NPGA Bobtail

EIA Supply Update

Propane/propylene inventories rise

U.S. propane/propylene stocks decreased by 3.4 million barrels last week to 62.4 million barrels as of January 7, 2022, 4.3 million barrels (6.5%) less than the five-year (2017-2021) average inventory levels for this same time of year. Gulf Coast inventories decreased by 2.7 million barrels, and Rocky Mountain/West Coast and Midwest inventories each decreased by 1.0 million barrels. East Coast inventories increased by 0.4 million barrels.

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