Editorial Note: A version of this news item was first published in the National Propane Gas Association's (NPGA) The Bobtail.

NPGA’s advocacy team works to include propane in a variety of federal programs, from grant programs to tax credits. One such credit available to propane used in the transportation sector is the 45Z credit. 

The Energy Information Administration (EIA), released an analysis of the crude oil prices and refinery margins in the first quarter. Part of its analysis is published below:

Cetane Associates has promoted Trey Brasseaux to vice president, recognizing his financial expertise, leadership and positive impact since joining the firm in 2023.

Otodata, a tank monitor and accessories company based in Quebec, Canada, recently announced the retirement of its Southern USA Advisor David Dodd. 

Canada's primary underground propane inventories decreased by 2.1% in April, according to the Canada Energy Regulator. The total represented a month-to-month decrease of 8.4 Mcm. Compared to a year earlier, stocks were lower, with 319.8 Mcm, or 44.5%, less product on hand.

Propane storages in the West started April a bit higher at 291.6 Mcm, which corresponds to 1.837 MMbbl, the agency reported. From March to April, volumes increased by 10 Mcm, or 3.6%, and were 255.7 less the year prior's level of 547.3 Mcm.

During the latest mid-month period, prices at Mont Belvieu, Texas, decreased. The posted prices decreased 10.25 cents/gal, from March mid-month to April mid-month, and the spot prices decreased 5 cents. Conway, Kansas, postings decreased 17.124 cents/gal, and spots decreased 14 cents over the month.