Higher inventories, milder weather, and falling crude oil and natural gas prices have resulted in a Midwest propane market that so far this winter has not experienced the challenges faced last winter, when the combination of depleted inventories and high winter demand pushed propane prices to record highs prompting emergency measures to address propane supply shortfalls. This winter, Midwest propane markets are well-supplied; however, the changes prompted by the events of last winter continue to influence the market. ... More »
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