Propane Volatility Increases as Midcontinent Inventories Shrink

摘要

No market has been more volatile in recent weeks than US propane, but last week proved to be one of its most volatile ever. Prices at the Conway, Kansas, trading hub have gyrated all over the charts, beginning the year at $1.25 per gallon, then soaring to a record high of $4.95/gal on Jan. 23 as severe cold hit the US Midcontinent (NGW Jan.27'14).