EIA: Propane/Propylene Stocks Increase 8% on Week


   
Maria Eugenia Garcia
DTN Energy Editor

   HOUSTON, TX (DTN) --The Energy Information Administration reported on 
Wednesday (9/23) total domestic propane/propylene stocks of 107.87 million bbl 
in the week ending September 18, down 1.222 million bbl week-on-week and 7.952 
million bbl, or 8% higher than in the same week last year.

   Data show propane/propylene exports last week averaged 2.469 million bpd, up 
256,000 bpd week-on-week and 547,000 bpd, or 28.5%, higher than in the same 
week last year.

   Implied demand for propane/propylene in the United States averaged 764,000 
bpd, down 274,000 bpd week-on-week and 131,000 bpd, or 14.6% lower than in the 
same week last year.

   EIA reports domestic propane/propylene production averaged 2.968 million 
bpd, down 5,000 bpd week-on-week and 83,000 bpd, or 2.9% higher than in the 
same week last year.

   East Coast PADD 1 inventories ended the week at 7.934 million bbl, up 
200,000 bbl week-on-week and 72,000 bbl, or 0.9% higher than in the same week 
last year.

   Midwest PADD 2 inventories ended the week at 26.09 million bbl, down 169,000 
bbl week-on-week and 714,000 bbl, or 2.7% lower than in the same week last year.

   Gulf Coast PADD 3 inventories ended the week at 68.434 million bbl, down 
1.192 million bbl week-on-week and 8.485 million bbl, or 14.2% 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 5.412 million bbl, down 61,000 bbl week-on-week and 109,000 bbl, or 
2.1% higher than in the same week last year.

    




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