EIA: Propane/Propylene Stocks Increase 31.3% on Year


   
Maria Eugenia Garcia
DTN Energy Editor

   HOUSTON, TX (DTN) -- The Energy Information Administration reported on 
Wednesday (2/11) total domestic propane/propylene stocks of 77.269 million bbl 
in the week ending February 6, down 5.447 million bbl week-on-week and 18.411 
million bbl, or 31.3% higher than in the same week last year.
Data show propane/propylene exports last week averaged 1.871 million bpd, down 
46,000 bpd week-on-week and 212,000 bpd, or 12.8%, higher than in the same week 
last year.
Implied demand for propane/propylene in the United States averaged 1.777 
million bpd, up 242,000 bpd week-on-week and 277,000 bpd, or 18.5% higher than 
in the same week last year.
EIA reports domestic propane/propylene production averaged 2.686 million bpd, 
up 334,000 bpd week-on-week and 77,000 bpd, or 3% higher than in the same week 
last year.
East Coast PADD 1 inventories ended the week at 4.1 million bbl, down 807,000 
bbl week-on-week and 829,000 bbl, or 25.3% higher than in the same week last 
year.
Midwest PADD 2 inventories ended the week at 15.702 million bbl, down 1.564 
million bbl week-on-week and 1.796 million bbl, or 12.9% higher than in the 
same week last year.
Gulf Coast PADD 3 inventories ended the week at 53.557 million bbl, down 2.821 
million bbl week-on-week and 15.449 million bbl, or 40.5% 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 3.91 million bbl, down 255,000 bbl week-on-week and 337,000 bbl, or 
9.4% higher than in the same week last year.

    

    




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