Posts by Mark Rachal
U.S. propane production surged at the end of 2018, which contributed to the recent weakness in propane prices and likely capped upside price potential. Read more»
Results from a recent survey of crude analysts show a significantly more bearish bias for crude for 2019. Learn more about this year's predictions. Read more»
Unless something dramatically changes for propane fundamentals, it is difficult to picture a rebound in propane prices without a rebound in crude prices. Read more»
Adequate propane production and supply is keeping propane prices heavily tied to the fortunes of crude’s price. The chart above plots Mont Belvieu LST propane’s price in cents per gallon... Read more»
U.S. propane inventory has been declining at an above-average pace over the last few weeks. Find out more about the two factors contributing to the inventory decline. Read more»
The premium Mont Belvieu propane carried over Conway propane this summer has shrunk considerably this fall. Conway propane was much lower than Mont Belvieu propane last winter. As the price... Read more»
Until growth in propane export demand starts looking comparable to growth in production, propane inventory should hold up well. Read more»
Propane retailers that only use price to try to steal customers are among the worst opportunity buyers. Read more»
Throughout the summer, we monitor inventory builds very carefully and provide data and analysis in our daily reports. By this time of year, we usually start monitoring heating degree-days and... Read more»
The October sell-off in propane seems to show that players in the propane market are not worried about supply. On Nov. 1, Mont Belvieu LST propane closed at 82 cents,... Read more»
