NEWS
Myke Feinman Refine Fuels Reporter
Fri Jan 24, 2014 04:23 PM CST

STREATOR, Ill. (DTN) -- Conway, Kan., spot propane values sank 95 cents in light trading Friday after jumping to a nearly $5-per-gallon value Thursday amid a supply squeeze exacerbated by extreme cold.

Heating demand is expected to remain robust for the next two weeks. The National Weather Service eight- to 14-day forecast issued Thursday, Jan. 23, for Jan. 31 through Feb. 6 calls for Northeast and upper Midwest temperatures 50% to 60% below normal with the Great Lakes regions plunging to 60% to 70% below normal.

The state of Texas issued an hours-of-service waiver Thursday due to the cold, expanding ...

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