Posts by Mark Rachal
The pricing pattern for March and May turned out to be very similar, but April was a little different. Read more»
U.S. propane inventory increased very lightly last week. Find out why. Read more»
Propane has certainly been bullish in the last 10 days. Read more»
U.S. propane production is much higher than domestic propane demand, leaving propane exports to play the role of balancing U.S. supply with demand. Read more»
Propane prices saw a significant change in April. Get more details on this shift. Read more»
This year, domestic demand has remained high due to a long winter heating season, when compared to recent winters. Read more»
Last Wednesday the EIA reported that U.S. propane inventory stood at 35.872 million barrels for the week ending April 13. Read more»
The U.S. Energy Information Administration reported U.S. domestic demand for propane at 1.496 million barrels per day (bpd) for the week ending April 6. Read more»
Propane’s relative value to West Texas Intermediate crude is already slightly below the low end of the range we expected for this summer. Read more»
Change has been in the works for several years now as the U.S. propane market has become a net exporter of propane. Read more»