EIA: Propane/Propylene Inventory Climbs 47.3% Y-o-Y


   
   HOUSTON, TX (DTN) -- The Energy Information Administration reported on 
Wednesday (3/11) total domestic propane/propylene stocks of 71.675 million bbl 
in the week ending March 6, down 1.676 million bbl week-on-week and 23.021 
million bbl, or 47.3% higher than in the same week last year.
Data show propane/propylene exports last week averaged 2.035 million bpd, up 
426,000 bpd week-on-week and 213,000 bpd, or 9.5%, lower than in the same week 
last year.
Implied demand for propane/propylene in the United States averaged 1.202 
million bpd, down 66,000 bpd week-on-week and 144,000 bpd, or 13.6% higher than 
in the same week last year.
EIA reports domestic propane/propylene production averaged 2.862 million bpd, 
up 46,000 bpd week-on-week and 172,000 bpd, or 6.4% higher than in the same 
week last year.
East Coast PADD 1 inventories ended the week at 2.682 million bbl, down 848,000 
bbl week-on-week and 700,000 bbl, or 20.7% lower than in the same week last 
year.
Midwest PADD 2 inventories ended the week at 13.752 million bbl, down 54,000 
bbl week-on-week and 3.338 million bbl, or 32.1% higher than in the same week 
last year.
Gulf Coast PADD 3 inventories ended the week at 51.775 million bbl, down 
825,000 bbl week-on-week and 19.89 million bbl, or 62.4% 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 3.466 million bbl, up 51,000 bbl week-on-week and 492,000 bbl, or 16.5% 
higher than in the same week last year.

    




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