark Rachal and Dale Delay
It’s difficult to pinpoint the cause of the two-day runup in prices that eventually turned into a sharp sell-off. Cost Management Solutions examines the change.
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Exports, domestic demand adding current-price pressure
February 6, 2017 By Mark Rachal and Dale Delay
Propane prices have recently been on a surge. However, those increases in price have been contained to the front month.
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US crude production offsets other production cuts
January 30, 2017 By Mark Rachal and Dale Delay
United States crude production increased 17,000 bpd last week. That put total U.S. production at 8.961 million bpd.
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Propane inventory continues to fall at above-average pace
January 23, 2017 By Mark Rachal and Dale Delay
The inventory draws in January and for the week ending Jan. 13 make it almost a certainty inventory will end this winter at its lowest point in three years.
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State of US propane inventory and its impact on pricing
January 17, 2017 By Mark Rachal and Dale Delay
U.S. propane inventory ended 2016 at 84.123 million barrels after dropping 2.746 million barrels in the final week of the year.
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