Bottom Line: Propane/propylene inventories decline
U.S. propane/propylene stocks decreased by 5.9 million barrels last week to 41.9 million barrels as of February 11, 2022, 8.6 million barrels (17.0%) less than the five-year (2017-2021) average inventory levels for this same time of year. Gulf Coast, Midwest, and East Coast inventories decreased by 2.5 million barrels, 1.9 million barrels, and 1.6 million barrels, respectively, and Rocky Mountain/West Coast inventories decreased slightly, remaining virtually unchanged.
Access the full report here.
Related News
USDA Crop Progress Report
April 18, 2024
The U.S. Department of Agriculture (USDA) Crop Report as of April 14, 2024, shows promising developments in corn and soybean planting, crucial info...
RBN Energy Weekly Supply Update
April 18, 2024
U.S. propane inventories had a significant build of 4 MMbbl this week, putting propane inventories at 55.7 MMbbl. Total propane stocks are above th...
PERC Hosts Contest at FFA Convention
April 18, 2024
The Propane Education & Research Council (PERC) recently hosted an exciting contest at the 2023 Future Farmers of America (FFA) Convention. As ...