EIA: Domestic Propane/Propylene Supply Up 1.6% Last Week


   
    

    

   OAKHURST, N.J. (DTN) --- Energy Information Administration data show total 
domestic propane/propylene stocks of 96.817 million bbl in the week ending 
Sept. 6, up 1.127 million bbl week-on-week and 2.296 million bbl, or 2.4% lower 
than in the same week last year.

   Data show propane/propylene exports last week averaged 1.833 million bpd, up 
169,000 bpd week-on-week and 165,000 bpd, or 9%, higher than in the same week 
last year.

   Implied demand for propane/propylene in the United States averaged 823,000 
bpd, up 94,000 bpd week-on-week and 321,000 bpd, or 39% higher than in the same 
week last year.

   EIA reports domestic propane/propylene production averaged 2.702 million 
bpd, up 13,000 bpd week-on-week and 145,000 bpd, or 5.4% higher than in the 
same week last year.

   East Coast PADD 1 inventories ended the week at 7.833 million bbl, up 
118,000 bbl week-on-week and 591,000 bbl, or 7.5% lower than in the same week 
last year.

   Midwest PADD 2 inventories ended the week at 26.318 million bbl, up 356,000 
bbl week-on-week and 348,000 bbl, or 1.3% lower than in the same week last year.

   Gulf Coast PADD 3 inventories ended the week at 56.917 million bbl, up 
665,000 bbl week-on-week and 1.504 million bbl, or 2.6% 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 5.749 million bbl, down 11,000 bbl week-on-week and 146,000 bbl, or 
2.5% higher than in the same week last year.




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