Propane inventories back on track
October 14, 2024 By Mark Rachal
Mark Rachal explores the recent moves in propane inventories.
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Mark Rachal explores the recent moves in propane inventories.
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Mark Rachal describes the events behind the recent change in propane prices.
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In this Trader’s Corner, we will try and capture some things we know as propane buyers, some things we may not know now but could, thus reducing the number of unknowns to one.
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Export economics are wide open for U.S. propane.
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For Mark Rachal of Cost Management Solutions, a recent slope in propane prices has been a joy to run for propane buyers.
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Every propane retailer has asked someone or something at one point or another if it is a good time to buy propane.
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It would be wise for propane buyers to expand the time frame in which they obtain price protection beyond one year.
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Compared to the same time period last summer, rail-car volumes from Canada were about 50 percent lower immediately after the lockout ended, NPGA says.
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In this week’s Trader’s Corner, Mark Rachal covers propane export and import data to contextualize the impact of the Canadian rail strikes.
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For the week ending Aug. 9, the U.S. Energy Information Administration reported U.S. propane inventories exceeded the 90-million-barrel mark.
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