Crude, Corn, Climate and Crimea
Posted on August 19, 2016
CRUDE IS ON A RIDE:  Two weeks ago, I wrote something like ‘barring unforeseen geopolitical events, I do not foresee crude oil hitting $50/bbl any time soon.’  Well, we’re experiencing some unforeseen geopolitical events,...
Inventories Rise, More Winter Weather Projections
Posted on August 17, 2016
Propane inventories continue to increase at a steady pace, growing this week by 1.8 million for a total of 93.7 million as reported by EIA as of 8/12/16. Total inventory levels are still close...
Crude & Crops: Both Trending Stronger
Posted on August 16, 2016
CRUDE SPECULATION PART ONE:   Last week’s ‘accidentally leaked’ documents from the Saudi’s, where they said they’d step in and help balance the crude markets, sent crude oil prices higher at week’s end.  That run...
Farmers Almanac Breaks Out the Cold
Posted on August 15, 2016
The Farmers Almanac prediction for this coming winter breaks out the cold weather for this coming winter.  In fact, they are saying ‘Return of the Ice Cold Winter’ in touting their 200th edition of...
Propane Adds 2M/bbls to Inventories
Posted on August 10, 2016
Propane inventories continue to rise in line with last year’s record builds, up 2.0M/bbls last week to sit at 91.9M/bbls nationally.  We were at 92.8M/bbls one year ago this week. Midwest inventories drew by...
Winter Weather Chatter, Crude Rises & Crop Update
Posted on August 9, 2016
WINTER WEATHER PART II:  Yesterday’s Propane Buzz focused entirely on the upcoming winter and some ‘forecasting’ I had come across from the weekend.  This morning, I logged into and saw a brief post...
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