Bottom Line: Nationwide inventories and exports remain relatively steady.
RBN Energy analysis shows that U.S. propane stocks are at 65.7 MMbbl, which is 335 Mbbl above this time last year and slightly above the five-year minimum.
Inventories in the Midwest as well as the Rocky Mountain and West Coast slightly decreased. The Gulf Coast experienced the greatest build, though it is difficult to identify if the inventories are destined for export. The East Coast experienced a build as well, but remains below the same time as last year and the 5-year maximum.
Access the full weekly report to read more about the current inventory levels and likely causes, including the impact on exports of ongoing lock-downs in China and the geopolitical conflict in Europe. Visit NPGA’s Inventory Trends section for the full weekly report, monthly report, and data analysis. Questions? Contact NPGA Vice President, Regulatory & Industry Affairs Sarah Reboli.
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