EIA projects energy usage shifts in coming decades
June 29, 2020 By Carly Bemer
EIA projects that, by 2050, energy consumed for space heating will fall whereas energy consumed for air conditioning will rise.
Read More Propane pricing will hinge on crude production
June 23, 2020 By Mark Rachal
Producers voluntarily shut production during April, and the associated natural gas liquids loss dramatically impacted propane fundamentals.
Read More Why June is the month propane retailers should watch
June 22, 2020 By Brian Richesson
Propane retailers have had a lot to unpack coming out of the winter heating season and preparing for the next. It’s that preparation for the 2020-21 winter that has received much of the attention from energy market analysts.
Read More Inventory builds begin lighter than previous year
May 27, 2020 By Mark Rachal
Inventory builds were late in starting this year, and now that they have, last week’s data showed they can be lighter than normal.
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National leaders prepare for supply and logistics impacts
May 19, 2020 By Brian Richesson
Propane industry leaders are beginning to take notice and consider what recent market dynamics might mean for propane supply this winter.
Read More Propane fundamentals supportive of prices
May 5, 2020 By Mark Rachal
Propane is trading at a record high relative value to WTI crude, which suggests traders see propane fundamentals as more supportive of its price.
Read More Explaining the basis, catalyst of historic crude price drop
April 28, 2020 By Mark Rachal
As citizens sheltered in place, there was a dramatic shift in crude demand, leading to an extreme oversupply that has most available crude storage nearing capacity.
Read More 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.
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