New Website for Smith Gas Liquids Customers

  • By michael.weitzman
  • 09 Apr, 2017

Securely login to check account balances and more

We're launching our new customer facing website and customer login applications throughout the month of May. These new tools will allow existing clients to quickly and securely access account information on the go! 

Smith Gas Wholesale Propane Blog

By michael.weitzman 02 Aug, 2017

For the propane business, it's not just changes in the USA like the seasons which drive large changes in supply and demand these days. Politics with Russia can affect the Ukrainian pipeline, reduce Europe's gas supply, drive prices up from demand and cause USA-based suppliers to ship product overseas. In fact, the US is the number one LPG exporter, notes Butane-Propane News (BPN) .

 

Ensuring a steady supply of affordable propane to end users takes a skilled wholesale propane supplier who watches the world and keeps ahead of the market.What are some of the hot issues on the world energy market today? How could they affect wholesale propane prices and supply?

 

Global Customers Keep Production Rising

Demand is keeping ports like Houston busy sending huge tankers to nearby markets in the Americas and far-away destinations like Japan and China. American exporters are increasing capacity to feed into a busy global market, but that can make life more complicated for LPG consumers at home, too. What's next?

 

Busier than a Chicago Air Traffic Controller

There are a lot of issues on the radar of energy management professionals which might affect wholesale propane prices. Here are a few for 2017, from the World Energy Council :

  • Russia/India/China, both as customers and suppliers, plus market influencers
  • Extreme weather
  • Terrorism related to production and transport
  • Biofuels and electric vehicles
  • US Energy Policy

To really understand the market and how it affects the price of propane delivered to a customer's door, the analyst has to keep track of all this and much more, and good news today can simply be a sign that the winds of change are coming.

 

Low Prices Make Analysts Sweat

Really low prices from oversupply can make future-oriented analysts start to prepare for change. LPG businesses need their margins to expand, and when prices get tight they need to take action. That can mean taking production equipment off-line until prices rise and selling mainly into more profitable markets. The local LP supplier is left dealing with customers who don't understand why prices keep changing. "It's the heating season" isn't the simple explanation it once was.

 

Big Changes in World Shipments

Lately, export numbers for propane have been phenomenal -- 84.1% increase in a year, reports BPN. That's a loud call for correction in prices or supply. Which of those is most likely depends on other factors like how the related crude oil market is doing. It, too, has been facing the challenge of low prices. Energy is a critical component of the world's operation and growth, so demand will continue to rise, but at what price? And again, how does this affect home heating customers?

 

Wholesale Propane Suppliers Help Create Balance

In addition to predicting what's going to happen on the volatile world market and preparing for US-based suppliers' responses, a wholesale propane supplier has plenty of tools for helping to create balance for customers in a complex world. A lot of the techniques sound like stock and commodities market terms, like hedging and price management ,  and they are very similar in a lot of ways.

By using their understanding of markets and their product, they can make deals and commitments that help stabilize the price they charge for propane, even in an active, unpredictable market. After all, big price changes affect everyone and can make life miserable for home heating customers, small businesses, and others who run a tight ship. Stable, predictable costs can help a lot.

 

Energy Affects Everyone

Managing wholesale propane prices is just one of many ways that Smith Gas Liquids company can be a sure thing as your company's propane supplier. Learn more about various wholesale propane sales agreements for your company by  requesting a call today .

By michael.weitzman 09 Apr, 2017
We're launching our new customer facing website and customer login applications throughout the month of May. These new tools will allow existing clients to quickly and securely access account information on the go! 

Smith Gas Wholesale Propane Blog

By michael.weitzman 02 Aug, 2017

For the propane business, it's not just changes in the USA like the seasons which drive large changes in supply and demand these days. Politics with Russia can affect the Ukrainian pipeline, reduce Europe's gas supply, drive prices up from demand and cause USA-based suppliers to ship product overseas. In fact, the US is the number one LPG exporter, notes Butane-Propane News (BPN) .

 

Ensuring a steady supply of affordable propane to end users takes a skilled wholesale propane supplier who watches the world and keeps ahead of the market.What are some of the hot issues on the world energy market today? How could they affect wholesale propane prices and supply?

 

Global Customers Keep Production Rising

Demand is keeping ports like Houston busy sending huge tankers to nearby markets in the Americas and far-away destinations like Japan and China. American exporters are increasing capacity to feed into a busy global market, but that can make life more complicated for LPG consumers at home, too. What's next?

 

Busier than a Chicago Air Traffic Controller

There are a lot of issues on the radar of energy management professionals which might affect wholesale propane prices. Here are a few for 2017, from the World Energy Council :

  • Russia/India/China, both as customers and suppliers, plus market influencers
  • Extreme weather
  • Terrorism related to production and transport
  • Biofuels and electric vehicles
  • US Energy Policy

To really understand the market and how it affects the price of propane delivered to a customer's door, the analyst has to keep track of all this and much more, and good news today can simply be a sign that the winds of change are coming.

 

Low Prices Make Analysts Sweat

Really low prices from oversupply can make future-oriented analysts start to prepare for change. LPG businesses need their margins to expand, and when prices get tight they need to take action. That can mean taking production equipment off-line until prices rise and selling mainly into more profitable markets. The local LP supplier is left dealing with customers who don't understand why prices keep changing. "It's the heating season" isn't the simple explanation it once was.

 

Big Changes in World Shipments

Lately, export numbers for propane have been phenomenal -- 84.1% increase in a year, reports BPN. That's a loud call for correction in prices or supply. Which of those is most likely depends on other factors like how the related crude oil market is doing. It, too, has been facing the challenge of low prices. Energy is a critical component of the world's operation and growth, so demand will continue to rise, but at what price? And again, how does this affect home heating customers?

 

Wholesale Propane Suppliers Help Create Balance

In addition to predicting what's going to happen on the volatile world market and preparing for US-based suppliers' responses, a wholesale propane supplier has plenty of tools for helping to create balance for customers in a complex world. A lot of the techniques sound like stock and commodities market terms, like hedging and price management ,  and they are very similar in a lot of ways.

By using their understanding of markets and their product, they can make deals and commitments that help stabilize the price they charge for propane, even in an active, unpredictable market. After all, big price changes affect everyone and can make life miserable for home heating customers, small businesses, and others who run a tight ship. Stable, predictable costs can help a lot.

 

Energy Affects Everyone

Managing wholesale propane prices is just one of many ways that Smith Gas Liquids company can be a sure thing as your company's propane supplier. Learn more about various wholesale propane sales agreements for your company by  requesting a call today .

By michael.weitzman 09 Apr, 2017
We're launching our new customer facing website and customer login applications throughout the month of May. These new tools will allow existing clients to quickly and securely access account information on the go! 
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