EIA: US Propane/Propylene Stocks Decreased 20.6%% YoY
4/30 11:19 AM
EIA: US Propane/Propylene Stocks Decreased 20.6% YoY
Maria Eugenia Garcia
DTN Energy Editor
HOUSTON, TX (DTN) --The Energy Information Administration reports total
domestic propane/propylene stocks of 47.206 million bbl in the week ending
April 25, up 576,000 bbl week-on-week and 9.716 million bbl, or 20.6% lower
than in the same week last year.
Data show propane/propylene exports last week averaged 1.982 million bpd, down
179,000 bpd week-on-week and 293,000 bpd, or 14.8%, higher than in the same
week last year.
Implied demand for propane/propylene in the United States averaged 878,000 bpd,
up 430,000 bpd week-on-week and 277,000 bpd, or 31.5% lower than in the same
week last year.
EIA reports domestic propane/propylene production averaged 2.852 million bpd,
up 17,000 bpd week-on-week and 56,000 bpd, or 2% higher than in the same week
last year.
East Coast PADD 1 inventories ended the week at 4.011 million bbl, down 80,000
bbl week-on-week and 650,000 bbl, or 16.2% lower than in the same week last
year.
Midwest PADD 2 inventories ended the week at 10.035 million bbl, up 262,000 bbl
week-on-week and 3.927 million bbl, or 39.1% lower than in the same week last
year.
Gulf Coast PADD 3 inventories ended the week at 30.522 million bbl, down 7,000
bbl week-on-week and 3.937 million bbl, or 12.9% lower than in the same week
last year.
Combined inventories in the Rockies and the West Coast, PADD 4 and 5, ended the
week at 2.637 million bbl, up 401,000 bbl week-on-week and 1.203 million bbl,
or 45.6% lower than in the same week last year.
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