Drilled/uncompleted well inventory drops as drilling activity slows. U.S. producers have been drilling oil wells faster than they could complete them.
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Propane/propylene supply is setting five-year highs with each passing week, but it appears to have peaked at 2.361 million bpd during the week ending Aug. 2.
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Why is this important? The increase in LNG export volumes allows the production of more natural gas. More natural gas production means increased propane supplies.
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Last week in Trader’s Corner, we took a close look at natural gas production and drilling. Since more…
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A big change in the U.S. propane supply demand balance between 2018 and 2019 has driven prices sharply lower.
Read More Total fuel-use propane production from January 2018 to this January increased. Compared with 2017, supply growth is very strong this year.
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In our monthly print and digital editions of LP Gas magazine, we feature a section that highlights the…
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Leanne Mazoch brings over 20 years of oil and gas industry experience to the vice president of supply role with Ray Energy.
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Propane’s relative value to WTI crude has been falling this year. Comparing propane’s value to crude’s value is…
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Dale Delay of Cost Management Solutions, Randy Thompson of ThompsonGas address attendees at the LP Gas Growth Summit.
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