Propane Buzz for March 15th, 2022
3/15/22: Has the war premium been sold out of energy prices?
3/15/22: Has the war premium been sold out of energy prices?
3/11/22: Prices are back up, and it looks like we are in a for a season of back and forth
3/1/22: Propane and Oil prices see steep pullback
3/9/2022: Propane inventories draw 1.6M/bbps and national inventories are now at 35.5M/bbls, the lowest they have been in eight years for this time of year.
3/8/2022: Propane prices continue to move higher. What can retailers be doing to put themselves in the best possible position?
3/7/2022: Why does the US import oil from Russia??
3/3/2022: WTI crude oil closed at $110.60/bbl yesterday, its highest daily close since May of 2011. The May contract settled at $107.06. The front month contract traded over $116 around 2:30AM eastern time this morning, but is back below $110 as of this writing.
3/2/22: Propane draws 800,000/bbls but war in Ukraine dominates the energy space.
3/1/22: Crude is soaring and propane is following
2/28/22: Jon Miller and Chris Cox of Flashpoint Energy Partners discuss the chaos and volatility that dominate the propane and world headlines right now. Russia’s invasion of Ukraine adds a chaos card to an already tricky deck the energy world was dealing with. Click on this link to watch, or click on the video image to the right to do the same.