EIA: Propane/Propylene Stocks Rise 21.17% Y-o-Y


   
Maria Eugenia Garcia
DTN Energy Editor

   HOUSTON, TX (DTN) --The Energy Information Administration reported on 
Wednesday (8/5) total domestic propane/propylene stocks of 103.103 million bbl 
in the week ending July 31, up 817,000 bbl week-on-week and 18.364 million bbl, 
or 21.7% higher than in the same week last year.

   Data show propane/propylene exports last week averaged 1.921 million bpd, 
down 193,000 bpd week-on-week and 70,000 bpd, or 3.5%, lower than in the same 
week last year.

   Implied demand for propane/propylene in the United States averaged 909,000 
bpd, up 429,000 bpd week-on-week and 104,000 bpd, or 12.9% higher than in the 
same week last year.

   EIA reports domestic propane/propylene production averaged 2.884 million 
bpd, down 0,000 bpd week-on-week and 9,000 bpd, or 0.3% higher than in the same 
week last year.

   East Coast PADD 1 inventories ended the week at 6.916 million bbl, up 
218,000 bbl week-on-week and 49,000 bbl, or 0.7% lower than in the same week 
last year.

   Midwest PADD 2 inventories ended the week at 24.633 million bbl, up 607,000 
bbl week-on-week and 1.886 million bbl, or 8.3% higher than in the same week 
last year.

   Gulf Coast PADD 3 inventories ended the week at 66.692 million bbl, down 
279,000 bbl week-on-week and 16.23 million bbl, or 32.2% 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 4.862 million bbl, up 271,000 bbl week-on-week and 297,000 bbl, or 
6.5% higher than in the same week last year.




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