Snow Cover Most in a Decade
Posted on December 26, 2013
Take a look at this map below. It’s a snow cover map of the US as of December 15th, not just this year but of the past 11 years : All market fundamentals are...
The Conway-Belvieu Spread
Posted on December 16, 2013
During my first near decade wholesaling propane, I always looked at the Conway and Mt Belvieu markets as sisters….jealous sisters. Being the father of two girls (11 & 4) this makes more sense to...
Cold Likely Through December/ January?
Posted on December 13, 2013
The weather data I am looking at shows a very strong cold push into the majority of the Great Plains and Eastern United States; the severity of the cold is what is in disagreement...
Record November Consumption = Dangerously Low Inventory
Posted on December 12, 2013
The EIA stated in a recent update that the Midwest region (PADD II)  saw record propane consumption for the month of November. The winter of 2013-2014 is off to a strong start before it...
Propane Draw in Midcon
Posted on December 11, 2013
There was a modest draw in propane inventories this week, 1.7MM in all with 1.5MM of the draw down being in the Midwest.  There was a 100K build in the Gulf this week, but...
Crude Outlook Turning Bullish?
Posted on December 11, 2013
Came across this item talking about WTI moving higher based on 2014 Oil Demand expectations from the IEA….but also VERY strong inventory draws domestically…From the item: “The run of inventory increases had the market...

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