Flat Inventory Report Sends Propane Higher
Posted on August 9, 2017
Propane prices jumped sharply in the minutes immediately following this morning’s EIA inventory report, as the data showed propane did not show a seasonal build this week. Inventories remain at 67.6M/bbls this week as...
Weather Buzz: Winter Roots Taking Hold?
Posted on August 8, 2017
I feel as though I need to begin every forward-looking weather related post with the following caveats: 1. I am not a meteorologist. I pay attention to a lot of them & try to decipher...
Carving Up the Propane Inventory Situation
Posted on August 3, 2017
I spent some time this morning dissecting the internals of United States propane inventory levels. No, I don’t need more hobbies… The industry has built 26.0M/bbls of new inventory since April 1st through July...
Propane Builds, Crude Draws
Posted on August 2, 2017
Propane inventories added another 1.7M/bbls to their national stockpiles, a build that is withing the range of seasonal norms. Last year, inventories built 300,000/bbls this week, which was a very small number. We experienced...
Weather Buzz for August 1st
Posted on August 1, 2017
It’s still a bit too early for meteorologists to toss their collective hats into the winter forecasting ring, but there are some interesting things going on with the weather in our country that can...
The Most Bullish Inventory Report of 2017
Posted on July 26, 2017
That title is a mouthful and is my opinion, but I believe this week’s inventory data is the most bullish report of the 2017 calendar year. Propane built just 200,000/bbls and crude oil drew...

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