NPGA Bobtail

RBN Energy Weekly Supply Update

Bottom Line: Inventories are still above the five-year minimum.  RBN Energy’s analysis shows that U.S. propane stocks fell by 311 Mbbl, which puts stocks at 87.7 MMbbl, bringing it to 13 MMbbl above the same week in 2021 and 15.7 MMbbl higher than the five-year minimum.

Access the full weekly report to read more about the current inventory levels and likely causes, including the impact on exports of ongoing lockdowns 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 Manager, Industry Affairs Twana Aiken.