Reviewing natural gas’ relationship to propane
December 2, 2019 By Mark Rachal
Natural gas fundamentals are very important for propane retailers to monitor, since 80 percent of propane supply comes from natural gas processing.
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Drilled/uncompleted well inventory drops as drilling activity slows
November 25, 2019 By Mark Rachal
Drilled/uncompleted well inventory drops as drilling activity slows. U.S. producers have been drilling oil wells faster than they could complete them.
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Mont Belvieu/Conway price differential declines
November 18, 2019 By Mark Rachal
In this Trader’s Corner, we will focus on the changes in the price relationship between Mont Belvieu and Conway, Kansas, between last year and now.
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Midwest propane supply issues have wide-ranging impacts
November 11, 2019 By Mark Rachal
There has been a shift in the price relationship between Mont Belvieu propane and Hattiesburg propane over the past year.
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Liquefied natural gas exports expand propane supply
October 21, 2019 By Mark Rachal
Why is this important? The increase in LNG export volumes allows the production of more natural gas. More natural gas production means increased propane supplies.
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Propane inventory back over 100 million barrels
October 7, 2019 By Mark Rachal
Last Wednesday, the Energy Information Administration reported that U.S. propane inventory increased 971,000 barrels to 100.641 million barrels….
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Major jump in propane demand decreases inventory
September 30, 2019 By Mark Rachal
For the week ending Sept. 20, the U.S. Energy Information Administration reported a major jump in U.S. propane demand of 743,000 barrels per day.
Read More Crude production and drilling impact propane supply
September 24, 2019 By Mark Rachal
Last week in Trader’s Corner, we took a close look at natural gas production and drilling. Since more…
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US crude production continues to rise
September 3, 2019 By Mark Rachal
U.S. crude production continues to rise, reaching a record high of 12.5 million barrels per day during the week that ended Aug. 23.
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Propane export market weakens, inventory builds
August 27, 2019 By Mark Rachal
U.S. propane inventory grew nearly 4 million barrels last week as exports remained sluggish for a second week in a row.
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