US PROPANE — MIDYEAR 2011: US propane trade undergoes historic changes; more likely

Dan Lippe Petral Worldwide Inc. Houston When industry historians review market developments 5 or 10 years from now, they may declare 2009-11 was a major turning point in the history of propane markets in North America. On the other hand, they may conclude this period was an anomaly. No matter how history decides to judge 2010-11, propane markets experienced developments that promise to have substantial impact on the coming winter heating season. For the immediate future, the shipment of substantial volumes of exports from Houston Ship Channel export terminals was one of the most significant developments during the first three quarters of 2011. Historically, feedstock demand for propane ...

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