Total U.S. propane/propylene inventories were essentially unchanged for the week ended March 22, which is between the average of industry expectations for an increase of 461 Mbbl and the 581 Mbbl average draw for the week, and total U.S. propane stocks remain at 52.2 MMbbl. Total U.S. propane/propylene stocks have dropped by 49 MMbbl over the last 21 weeks, compared to a decline of only 31.8 MMbbl for the same period last year, according to EIA data. 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 or Kate Gaziano, NPGA Director of Regulatory Affairs and Associate General Counsel.
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