Posts by Mark Rachal
May was a bearish month for propane. Falling crude and sluggish fundamentals combined to send propane prices down to multi-year lows. Read more»
Petrochemical companies have been choosing ethane over propane. See what the propane demand decrease means for domestic demand and prices. Read more»
Combined domestic demand and export volumes are not keeping up with increases in propane production. This results in building inventory and falling prices. Read more»
Crude oil prices are moving higher with the potential for carrying propane prices along for the ride. There is a speculative premium being added to crude as tension in the... Read more»
Propane supply was outpacing propane export and domestic demand this spring, which caused inventory to rise, putting downward pressure on prices. Read more»
Total fuel-use propane production from January 2018 to this January increased. Compared with 2017, supply growth is very strong this year. Read more»
To evaluate the U.S.'s energy independence, we evaluate U.S. crude and the crude products balance, and which countries import our light crude. Read more»
With so much production in the Midwest relative to demand potential, producers simply do not want to hold inventory there. Read more»
April is when we make the transition from monitoring heating-degree days and the impact of winter weather to more closely monitoring propane inventory to see how it is accumulating for... Read more»
In Trader’s Corner, we have written extensively about the high growth rate in propane supply compared to the slower growth in propane exports and domestic demand. This week’s Trader’s Corner... Read more»