The EIA reports the United States exported 905,000 bpd of propane, with the largest volumes going to supply petrochemical feedstock demand in Asian countries.
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This year, domestic demand has remained high due to a long winter heating season, when compared to recent winters.
Read More Propane Resources’ Tony Botts explains why or why not this winter lived up to the expectations of propane retailers.
Read More The U.S. Energy Information Administration reported U.S. domestic demand for propane at 1.496 million barrels per day (bpd) for the week ending April 6.
Read More U.S. propane prices have returned to where they began the winter – in a price decline that has surprised many, given strong domestic demand support.
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In 2018, ICF expects the retail propane industry to be characterized by transformation and change.
Read More The increase in U.S. propane exports and export capacity has captured the industry’s attention for the last several years.
Read More It is difficult to believe, but domestic propane demand is running slightly below last year’s levels for the same time of year.
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Propane supply gets less attention than demand, but is more important in setting the pricing environment.
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Propane’s future in the new age of energy may not lie in typical markets.
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