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.
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