Growing exports aid draw on propane inventories this winter

March 20, 2017 0

U.S. propane inventories, which had been above historical norms since mid-2014, declined by 59 million barrels (MMBbls) from the beginning of October 2016, through early March 2017 — the largest decline on record for this period, despite unseasonably mild temperatures.

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Warm weather continues to hold down gas draw

March 20, 2017 0

Continued warm weather over much of the Lower 48 States near the end of winter (at least according to the calendar) led to another small draw of stored working natural gas, the latest Energy Information Administration survey finds.

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Oil prices dive 3% on soared U.S. crude stocks

March 9, 2017 0

Crude oil prices dived over 3% on Wednesday following the release of the U.S. Energy Information Administration (EIA) showing a weekly record surge in U.S. crude oil inventories last week, Kallanish Energy reports.

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