Propane production recovers to near-record levels
April 1, 2024 By Mark Rachal
As production has increased over the past few weeks, so have propane inventories.
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As production has increased over the past few weeks, so have propane inventories.
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U.S. propane exports averaged a record 1.9 million barrels per day in December 2023 – the highest since the EIA began collecting the data in 1973.
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Mark Rachal, director of research and publications, explains how the Energy Information Administration’s new data point will benefit propane industry members.
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On average, U.S. electricity customers experienced about 5 ½ hours of electricity interruptions in 2022, almost two hours less than in 2021, according to the U.S. Energy Information Administration.
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This week, Mark Rachal of Cost Management Solutions explains why fundamentals are not the only factors impacting commodities trading.
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Despite the recent decline in inventories and the rise in prices, the propane market simply has gone from abnormally bearish to more normalized.
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Mark Rachal, director of research and publications at Cost Management Solutions, evaluates the largest propane inventory draw on record.
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This week, Mark Rachal, director of research and publications, discusses the process of closing propane forward positions.
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Mark Rachal, director of research and publications at Cost Management Solutions, discusses rising crude and propane prices.
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Mark Rachal of Cost Management Solutions discusses the current state of U.S. propane inventory and the expected impact on pricing this winter.
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