EIA: Propane/Propylene Stockpiles Increase 1.6% Annually


   
Maria Eugenia Garcia
DTN Refined Fuels Market Reporter

   HOUSTON, TX (DTN) -- The Energy Information Administration reported on 
Wednesday (10/22) total domestic propane/propylene stocks of 103.175 million 
bbl in the week ending October 17, up 799,000 bbl week-on-week and 1.645 
million bbl, or 1.6% higher than in the same week last year.
Data show propane/propylene exports last week averaged 1.892 million bpd, down 
242,000 bpd week-on-week and 314,000 bpd, or 16.6%, higher than in the same 
week last year.
Implied demand for propane/propylene in the United States averaged 914,000 bpd, 
up 419,000 bpd week-on-week and 396,000 bpd, or 43.3% lower than in the same 
week last year.
EIA reports domestic propane/propylene production averaged 2.84 million bpd, up 
31,000 bpd week-on-week and 86,000 bpd, or 3% higher than the same period last 
year.
East Coast PADD 1 inventories ended the week at 8.844 million bbl, down 83,000 
bbl week-on-week and 1.128 million bbl, or 12.8% higher than in the same week 
last year.
Midwest PADD 2 inventories ended the week at 27.959 million bbl, up 896,000 bbl 
week-on-week and 736,000 bbl, or 2.6% lower than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 60.925 million bbl, up 11,000 
bbl week-on-week and 2.053 million bbl, or 3.4% 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 5.448 million bbl, down 24,000 bbl week-on-week and 798,000 bbl, or 
14.6% lower than in the same week last year.

    




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