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OPIS Energy Insights - The Outlook for Home Heating Costs

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Factors Influencing Propane Production Growth by US Refiners

This chapter explores the reasons behind the increase in propane production by US refiners, including the impact of lightning crude slate, large volumes of WTI or crude oil from the Permian Basin, natural gas drilling, the shale revolution, advancements in drilling and fracturing, and the insufficiency of distillate output. It also touches on OPEC plus cut crude, Saudi cuts on crude oil blends, and the potential benefits of running protein distillate-rich crews and introducing Iranian and Canadian heavy crude.

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