It’s clear the propane market in the United States has been strongly influenced by the abundance of natural gas. According to Propane Resources, a Kansas City-based propane industry consultancy, the U.S. was importing about 100,000 bpd of propane 10 years ago; today, it’s an exporter of 1.1 MMbpd of propane. Why? A decade ago, 48% of propane in the U.S. was derived from natural gas; today, that number has jumped to 75%, due to the various ways of getting raw product out of the ground. That includes hydraulic fracturing, among other methods.
Click here to read more from our safety and training expert, Mike Walters, as he reviews the key steps in building a successful propane terminal via Pipeline & Gas Journal. Want to read the full article? Click here to become a PGJ insider for free!