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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Propane’s relative value drops to record lows as winter approaches. Such low valuation reflects record-high production that is overwhelming demand.
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On Wednesday, the Energy Information Administration (EIA) reported a significant drop in U.S. propane exports for the week ending Aug. 9.
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Weekly estimates from the Energy Information Administration show a robust U.S. propane export market. Exports have been above…
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May was a bearish month for propane. Falling crude and sluggish fundamentals combined to send propane prices down to multi-year lows.
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Petrochemical companies have been choosing ethane over propane. See what the propane demand decrease means for domestic demand and prices.
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Propane supply was outpacing propane export and domestic demand this spring, which caused inventory to rise, putting downward pressure on prices.
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In Trader’s Corner, we have written extensively about the high growth rate in propane supply compared to the…
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Williams and Targa Resources Corp. agreed on new natural gas liquids pipeline projects that will link the Conway, Kansas, and Mont Belvieu, Texas, markets.
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Williams sold certain pipeline systems located in the Gulf Coast area to Easton Energy LLC for $177 million in cash, the Oklahoma company announced.
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