Propane inventory just keeps building
November 29, 2022 By Mark Rachal
Inventory is 9.7 percent above its five-year average. We have only seen inventory higher than this four times in the past 19 years, says Mark Rachal of CMS.
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Propane continues to lead US petroleum product exports
October 18, 2022 By Brian Richesson
Propane was the most-exported U.S. petroleum product in the first half of 2022 by volume, continuing a trend that started in 2020, according to the U.S. Energy Information Administration.
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Propane demand pattern suggests need for price protection this winter
August 9, 2022 By Mark Rachal
In this week’s Trader’s Corner, Mark Rachal of Cost Management Solutions reviews propane demand and pricing thus far in 2022.
Read More Year-end data sheds light on supply and demand trends
January 19, 2022 By Mark Rachal
EIA data shows that propane demand exceeded supply, resulting in a 10-million-barrel draw in propane inventory. That helped support higher propane prices.
Read More Propane exports rise: What that means for demand, pricing
December 28, 2021 By Mark Rachal
This week’s data suggests export reporting got back on track, but we still need to monitor for the possibility of an increase in overall demand.
Read More Propane exports drop: What to expect next
December 21, 2021 By Mark Rachal
For the week ending Dec. 10, U.S. propane exports dropped to 847,000 barrels per day (bpd) – 509,000 bpd less than the same week last year.
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May 2021: US forklift truck factory shipments
May 13, 2021 By LP Gas
Each month, LP Gas provides updates on the U.S. propane market, as well as the latest trends. The data for May 2021 focuses on forklift truck factory shipments.
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Heating, petchem demand fuel more US exports to Asia
March 9, 2021 By Brian Richesson
U.S. exports of propane have been increasing, primarily to countries in East Asia, as a result of cold weather and robust petrochemical feedstock consumption.
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February brings arctic air and red-hot propane demand
February 16, 2021 By Mark Rachal
U.S. domestic demand for propane increased a whopping 714,000 barrels per day (bpd) during the fifth week of the year to 2.204 million bpd.
Read More Advice on demand for domestic propane retailers
October 7, 2020 By Mark Rachal
The more the industry can bill and operate like a utility company and move away from the buy-and-mark-up model of a service station, the better.
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