You probably haven’t heard about it—but there’s a potential bull market brewing in propane. At the risk of sounding like Hank Hill—the market for this natural gas liquid has been one of the most exciting stories of the last several weeks. As the chart below shows, propane prices at the Mont Belvieu, Texas hub have been on a tear—rising as much as 46% since June to an eighteen-month high.The reason is exports. Weekly American shipments of propane abroad have jumped as much as 87% since April. Propane’s surge shows…
via OilPrice.com Daily News Update http://oilprice.com/Energy/Energy-General/The-Most-Important-Energy-Map-Youll-See-This-Year.html
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