Propane prices on uptrend with improved fundamentals
January 9, 2017 By Mark Rachal and Dale Delay
Propane prices have been on a strong uptrend over the past year as fundamental conditions improve.
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US inventory falls, exports rise to record level in late December
January 3, 2017 By Brian Richesson
The U.S. domestic propane market continues to change. That’s the message from ICF International in a guest column written for LP Gas magazine.
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Mont Belvieu-Conway price spread tightens at year’s end
December 26, 2016 By Dale Delay and Mark Rachal
The price difference between the Mont Belvieu and Conway has tightened considerably over the last month and a half.
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Propane exports, domestic demand hit inventory
December 19, 2016 By Mark Rachal and Dale Delay
For the week ending Dec. 9, the U.S. Energy Information Administration reported a 3.629-million-barrel draw in U.S. propane inventory.
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Higher natural gas prices result in increased drilling, supplies
December 12, 2016 By Mark Rachal and Dale Delay
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 effects of OPEC’s production controls on pricing
December 5, 2016 By Mark Rachal and Dale Delay
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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Growth in propane supplies continues to slow
November 28, 2016 By Mark Rachal and Dale Delay
A look at U.S. propane supplies from natural gas processing plants shows that output is higher than last year.
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Propane retailers facing environment similar to last year
November 21, 2016 By Megan Smalley
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 a more expensive Btu, despite lowering prices
November 14, 2016 By Mark Rachal and Dale Delay
Propane has become a more expensive Btu over the summer, relatively speaking.
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Big build in crude inventory follows previous week’s draw
November 6, 2016 By Mark Rachal and Dale Delay
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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