Friday Weather Buzz
Posted on February 17, 2017
One last look at the weather for this week, for what may be coming down the pike. First, here are a few tweets to underscore the scale of the warmth we have been experiencing...
Inventories Dip Just 2.6M
Posted on February 15, 2017
US propane inventories experienced a more moderate draw this week, dropping by 2.6 million this week to 53.1 million barrels as of 2/10/17. Inventory is 17.4 million below this time last year and 500,000...
Free for All Friday
Posted on February 10, 2017
A little bit of this and a little bit of that as we wind down another week in energy…. PROPANE EXPORTS: The strong propane spot pricing rise over the last week of January and...
Propane Draws Near Record 6.9M!
Posted on February 8, 2017
Propane inventories drew down a whopping 6.9M/bbls for the week ending February 3rd, according to the EIA’s weekly report released on Wednesday morning. This is either the second or third largest weekly propane inventory...
Another Huge Draw in Propane; Prices Soaring
Posted on February 1, 2017
Propane inventories drew down 5.6M/bbls for the week ending 1/27/17, putting national stock levels at 62.6M/bbls. We were at 78.1M/bbls of inventory one year ago at the same time. Once again, propane exports were...
Is 100 Million the New 70 Million?
Posted on January 27, 2017
(This is the second of a two-part look at the present climate for propane supply and demand.  Part One can be found at this link) For most of my career in propane wholesale, the...
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