U.S. propane inventories had a draw of 3.4 MMbbl this week, putting propane inventories at 51.2 MMbbl. RBN Energy’s analysis shows all PADDs having decreases with PADD 3 having the largest. Total propane stocks are below the same week in 2023, by 15.5% and 17 MMbbl below the five-year maximum. Therefore, inventories are essentially the same as the five-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.
Related News
December Heating Degree Days
December 5, 2024
A heating degree day (HDD) is a measure of how cold a location is. It’s derived by comparing the average outdoor temperature to a baseline of 65 ...
Vermont Recognizes Value of Renewable Propane
December 5, 2024
Over the past 18 months the Vermont Public Utility Commission has been designing a Clean Heat Standard (CHS), which seeks to financially penalize t...
Ferrellgas Donation Supports South African Meal Program
December 5, 2024
On November 22, Ferrellgas announced a generous donation to the Peninsula School Feeding Association (PSFA) as part of its Ferrellgas Century Proje...