EIA: Domestic Propane/Propylene Supplies Rose 3.6% Last Wk


   
    

   OAKHURST, N.J. (DTN) --- The Energy Information Administration reports total 
domestic propane/propylene stocks of 78.385 million bbl in the week ending July 
4, up 2.734 million bbl week-on-week while 4.229 million bbl, or 5.4% lower 
than in the same week last year.

   Data show propane/propylene exports last week averaged 1.46 million bpd, 
down 408,000 bpd week-on-week and 72,000 bpd, or 4.9%, lower than in the same 
week last year.

   Implied demand for propane/propylene in the United States averaged 1.03 
million bpd, up 462,000 bpd week-on-week and 487,000 bpd, or 47.3% higher than 
in the same week last year.

   EIA reports domestic propane/propylene production averaged 2.798 million 
bpd, up 1,000 bpd week-on-week and 143,000 bpd, or 5.1% higher than in the same 
week last year.

   East Coast PADD 1 inventories ended the week at 6.437 million bbl, down 
60,000 bbl week-on-week and 511,000 bbl, or 7.9% lower than in the same week 
last year.

   Midwest PADD 2 inventories ended the week at 19.846 million bbl, up 1.424 
million bbl week-on-week while 3.709 million bbl, or 18.7% lower than in the 
same week last year.

   Gulf Coast PADD 3 inventories ended the week at 48.054 million bbl, up 1.125 
million bbl week-on-week and 816,000 bbl, or 1.7% 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 4.048 million bbl, up 245,000 bbl week-on-week but 825,000 bbl, or 
20.4% lower than in the same week last year.




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