U.S. propane inventories fell by 1.8 MMbbl this week, which was above average industry expectations for a draw of 1.4 MMbbl and above the 1.2 MMbbl average decline for the week. Total U.S. propane stocks now stand at 96.9 MMbbl, which is 13.8 MMbbl, or 16.6%, above the 5-year average. Access the full weekly report to read more about the current inventory levels and likely causes, including logistics issues for different regions if supply chain stress continues. Visit NPGA’s Inventory Trends section for the full weekly report, monthly report, and data analysis.
Questions? Contact NPGA Senior Manager, Industry Affairs Twana Aiken.
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