Propane Draws 2.5M/bbls, Inventories Nearing 40M/bbls
Posted on February 22, 2018
Propane inventories drew down 2.5M/bbls this past week, for the period ending 2/16, per the EIA’s weekly report. National inventory levels now stand at 43.1M/bbls compared to 49.8M/bbls one year ago during the same...
Propane Buzz Supply Outlook for 2018-2019
Posted on February 19, 2018
I took some time (just over 20 minutes) to lay out my thoughts and reasons behind them as we all begin to look towards the 2018-2019 supply season, some of the challenges we will...
What Happened to the Cold Weather?
Posted on February 15, 2018
February temperatures haven’t worked out the way many of us had hoped, and the way several weather outlets had predicted. BAMWx.com and MDA have been on a very, very successful run of accurate predictions...
Inventories Draw 3.3M/bbls
Posted on February 14, 2018
EIA reported a 3.3 million draw to 45.6 million barrels in US propane inventories as of 2/9/18. Inventory is 7.5 million below 2017’s total of 53.1 million and 5.9 million below the 5-year average...
Polar Vortex is Coming to America, But Where?
Posted on February 12, 2018
In this Propane Buzz video blog, Jon discusses how pieces of the coldest air on the planet is headed for some parts of the United States, what the end of Feb and beginning of...
Propane Draws 4.1M/bbls; Will Markets Care?
Posted on February 7, 2018
Let’s examine the EIA Report for the week ending 2/2/18 Propane Draw: 4.1M/bbls Inventory Level: 48.9M/bbls vs 55.8M/bbls same week in 2017. YoY difference of -6.8M/bbls Production: 1.905M/bpd, up 115K/bpd from last week Exports:...
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