An analysis of US propane markets, winter 1996-1997

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Description

In late summer 1996, in response to relatively low inventory levels and tight world oil markets, prices for crude oil, natural gas, and products derived from both began to increase rapidly ahead of the winter heating season. Various government and private sector forecasts indicated the potential for supply shortfalls and sharp price increases, especially in the event of unusually severe winter weather. Following a rapid runup in gasoline prices in the spring of 1996, public concerns were mounting about a possibly similar situation in heating fuels, with potentially more serious consequences. In response to these concerns, the Energy Information Administration ... continued below

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76 p.

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Creator: Unknown. June 1, 1997.

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This report is part of the collection entitled: Office of Scientific & Technical Information Technical Reports and was provided by UNT Libraries Government Documents Department to Digital Library, a digital repository hosted by the UNT Libraries. More information about this report can be viewed below.

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Description

In late summer 1996, in response to relatively low inventory levels and tight world oil markets, prices for crude oil, natural gas, and products derived from both began to increase rapidly ahead of the winter heating season. Various government and private sector forecasts indicated the potential for supply shortfalls and sharp price increases, especially in the event of unusually severe winter weather. Following a rapid runup in gasoline prices in the spring of 1996, public concerns were mounting about a possibly similar situation in heating fuels, with potentially more serious consequences. In response to these concerns, the Energy Information Administration (EIA) participated in numerous briefings and meetings with Executive Branch officials, Congressional committee members and staff, State Energy Offices, and consumers. EIA instituted a coordinated series of actions to closely monitor the situation and inform the public. This study constitutes one of those actions: an examination of propane supply, demand, and price developments and trends.

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76 p.

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OSTI as DE97006916

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  • Other Information: PBD: Jun 1997

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  • Other: DE97006916
  • Report No.: SR/OOG--97-01
  • DOI: 10.2172/491406 | External Link
  • Office of Scientific & Technical Information Report Number: 491406
  • Archival Resource Key: ark:/67531/metadc682945

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  • June 1, 1997

Added to The UNT Digital Library

  • July 25, 2015, 2:21 a.m.

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  • Nov. 17, 2015, 7:22 p.m.

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An analysis of US propane markets, winter 1996-1997, report, June 1, 1997; Washington D.C.. (digital.library.unt.edu/ark:/67531/metadc682945/: accessed August 18, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.