South Dakota Governor Kristi Noem executed an executive order to waive hours of service requirements in response to the high demand for propane. To clarify, data demonstrates that there is significant supply of propane throughout the Midwest and Rocky Mountain region.
Since the last monthly report, total U.S. propane/propylene stocks peaked on a weekly basis at approximately 100.7 million barrels (for the week ending 4 October) and have since fallen slightly, week-over-week, based on weaker supplies and stronger demand. Further stock draws are expected as demand passes through its seasonal trough supported by colder temperatures, increasing exports, and grain/crop drying demand increases.
NPGA is committed to strengthening the businesses of our members and the propane industry through powerful advocacy, standards development, safety and training materials, networking opportunities, and information resources.