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BUS 302 - WSJ Submission #2 1 - Title of Article​:...

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Name: Evan Gearing Business 302/Section # 20724 Date: 2/21/21 Appropriate Model for Analysis: 2 points Focus: 0.5 points Title of Article: Outdoor Heating is Boon to Propane Issue Date: Thursday, February 11th, 2021 Page Number(s): B1 Continued on page B2 Appropriate Model for Analysis: Porter’s Five Forces Model Focus: Rising demand and prices of propane Salient Components of Model (1 point) How Article Relates to Model Component (1 point) Threat of New Entrants Industrial buyers in China and South Korea able to switch from LNG to propane did so, analysts said. Bargaining Power of Suppliers Domestic demand rose to five-year highs this winter despite unusually warm weather. Stockpiles of the bottled fuel fell 50% faster than normal between October and February. Prices for propane are up more than fourfold from the bottom in march. Threat of Substitute Products
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Term
Spring
Professor
N/A
Tags
Autumn, Liquefied natural gas, Suburban Propane Partners

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