Propane market surprised by inventory draw
August 25, 2020 By Mark Rachal
The EIA reported a surprising and unusual draw of 41,000 barrels in U.S. propane inventory, which came when industry analysts expected a 2.31 million-barrel build.
Read More Monitor possible changes to bearish propane fundamentals
March 2, 2020 By Mark Rachal
When prices are as low as they are now, it seems like a good time to consider buys, but propane fundamentals still don’t look very supportive.
Read More Year of Production
January 7, 2020 By Mark Rachal
Image: Cost Management Solutions. Click to expand. As we look back on 2019 concerning propane, we would have…
Read More
Propane prices fall mid-winter
December 30, 2019 By Mark Rachal
It is the middle of winter, yet propane prices are falling even as crude prices rise.
Read More
Dissecting EIA’s latest report
December 16, 2019 By Mark Rachal and Dale Delay
This past Wednesday, the Energy Information Administration released its Weekly Petroleum Status Report, showing data collected for the week ending Dec. 6.
Read More 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….
Read More Export drop contributes to inventory gain
August 19, 2019 By Mark Rachal
On Wednesday, the Energy Information Administration (EIA) reported a significant drop in U.S. propane exports for the week ending Aug. 9.
Read More
Gulf Coast propane inventory soars
April 23, 2019 By Mark Rachal
With so much production in the Midwest relative to demand potential, producers simply do not want to hold inventory there.
Read More
Inventory grows as supply outpaces demand
April 15, 2019 By Mark Rachal
April is when we make the transition from monitoring heating-degree days and the impact of winter weather to…
Read More
US propane exports drop significantly
February 11, 2019 By Mark Rachal
High rates of propane production, high inventory levels and relatively soft growth in propane exports have created a bearish fundamental situation for propane that could continue beyond winter.
Read More
