U.S. propane production is much higher than domestic propane demand, leaving propane exports to play the role of balancing U.S. supply with demand.
Read More The U.S. Energy Information Administration reported U.S. domestic demand for propane at 1.496 million barrels per day (bpd) for the week ending April 6.
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Propane rises to the task of serving oil and gas field equipment and accommodations in an attempt to replace diesel.
Read More Change has been in the works for several years now as the U.S. propane market has become a net exporter of propane.
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Changes in the price of Brent crude oil, as well as higher temperatures and lower inventories all impacted the price of propane this winter.
Read More Last week, the U.S. Energy Information Administration reported U.S. propane inventory had fallen to 36.759 million barrels for the week ending March 16.
Read More As the U.S. propane market continues to link up with international markets, changes are taking place on the supply horizon.
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The National Propane Gas Association says it undertook several steps to help relieve stress on propane distribution systems during the winter heating season.
Read More A report from the U.S. Energy Information Administration (EIA) examines U.S. propane’s relationship with world propane prices and crude oil prices.
Read More There have been two primary factors behind the late-winter weakness in propane prices: rising propane production and lower propane exports.
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