Bottom Line: Nationwide inventories grew but still hover at the bottom of the 5-year range.
RBN Energy analysis shows that U.S. propane stocks grew to 72.2 MMbbl, above this time last year. The Gulf Coast experienced the largest growth, increasing inventories to 39.8 MMbbl. The Midwest region also experienced growth – increasing to 21.5 MMbbl – but still below this time last year. The East Coast experienced small growth to total 310 Mbbl, which is below this time last year. The Rocky Mountain region and the West Coast dropped to 4.3 MMbbl.
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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