Propane Stocks Build 1.5M
Posted on May 24, 2017
First, lets talk the nuts and bolts of this week’s inventory report. US propane inventories grew by 1.5 million to 43.7 million barrels as of 5/19/17. Inventory is 30.4 million below this time last...
Propane Inventories Build Just 600K
Posted on May 17, 2017
US propane inventories grew by 600,000 to 42.2 million barrels as of 5/12/17 with the primary gains in the Midwest. Inventory is 32 million below this time last year and 12.1 million below the...
First Propane Build of 2017 Season
Posted on May 10, 2017
Propane stocks finally experienced a build for the 2017 inventory building cycle, adding roughly 2M/bbls to their numbers. ¬†This, according to the EIA’s report released on Wednesday morning. National inventories now sit at 41.6M/bbls,...
Propane Stocks Don’t Build; Staggering Inventory Challenge Ahead
Posted on May 3, 2017
The EIA reported neither a build nor draw this past week pursuant to propane inventories, with the reporting period ending April 28th. That leaves two more reporting days for April. We are presently at...
Crude, Crops & Weather
Posted on May 2, 2017
CRUDE OIL:   Propane prices have clearly been following the fortunes of crude oil this spring, even though this should not be happening, at least, in my opinion. 2/2/2017: Crude oil was at $53.51/bbl...
Still No Propane Build in April; Flat This Week
Posted on April 26, 2017
Propane inventories failed to show a build this week, with the EIA reporting ‘flat’ activity for the week ending 4/21/2017. National inventory levels now sit at 39.7M/bbls, which is about 100,000 more than a...
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