EIA: Exports of LP gases to continue through 2040
May 2, 2013 By Kevin Yanik
In 2012, the United States became a net exporter of liquefied petroleum gases (LPG) for the first time.
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In 2012, the United States became a net exporter of liquefied petroleum gases (LPG) for the first time.
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U.S. propane inventories, including propylene, ended September at a record high level of 75.6 million barrels after rising 22 percent in the third quarter.
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A return to a near-normal winter is the driver behind higher home-heating expenditures forecasted across four primary fuels, reports EIA.
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Like a digital slideshow that moves at a rapid pace, and you want to slow it enough to recognize what’s in front of you, the energy picture is an ever-changing phenomenon that can be difficult to follow.
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The smooth flights in and out of Kansas City for the NPGA fall board of directors and committee meetings weren’t consistent with the turbulent environment on the ground and in conference rooms.
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The shutdown has caused supply problems and price hikes in the region.
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A wholesale price plunge brings healthy margins for most marketers this winter season.
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The doom and gloom of the economic forecast is offset by plummeting product costs.
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As the waning summer waxed into fall, uncertainty was the watchword among industry experts asked what this winter will bring.
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With the price of oil topping $100 per barrel amid a sputtering overall economy, propane marketers and customers alike spent much of the 2007-08 winter heating season struggling to cover their costs. And while some regions saw record-setting snowfalls, bitterly cold temperatures, crippling ice storms and widespread power outages, other parts of the country experienced way too much warmth to pump appropriate amounts of propane.
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