EIA: Propane/Propylene Stocks Rise 17.3% on Year


   
Maria Eugenia Garcia
DTN Energy Editor

   HOUSTON, TX (DTN)  -- The Energy Information Administration reported on 
Wednesday (8/19) total domestic propane/propylene stocks of 107.013 million bbl 
in the week ending August 14, up 2.039 million bbl week-on-week and 15.771 
million bbl, or 17.3% higher than in the same week last year.
Data show propane/propylene exports last week averaged 2.041 million bpd, up 
59,000 bpd week-on-week and 322,000 bpd, or 18.7%, higher than in the same week 
last year.
Implied demand for propane/propylene in the United States averaged 684,000 bpd, 
down 63,000 bpd week-on-week and 140,000 bpd, or 17% lower than in the same 
week last year.
EIA reports domestic propane/propylene production averaged 2.911 million bpd, 
up 16,000 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 8.289 million bbl, up 183,000 
bbl week-on-week and 68,000 bbl, or 0.8% lower than in the same week last year.
Midwest PADD 2 inventories ended the week at 26.154 million bbl, up 1.148 
million bbl week-on-week and 2.211 million bbl, or 9.2% higher than in the same 
week last year.
Gulf Coast PADD 3 inventories ended the week at 67.819 million bbl, up 876,000 
bbl week-on-week and 13.661 million bbl, or 25.2% 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 4.752 million bbl, down 166,000 bbl week-on-week and 32,000 bbl, or 
0.7% lower than in the same week last year.




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