Posts by Mark Rachal
Cost Management Solutions has always been impressed by the abilities of the Canadian propane industry. It seems to adapt to changes and challenges quickly and often appears to be well... Read more»
After being in a downtrend since January 2014, propane prices could be at the beginning of a long-term uptrend. It is a prospect that has many propane retailers interested in... Read more»
In recent issues of Trader’s Corner, we’ve focused on the hefty draw on U.S. propane inventory. Since the beginning of the year, total propane inventory has declined 29.601 million barrels.... Read more»
In recent weeks, we’ve monitored the sharp decline in U.S. propane inventory. On Feb. 18, the Energy Information Administration (EIA) released its Weekly Petroleum Status Report for the week ending... Read more»
In last week’s Trader’s Corner, we looked at the sharp two-week fall in U.S. propane inventory. For the week ending Feb. 5, the Energy Information Administration (EIA) reported a 3.288-million-barrel... Read more»
From Jan. 15 through Jan. 29, U.S. propane inventories fell 11.857 million barrels. On average over the last five years, the same two-week period has averaged a draw of... Read more»
It is highly probable that the crude pricing pendulum has finally reached the point of equilibrium and is ready to swing into an upward trajectory. The chart above shows West... Read more»
Throughout the years, Cost Management Solutions has seen a number of patterns develop. Many of these patterns, such as seasonal pricing patterns, are fairly well known by propane retailers. We... Read more»
One of the data points we want to keep a close eye on is propane production. The decrease in drilling activity for both natural gas and crude oil could cause... Read more»
Five months ago, Goldman Sachs forecasted that crude prices could drop to $20 per barrel if the Organization of the Petroleum Exporting Countries (OPEC) did not take action to limit... Read more»
