Propane inventory continues to build at a below-average pace
July 20, 2021 By Mark Rachal
The relatively light build for the week ending July 9 marked the fifth week in a row of inventory building at a below-average pace.
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The relatively light build for the week ending July 9 marked the fifth week in a row of inventory building at a below-average pace.
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Propane production needs to stabilize or grow to change the pricing environment so propane prices fall again, says Mark Rachal of Cost Management Solutions.
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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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U.S. natural gas plant liquids bucked the trend of overall fossil fuel production declines in 2020 and increased their production by 7 percent.
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The Federal Reserve Bank of Dallas released the results of a survey of oil industry executives last week. The survey found that 66 percent of the 154 executives surveyed believe that U.S. crude production has peaked.
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U.S. propane production has been on the rise over the past few weeks, putting a lid on propane…
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Each month, LP Gas provides updates on the U.S. propane market, as well as the latest trends. The data for June 2020 focuses on propane inventory and production.
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Propane’s more supportive fundamental picture will keep it from falling to the extremely low values witnessed at the beginning of the year.
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Each month, LP Gas provides updates on the U.S. propane market, as well as the latest trends. The data for May 2020 focuses on propane demand and production.
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Propane is trading at a record high relative value to WTI crude, which suggests traders see propane fundamentals as more supportive of its price.
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