Propane inventory back over 100 million barrels
Last Wednesday, the Energy Information Administration reported that U.S. propane inventory increased 971,000 barrels to 100.641 million barrels. […] The post Propane inventory back over 100 million...
View ArticleDissecting EIA’s latest report
This past Wednesday, the Energy Information Administration released its Weekly Petroleum Status Report, showing data collected for the week ending Dec. 6. The post Dissecting EIA’s latest report...
View ArticlePropane prices fall mid-winter
It is the middle of winter, yet propane prices are falling even as crude prices rise. The post Propane prices fall mid-winter appeared first on LP Gas.
View ArticleYear of Production
Image: Cost Management Solutions. Click to expand. As we look back on 2019 concerning propane, we would have […] The post Year of Production appeared first on LP Gas.
View ArticleMonitor possible changes to bearish propane fundamentals
When prices are as low as they are now, it seems like a good time to consider buys, but propane fundamentals still don’t look very supportive. The post Monitor possible changes to bearish propane...
View ArticlePropane market surprised by inventory draw
The EIA reported a surprising and unusual draw of 41,000 barrels in U.S. propane inventory, which came when industry analysts expected a 2.31 million-barrel build. The post Propane market surprised by...
View ArticlePropane inventory builds to record high for this time of year
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. The post Propane inventory...
View ArticlePropane inventory draws go against expectations
The last two Weekly Petroleum Status Reports from the Energy Information Administration (EIA) have shown a decline in total U.S. propane inventory. The post Propane inventory draws go against...
View ArticleAnalyzing U.S. propane production, supply trends
This past week, we got an email from one of our clients expressing confusion about U.S. propane production.... The post Analyzing U.S. propane production, supply trends appeared first on LP Gas.
View ArticleWinter is coming: A look at propane inventory going into peak demand season
Mark Rachal of Cost Management Solutions takes a close look at propane inventory trends ahead of peak demand season. The post Winter is coming: A look at propane inventory going into peak demand season...
View ArticleHigh propane inventories lower residential prices to start winter
Residential propane prices during the first two weeks of the winter heating season were 4 percent lower than during the same time last winter, the EIA reports. The post High propane inventories lower...
View ArticleFundamentals point to higher propane prices this winter
As long as export demand remains strong, there is likely to be continued pressure on inventory and thus support for propane prices. The post Fundamentals point to higher propane prices this winter...
View ArticleDemand, inventory fluctuations lead to big price swing
Since last week’s Trader’s Corner, there was a dramatic change in U.S. propane prices. The change began after the Martin Luther King Jr. Day holiday. The post Demand, inventory fluctuations lead to big...
View ArticleLow inventory relative to demand places upward pressure on prices
Days of supply measures available inventory to demand. As long as days of supply are trending lower, prices are certainly going to feel upward pressure. The post Low inventory relative to demand places...
View ArticleMidwest propane retailers face trying times
The Midwest has been oversupplied and low-valued long enough that it lacks investment to meet needs in high-demand periods, says Mark Rachal. The post Midwest propane retailers face trying times...
View ArticleWinter 2020-21: Lessons to learn about supply and pricing
Cost Management Solutions' Mark Rachal discusses the heating season of 2020-21, highlighting factors that led to upward pressure on propane pricing. The post Winter 2020-21: Lessons to learn about...
View ArticleBullish bias overtakes the propane market
Not only does EIA data show propane inventory near five-year lows, but prices at Mont Belvieu topped the $1-a-gallon mark for the first time since 2018. The post Bullish bias overtakes the propane...
View ArticleUpward pressure on propane prices continues
Propane production needs to stabilize or grow to change the pricing environment so propane prices fall again, says Mark Rachal of Cost Management Solutions. The post Upward pressure on propane prices...
View ArticlePropane inventory continues to build at a below-average pace
The relatively light build for the week ending July 9 marked the fifth week in a row of inventory building at a below-average pace. The post Propane inventory continues to build at a below-average pace...
View ArticleShould propane retailers care about rising natural gas prices?
Propane prices are mostly influenced by crude’s price, not natural gas’s price. But the vast majority of propane supply comes from natural gas processing. The post Should propane retailers care about...
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