Posts by Mark Rachal
Lower domestic crude production impacts the amount of propane coming from natural gas processing, says Mark Rachal of Cost Management Solutions. Read more»
Along with tighter propane fundamental trends, crude trends point toward a higher price environment ahead, says Mark Rachal of Cost Management Solutions. Read more»
The Midwest has been oversupplied and low-valued long enough that it lacks investment to meet needs in high-demand periods, says Mark Rachal. Read more»
Despite the effects of the coronavirus pandemic, U.S. demand for petroleum products is recovering. Supply, however, is not. Read more»
U.S. domestic demand for propane increased a whopping 714,000 barrels per day (bpd) during the fifth week of the year to 2.204 million bpd. Read more»
If we can pluck good news from propane prices, it would be that next winter's prices are much lower than the current prices. Read more»
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. Read more»
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. Read more»
The quick gains in propane prices like those experienced this past week can have an immediate impact on a retail company’s bottom line. Read more»
As long as export demand remains strong, there is likely to be continued pressure on inventory and thus support for propane prices. Read more»