US Propane Production Surges, Yet Prices Climb: Unpacking the Market Anomaly
By Bill StompPropane Insider1 min read
The U.S. propane market is facing a paradox: record-high production topping 3 million barrels per day (bpd) of propane/propylene, per EIA weekly data, alongside elevated inventories. Despite this abundant supply, prices are on an upward trend. This disconnect challenges conventional supply-and-demand wisdom, forcing propane companies to rethink their forecasting and procurement strategies.