Posts by Mark Rachal
Propane prices in the United States have fallen into a downtrend since the middle of May, reports Cost Management Solutions in the June 6 issue of Trader’s Corner. Read more»
As propane retailers, we consider our hard-won customers the only ones interested in buying our propane. We believe we must wait until our customers need the propane or are willing... Read more»
The price discount of Edmonton propane to Conway propane is lessening as Canadian supply gets tighter. The chart shows Canadian propane inventory slightly below its five-year average. That is a... Read more»
Crude and propane prices are in the midst of a very strong run. Anytime a market has been in a strong uptrend, there is always concern that it could end... Read more»
A huge jump in propane/propylene production was a key factor in the well-above-normal 2.259-million-barrel inventory build reported by the Energy Information Administration for the week ending April 22. Propane production... Read more»
For several weeks, the Energy information Administration has reported above-average inventory builds. However, the builds have not been evenly distributed throughout the nation. Most of the builds have come in... Read more»
Many propane retailers may find themselves in a bit of a quandary concerning managing the risk of higher propane prices this winter. On the one hand, there are reasons not... Read more»
Last week in Trader’s Corner, we discussed the perplexingly high amount of propane demand being reported. This week, the Energy Information Administration (EIA) released information that supported the point made... Read more»
For the week ending March 25, the Energy Information Administration (EIA) reported U.S. propane/propylene demand at 1.069 million barrels per day (bpd), a number considerably higher than the 893,000 bpd... Read more»
The dramatic fall in U.S. propane inventory slowed two weeks ago and came to a full stop for the week ending March 11. For that week, the Energy Information Administration... Read more»