Propane prices on uptrend with improved fundamentals
January 9, 2017 By Mark Rachal and Dale Delay
Propane prices have been on a strong uptrend over the past year as fundamental conditions improve.
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Propane prices have been on a strong uptrend over the past year as fundamental conditions improve.
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For the week ending Dec. 9, the U.S. Energy Information Administration reported a 3.629-million-barrel draw in U.S. propane inventory.
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Here’s what the propane industry can take away from 2016.
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A look at U.S. propane supplies from natural gas processing plants shows that output is higher than last year.
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The U.S. Energy Information Administration (EIA) predicts this heating season might be even smoother than last year’s for the propane industry.
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LP Gas finds out what factors specific to the current heating season will impact total propane inventory through March 2017.
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For the week ending Oct. 28, EIA’s Weekly Petroleum Status Report revealed U.S. crude inventory increased by a record-high 14.42 million barrels.
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Propane inventory fell three weeks in a row, but traders remain calm. Find out why.
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For the week ending Oct. 14, the Energy Information Administration (EIA) reported a 1.246-million-barrel draw in U.S. propane inventory.
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EIA changed its methodology for collecting data on exports, including propane, in an effort to try and make its weekly estimates more accurate.
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