EIA: Propane/Propylene Inventories Increase 18.5% Y-o-Y


   
Maria Eugenia Garcia
DTN Energy Editor

   HOUSTON, TX (DNT) --The Energy Information Administration reported on 
Wednesday (8/12) total domestic propane/propylene stocks of 104.974 million bbl 
in the week ending August 7, up 1.871 million bbl week-on-week and 16.362 
million bbl, or 18.5% higher than in the same week last year.
Data show propane/propylene exports last week averaged 1.982 million bpd, up 
61,000 bpd week-on-week and 318,000 bpd, or 19.1%, higher than in the same week 
last year.
Implied demand for propane/propylene in the United States averaged 747,000 bpd, 
down 162,000 bpd week-on-week and 30,000 bpd, or 4.2% higher than in the same 
week last year.
EIA reports domestic propane/propylene production averaged 2.895 million bpd, 
up 11,000 bpd week-on-week and 46,000 bpd, or 1.6% higher than in the same week 
last year.
East Coast PADD 1 inventories ended the week at 8.106 million bbl, up 1.19 
million bbl week-on-week and 578,000 bbl, or 7.7% higher than in the same week 
last year.
Midwest PADD 2 inventories ended the week at 25.006 million bbl, up 373,000 bbl 
week-on-week and 1.835 million bbl, or 7.9% higher than in the same week last 
year.
Gulf Coast PADD 3 inventories ended the week at 66.943 million bbl, up 251,000 
bbl week-on-week and 13.64 million bbl, or 25.6% 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 4.918 million bbl, up 56,000 bbl week-on-week and 309,000 bbl, or 6.7% 
higher than in the same week last year.




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