Trajectory of refinery throughput to impact propane production
April 14, 2020 By Mark Rachal
Under the current situation where crude is oversupplied on a global basis, U.S. propane supply fundamentals are becoming more price-supportive.
Read More US may become swing producer due to shifting crude prices
March 24, 2020 By Mark Rachal
The price of crude has rebounded a little since, but the potential for it to go lower is still present due to demand destruction from COVID-19 and producers not cooperating to limit production.
Read More Slowing production may impact pricing, inventory levels
March 10, 2020 By Mark Rachal
In this week’s Trader’s Corner, we are going to take a closer look at U.S. propane production. Quite simply, too much production has been the reason that propane prices are under 40 cents at the hubs and near modern-day lows in relative value to WTI crude.
Read More Midwest propane supply scenario similar to 2013
December 23, 2019 By Brian Richesson
A report from the U.S. Energy Information Administration (EIA) reminded us of just how similar the current supply…
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Dissecting EIA’s latest report
December 16, 2019 By Mark Rachal and Dale Delay
This past Wednesday, the Energy Information Administration released its Weekly Petroleum Status Report, showing data collected for the week ending Dec. 6.
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Winter fuels, LPG exports, market trends and more
October 28, 2019 By Brian Richesson and Ellen Kriz
A wealth of propane-specific information came out of this year’s Winter Fuels Outlook, released by the U.S. Energy Information Administration.
Read More Propane, distillate carry petroleum exports in first half of 2019
October 25, 2019 By Brian Richesson
Increased exports of propane and distillate offset decreased exports of all other petroleum products in the first half of 2019, according to the U.S. Energy Information Administration.
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EIA: Household heating expenditures to decrease this winter
October 9, 2019 By Joe McCarthy
The U.S. Energy Information Administration’s (EIA) Winter Fuels Outlook predicts households using propane will spend 15 percent less this season.
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Locking in for the winter heating season
October 9, 2019 By James Guyette
The propane industry is confident that winter heating demand will be met amid the land and sea logistical challenges that lie ahead.
Read More Propane inventory back over 100 million barrels
October 7, 2019 By Mark Rachal
Last Wednesday, the Energy Information Administration reported that U.S. propane inventory increased 971,000 barrels to 100.641 million barrels….
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