The OilSpot News from DTN Energy
Monday, April 28, 2003 VOLUME 1 ISSUE 41  


FRONT PAGE
Propane Stocks Again Add 600,000 Barrels to Inventory


For the week ending April 18, the Energy Information Administration said domestic stocks of propane were again increased by 600,000 barrels, matching the prior week’s inventory build. With the report, the EIA said the total U.S. stockpile of propane stood at an estimated 22.3 million barrels.

 

However, the agency reported that with little over a week remaining in April, U.S. propane inventories are poised to end the month at the lowest level in 33 years for this period, reflecting a monthly build that so far totals less than half of the normal 5.6 million barrel rate averaged over the most recent 5-year period.

 

Modest gains were reported across all the major regions last week with inventories in the East Coast remaining nearly flat, while Midwest and Gulf Coast inventories showed weekly gains of 0.2 million barrels and 0.3 million barrels, respectively.

 

Propane Stocks (Million Barrels)

Propane Stocks

 

Most Recent

Year Ago

 

03/07/03

03/14/03

03/21/03

03/28/03

04/04/03

04/11/03

04/18/03

04/19/02

U.S.

18.860

18.167

18.967

19.546

21.108

21.681

22.278

NA

East Coast (PADD I)

1.875

1.998

2.140

2.141

2.533

2.738

2.787

NA

   New England (PADD IX)

0.329

0.555

0.388

0.287

0.646

0.578

0.517

NA

   Central Atlantic (PADD IY)

0.686

0.641

0.615

0.737

0.791

0.851

0.921

NA

   Lower Atlantic (PADD IZ)

0.860

0.802

1.136

1.116

1.096

1.308

1.349

NA

Midwest (PADD II)

6.213

5.392

5.423

5.414

5.851

6.563

6.804

NA

Gulf Coast (PADD III)

9.874

9.912

10.502

11.061

11.719

11.349

11.626

NA

Nonfuel Use (PADD I - III)

1.896

1.766

1.731

1.646

1.959

1.681

1.598

NA


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