EIA: Propane/Propylene Stockpiles Jump 8.2% Year-over-Year


   
Maria Eugenia Garcia
DTN Energy Editor

   HOUSTON, TX  (DTN) -- The Energy Information Administration reported on 
Thursday (11/19) that the total domestic propane/propylene stocks of 105.361 
million bbl in the week ending November 14, down 42,000 bbl week-on-week and 
8.667 million bbl, or 8.2% higher than in the same week last year.

   Data show propane/propylene exports last week averaged 1.894 million bpd, 
down 35,000 bpd week-on-week and 525,000 bpd, or 27.7%, higher than in the same 
week last year.

   Implied demand for propane/propylene in the United States averaged 1.122 
million bpd, down 36,000 bpd week-on-week and 563,000 bpd, or 50.2% lower than 
in the same week last year.

   EIA reports domestic propane/propylene production averaged 2.86 million bpd, 
down 13,000 bpd week-on-week and 103,000 bpd, or 3.6% higher than in the same 
week last year.

   East Coast PADD 1 inventories ended the week at 9.724 million bbl, up 1.093 
million bbl week-on-week and 1.657 million bbl, or 17% higher than in the same 
week last year.

   Midwest PADD 2 inventories ended the week at 28.021 million bbl, up 11,000 
bbl week-on-week and 523,000 bbl, or 1.9% higher than in the same week last 
year.

   Gulf Coast PADD 3 inventories ended the week at 62.335 million bbl, down 
932,000 bbl week-on-week and 6.7 million bbl, or 10.7% higher than in the same 
week last year.

   Combined inventories in the Rockies and the West Coast, PADD 4 and 5, ended 
the week at 5.281 million bbl, down 214,000 bbl week-on-week and 213,000 bbl, 
or 4% lower than in the same week last year.

    




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