The FOB U.S. Gulf Coast propane resale market, which is essentially the spot market for U.S. Gulf Coast propane exports, was marked by low activity for much of 2022 as high freight rates, potential long waits to cross the Panama Canal and uncertain netbacks kept many potential buyers on the sidelines.
While you’re flipping burgers in your backyard on the grill, take a few minutes to think about your propane tank – other than wondering if you need take it in for a refill.