The Heffron Blog

Posted on Wednesday, October 18, 2017 at 2:28 PM
A lot has been made recently of higher propane exports and declining propane inventories in September. To understand what is happening, we take a look at a few important relationships.
Posted on Wednesday, September 20, 2017 at 4:03 PM
What are the likely ongoing effects from Harvey and Irma on the propane industry? There's lots of things happening at once, pushing and pulling prices, and much of what’s happening is still changing daily.
Posted on Wednesday, August 16, 2017 at 3:01 PM
The recent Mt. Belvieu monthly average has been .6318 and every month since February has settled out within a few cents. But then the fireworks started...
Posted on Wednesday, July 19, 2017 at 1:50 PM
What does natural gas have to do with propane? Since most of our propane comes from natural gas processing plants, it’s important to understand more about it.
Posted on Wednesday, June 14, 2017 at 4:37 PM
What is the difference between the terms 'contango' and 'backwardation'? How will they affect propane pricing?
Posted on Tuesday, May 16, 2017 at 5:36 PM
We are fortunate to have a lot of talented people in our industry and I thought it would be interesting to ask one of them about propane supply, pricing, and inventory levels.
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.