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This material has been prepared for informational purposes only and is not an offer to buy or
sell or a solicitation of any offer to buy or sell any security or other financial instrument or to
participate in any trading strategy. Past performance is not necessarily a guide to future
performance. Please see additional important information and qualifications at the end of this
material.
Copyright 2014 Powerhouse
David Thompson, CMT Executive Vice President
202-333-5380 www.powerhouseTL.com
Buying Smart, Selling Smart
Despite Volatile Propane Prices
NPGA 2014 Southeastern Propane Expo
April 12-13, 2014
2
Major Changes to Propane Market Fundamentals
Propane to WTI Crude Price Ratio
3
U.S. NGL Supply Sources
4
U.S. Propane Production
5
U.S. Propane Exports
6
Propane Share of Heating Demand by Key States
7
PADD 2 (Midwest) Propane Inventories Trended Lower
on Strong Crop Drying Demand and Extreme Cold
8
Winter 2013-14 Propane Supply Disruptions
9
Contact Powerhouse:
To See the Full (38 page) Presentation
Winter 2013-14 Propane Supply Disruptions
9
Contact Powerhouse:
To See the Full (38 page) Presentation

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Npga 2014 teaser

  • 1. This material has been prepared for informational purposes only and is not an offer to buy or sell or a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading strategy. Past performance is not necessarily a guide to future performance. Please see additional important information and qualifications at the end of this material. Copyright 2014 Powerhouse David Thompson, CMT Executive Vice President 202-333-5380 www.powerhouseTL.com Buying Smart, Selling Smart Despite Volatile Propane Prices NPGA 2014 Southeastern Propane Expo April 12-13, 2014
  • 2. 2 Major Changes to Propane Market Fundamentals
  • 3. Propane to WTI Crude Price Ratio 3
  • 4. U.S. NGL Supply Sources 4
  • 7. Propane Share of Heating Demand by Key States 7
  • 8. PADD 2 (Midwest) Propane Inventories Trended Lower on Strong Crop Drying Demand and Extreme Cold 8
  • 9. Winter 2013-14 Propane Supply Disruptions 9 Contact Powerhouse: To See the Full (38 page) Presentation
  • 10. Winter 2013-14 Propane Supply Disruptions 9 Contact Powerhouse: To See the Full (38 page) Presentation