EIA: Propane/Propylene Inventories Rise 24.9% Y-o-Y


   
Maria Eugenia Garcia
DTN Energy Editor

   HOUSTON, TX (DTN) -- The Energy Information Administration reported on 
Wednesday (2/4) total domestic propane/propylene stocks of 82.716 million bbl 
in the week ending January 30, down 6.236 million bbl week-on-week and 16.467 
million bbl, or 24.9% higher than in the same week last year.
Data show propane/propylene exports last week averaged 1.917 million bpd, down 
178,000 bpd week-on-week and 89,000 bpd, or 4.9%, higher than in the same week 
last year.
Implied demand for propane/propylene in the United States averaged 1.535 
million bpd, up 35,000 bpd week-on-week and 443,000 bpd, or 22.4% lower than in 
the same week last year.
EIA reports domestic propane/propylene production averaged 2.352 million bpd, 
down 418,000 bpd week-on-week and 153,000 bpd, or 6.1% lower than in the same 
week last year.
East Coast PADD 1 inventories ended the week at 4.907 million bbl, down 622,000 
bbl week-on-week and 406,000 bbl, or 9% higher than in the same week last year.
Midwest PADD 2 inventories ended the week at 17.266 million bbl, down 2.244 
million bbl week-on-week and 1.108 million bbl, or 6.9% higher than in the same 
week last year.
Gulf Coast PADD 3 inventories ended the week at 56.378 million bbl, down 3.255 
million bbl week-on-week and 14.887 million bbl, or 35.9% 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 4.165 million bbl, down 115,000 bbl week-on-week and 67,000 bbl, or 
1.6% higher than in the same week last year.

    




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