The Heffron Blog
Posted on Wednesday, March 15, 2017 at 2:11 PM
With the recent surge in U.S. crude oil production, we’ve seen increasing mention of the phrase “propane as a percentage of crude oil.” What does the phrase mean and why is it important?
Posted on Tuesday, February 14, 2017 at 12:42 PM
OPEC is reporting record compliance (over 90%) with output cuts of almost 1.8 million barrels per day during the month of January. With the highest rig count in two years, should we expect to see a shift to another battle for market share?
Posted on Sunday, January 15, 2017 at 4:24 PM
Many people think technical trading is unscientific, and perhaps it is. But can science explain everything?
Posted on Sunday, December 18, 2016 at 4:49 PM
Formed roughly 280 million years ago, the Permian Basin in Texas, containing the “Wolfcamp Shale”, holds an estimated 20 billion barrels of shale oil reserves.
Posted on Monday, November 14, 2016 at 6:34 AM
Due to the potential for enormous swings in inventory, the EIA has a new indicator of propane supply levels: Days of Supply.
Posted on Thursday, October 6, 2016 at 8:34 AM
The propane production split between natural gas processing plants and refineries was about 60/40 not too many years ago. Now it’s more like 80/20.
Posted on Friday, September 9, 2016 at 1:59 PM
In the current environment, it may be a good idea to protect your margin and cover any remaining pre-buy exposure you may have.
Posted on Thursday, August 11, 2016 at 1:37 PM
If we have lots of inventory in storage and cargo ships scheduled for export are being cancelled, what's the problem?
Posted on Friday, July 8, 2016 at 4:32 PM
With over two decades of experience navigating the stormy seas of propane supply and pricing, we’ve learned a few things about what is required to take great care of our customers.
Posted on Sunday, June 12, 2016 at 4:48 PM
In 1989, the rule of thumb was 60 million barrels of propane inventory by the end of October would yield an adequate inventory level to withstand normal winter demand. What's changed?