Posts by Mark Rachal
October has turned out to be quite frightening for crude and propane bulls. The upward momentum that had been prevalent since April came to a screaming halt. Read more»
It has been some time since we have written on the backwardation and contango market structures. Based on comments we hear, we thought it would be good to review these... Read more»
Throughout last week, Mont Belvieu’s price correction deepened and its value relative to crude continued to deteriorate. Read more»
Last week, Mont Belvieu LST (MB) propane prices experienced the first significant downward move since mid-August, dropping 6.75 cents Oct. 2-4. The pullback came after MB set a new high... Read more»
The primary mission of Cost Management Solutions is to provide propane retailers and consumers with critical information and analysis, along with access to hedging tools, allowing them to manage the... Read more»
For the week ending Sept. 14, the Energy Information Administration (EIA) reported U.S. propane/propylene production exceeded 2 million barrels per day (bpd) for the first time. Propane production has been... Read more»
U.S. distillate inventory made a major jump last week that helped significantly reduce the shortfall in inventory levels. For the week ending Sept. 7, the Energy Information Administration (EIA) reported... Read more»
The Energy Information Administration (EIA) reported U.S. propane inventory was up 2.004 million barrels for the week ending Aug. 31. The build left total U.S. inventory at 73.404 million barrels,... Read more»
All of the gain in U.S. propane's value in 2018 can be attributed to the stronger pricing environment for crude. Read more»
Here are the factors impacting the recent price spread between Conway propane and Mont Belvieu LST propane. Read more»