Mark RachalDale Delay
Posts by Dale Delay
In recent weeks, we’ve monitored the sharp decline in U.S. propane inventory. On Feb. 18, the Energy Information Administration (EIA) released its Weekly Petroleum Status Report for the week ending... Read more»
In last week’s Trader’s Corner, we looked at the sharp two-week fall in U.S. propane inventory. For the week ending Feb. 5, the Energy Information Administration (EIA) reported a 3.288-million-barrel... Read more»
From Jan. 15 through Jan. 29, U.S. propane inventories fell 11.857 million barrels. On average over the last five years, the same two-week period has averaged a draw of... Read more»
It is highly probable that the crude pricing pendulum has finally reached the point of equilibrium and is ready to swing into an upward trajectory. The chart above shows West... Read more»
Throughout the years, Cost Management Solutions has seen a number of patterns develop. Many of these patterns, such as seasonal pricing patterns, are fairly well known by propane retailers. We... Read more»
One of the data points we want to keep a close eye on is propane production. The decrease in drilling activity for both natural gas and crude oil could cause... Read more»
Five months ago, Goldman Sachs forecasted that crude prices could drop to $20 per barrel if the Organization of the Petroleum Exporting Countries (OPEC) did not take action to limit... Read more»
West Texas Intermediate (WTI) crude is the U.S. benchmark crude. Brent crude has become the benchmark crude for much of the world. In 2012, Brent crude was trading at $25.53... Read more»
As the core winter season approaches, propane inventory levels in Canada are slightly below average. The Canadian inventory position is in stark contrast to the record-high levels of propane inventory... Read more»
Propane inventory has fallen 7.227 million barrels over the last three weeks. That compares to a five-year average decline of 4.402 million barrels for the same three-week period. The well-above-average... Read more»
