Conway Spot Propane Near $5 Per Gallon

Short Squeeze Spikes Conway Spot Propane to near $5 Gallon

Myke Feinman
By  Myke Feinman , Refined Fuels Reporter
U.S. propane stocks were drawn down another 3.4 million barrels (bbl) to 35.3 million bbl during the week-ended Jan. 17, now at a 42.0% year-over-year supply deficit, the Energy Information Administration data showed Thursday. (Photo by jasonwoodhead23, CC BY 2.0)
Spot propane at the Conway supply hub in Kansas changed hands last at nearly $5 a gallon in light trading Thursday as a supply squeeze aggravated by extreme cold pulls strongly on already depleted Midwestern propane stocks. Canadian traders also said the cold...

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Myke Feinman