Posts by Mark Rachal
Nearly 80 percent of U.S. propane production came from natural gas processing last year. Natural gas production is the engine that drives natural gas supply. Read more»
For the week ending March 31, the U.S. Energy Information Administration reported a 1.213-million-barrel draw in U.S. propane inventory. Read more»
By now, almost everyone knows that the Organization of the Petroleum Exporting Countries and other major crude-producing nations have reduced their production. Read more»
U.S. propane prices are hammered when propane inventory data doesn't line up with industry expectations. Read more»
In 2016, U.S. refineries only provided 20.67 percent of the total fuel-use propane supply of 1.461 million barrels per day (bpd). Read more»
Since Feb. 23, West Texas Intermediate crude has been in a downward price trend. Read more»
The growth in propane supply has been extraordinary, especially from 2012 to 2015. However, the growth in supply has slowed dramatically. Read more»
Propane prices have been on a decline throughout most of February, and that decline has shown little sign of abating. Has the price correction gone too far? Read more»
The U.S. Energy Information Administration showed a 9.527-million-barrel build in U.S. crude inventory for the week ending Feb. 10. Read more»
It's difficult to pinpoint the cause of the two-day runup in prices that eventually turned into a sharp sell-off. Cost Management Solutions examines the change. Read more»