Analyzing U.S. propane production, supply trends
November 2, 2020 By Mark Rachal
This past week, we got an email from one of our clients expressing confusion about U.S. propane production….
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This past week, we got an email from one of our clients expressing confusion about U.S. propane production….
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The development of La Nina this year will wield its influence on winter weather conditions, say forecasters at…
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The last two Weekly Petroleum Status Reports from the Energy Information Administration (EIA) have shown a decline in total U.S. propane inventory.
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The U.S. Energy Information Administration (EIA) is anticipating more space heating demand this winter as more people work or attend school from home.
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Each month, LP Gas provides updates on the U.S. propane market, as well as the latest trends. The data…
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U.S. propane exports averaged 1.2 million barrels per day (bpd) in the first half of 2020, an increase of 175,000 bpd (17 percent) from the same period in 2019.
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The more the industry can bill and operate like a utility company and move away from the buy-and-mark-up model of a service station, the better.
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The Federal Reserve Bank of Dallas released the results of a survey of oil industry executives last week. The survey found that 66 percent of the 154 executives surveyed believe that U.S. crude production has peaked.
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For the week ending Sept. 4, U.S. propane inventory was at 97.380 million barrels – a record high for this time of year and 5.424 million barrels below its all-time high.
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Cost Management Solutions’ benchmark prices are at 50 cents per gallon for Mont Belvieu LST and $42 per barrel for WTI crude, but there is potential for a drop.
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