Will OPEC Strike an Output Freeze Deal?
Posted on September 23, 2016
OPEC members are meeting in Algeria next week, and one of the topics will be a crude oil production output freeze. Yeah, we’ve been here before. However, I can’t always be a skeptic and...
inventory
Smaller Propane Build; ENORMOUS Export Numbers
Posted on September 21, 2016
I don’t want to bury the lede here, so I will get right to it. This week’s EIA data showed propane exports jumping from 424,000/bpd to an all time record of 1,075,000/bpd. ┬áThat’s barrels...
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Early Winter Weather Clues Coming to Light?
Posted on September 20, 2016
If you have read my missives for any length of time, you have seen me reference Dr Judah Cohen at some point in time. Dr. Cohen is a part of AER.com, which stands for...
buzz
Monday Buzz
Posted on September 19, 2016
Good Monday to you. Here is the latest from the world of energy as it relates to propane and the things that influence our industry. The embedded tweets below are ‘clickable’ to where you...
inventory
Propane Builds 2M; Exports Vanishing
Posted on September 14, 2016
Propane inventories added 2M/bbls to their already burgeoning levels, and national inventory levels now sit at 101.1M/bbls. This compares with 99.1M/bbls one year ago. The biggest builds were seen in the Gulf, as 1.1M/bbls...
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Propane Builds, Crude Draws & Winter Weather
Posted on September 8, 2016
Propane inventories increased slightly, with a 600,000 increase this week for a total of 99.1 million as reported by EIA as of 9/2/16. Total inventory levels are still close to this time last year...
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