Posts by Mark Rachal
Propane supply gets less attention than demand, but is more important in setting the pricing environment. Read more»
U.S. propane retailers got an early Christmas present when the EIA reported a surprise 1.316-million-barrel build in U.S. propane inventory. Read more»
Major producers, including OPEC countries and Russia, agreed to extend the production quotas implemented in January through the end of 2018. Read more»
Propane prices often go through a bit of a slump between the middle of October and the Thanksgiving holiday. Read more»
Relative to West Texas Intermediate's crude price, Mont Belvieu is valued at 76 percent, while Conway is valued at 73 percent. Read more»
U.S. propane supply is growing, but not as much as in past years. Read more»
Recently, propane prices have not gone beyond 78 to 80 percent of West Texas Intermediate (WTI) crude’s price. Read more»
With winter approaching, the most recent data shows petrochemical companies shying away from propane as a feedstock. Read more»
As winter approaches, the Midwest, like the rest of the nation, has propane inventory levels that are below the five-year average and well below last year's. Read more»
It has been a tough three weeks for propane inventories, as the typical period of inventory build nears its end. Read more»
