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
RBN Energy Weekly Supply Update
October 3, 2022
Bottom Line: Nationwide inventories above five-year minimum. RBN Energy analysis shows that U.S. propane stocks increased by 1.63 MMbbl, which puts...
October Heating Degree Days
September 22, 2022
Bottom Line: Despite regional variations, overall, the U.S. experienced fewer heating degree days in October 2021 than the month’s 10-year averag...
Women in Propane’s New Leadership Podcast Now Live
September 22, 2022
Bottom Line: Women in Propane is launching a new podcast titled “Through the Leadership Lens.” Each episode focuses on different compon...