
Propane’s relative value to crude facing upward winter pressure
November 27, 2017 By Mark Rachal and Dale Delay
Propane prices often go through a bit of a slump between the middle of October and the Thanksgiving holiday.
Read MorePropane prices often go through a bit of a slump between the middle of October and the Thanksgiving holiday.
Read MoreRelative to West Texas Intermediate’s crude price, Mont Belvieu is valued at 76 percent, while Conway is valued at 73 percent.
Read MoreAs the winter season approaches, the U.S. Energy Information Administration forecasts average household expenditures for all major home heating fuels will rise.
Read MoreAs winter approaches, the Midwest, like the rest of the nation, has propane inventory levels that are below the five-year average and well below last year’s.
Read MoreA majority of traders are in the propane business in some way, shape or form.
Read MorePropane inventory has increased 10.774 million barrels since its first build for this year, which occurred during the week ending April 21.
Read MoreLast week, the Energy Information Administration reported U.S. propane inventory increased 3.446 million barrels.
Read MorePropane Resources’ managing partner Marty Lerum describes what the 2016-17 winter heating season taught us about propane supply and demand dynamics.
Read MoreFor the week ending March 31, the U.S. Energy Information Administration reported a 1.213-million-barrel draw in U.S. propane inventory.
Read MoreThe growth in propane supply has been extraordinary, especially from 2012 to 2015. However, the growth in supply has slowed dramatically.
Read More