EIA: US Propane/Propylene Inventories Rose 4.2% Last Week


   
Dawn Gallagher
DTN Energy Reporter

    

    

   OAKHURST, N.J. (DTN) --- The Energy Information Administration reports total 
domestic propane/propylene stocks of 75.651 million bbl in the week ending June 
27, up 3.036 million bbl week-on-week while 185,000 bbl, or 0.2% lower than in 
the same week last year.
Data show propane/propylene exports last week averaged 1.868 million bpd, up 
46,000 bpd week-on-week and 41,000 bpd, or 2.2%, higher than in the same week 
last year.
Implied demand for propane/propylene in the United States averaged 568,000 bpd, 
up 263,000 bpd week-on-week while 92,000 bpd, or 16.2% lower than in the same 
week last year.
EIA reports domestic propane/propylene production averaged 2.797 million bpd in 
the final week of June, up 7,000 bpd week-on-week and 60,000 bpd, or 2.1% 
higher than in the same week last year.
East Coast PADD 1 inventories ended the week at 6.497 million bbl, up 787,000 
bbl week-on-week and 98,000 bbl, or 1.5% higher than in the same week last year.
Midwest PADD 2 inventories ended the week at 18.422 million bbl, up 1.447 
million bbl week-on-week yet 4.936 million bbl, or 26.8% lower than in the same 
week last year.
Gulf Coast PADD 3 inventories ended the week at 46.929 million bbl, up 702,000 
bbl week-on-week and 5.669 million bbl, or 12.1% 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 3.803 million bbl, up 101,000 bbl week-on-week yet 1.015 million bbl, 
or 26.7% lower than in the same week last year.




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