US PROPANE —FOURTH QUARTER 2011: FIRST QUARTER 2012: Mild US winter stokes bearish propane outlook for late 2012

06/04/2012
Dan Lippe Petral Worldwide Inc. Houston Weather events such as hurricanes or cold winters always concern the propane marketing community, but the event that everyone dreads is a mild winter. The winter of 2011-12 was persistently warmer than average November through March. The mild weather was so pervasive that the year-to-year declines in propane demand in all regional retail markets were of historic proportions. The decline in demand from winter 2010-11 created an inventory surplus of 15-20 million bbl. The inventory surplus in the US and Canada will be a sustained bearish influence on propane markets and pricing in North America during third and fourth quarters 2012. Feedstock demand...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected