As of June 13, domestic stockpiles of propane stood at 39.7 million barrels, a one-week gain of 3.7 million barrels, with imports quickly aiding the restocking process, according to the Energy Information Administration.
“Since the beginning of June, propane imports have totaled about 3.3 million barrels, a level that could possibly reach, by month’s end, one of the highest monthly levels ever,” EIA said. “The highest monthly propane import level of 9.7 million barrels was reached during January 2001.”
The agency reported nearly three-quarters of the total weekly imports last moved into the Gulf Coast, which are typically waterborne from the North Sea, South America and Algeria. Midwest imports, that measured about 400,000 barrels, are entirely from Canada.
Regional stockbuilds in the Gulf Coast and Midwest showed nearly identical gains of 1.8 million barrels last week, while the East Coast reported a small decline of less than 100,000 barrels. EIA reported that while U.S. inventories continue to follow a path slightly below the average range for this time of year, regional inventories continued on mixed paths, with East Coast inventories slightly above the average range, Midwest supplies below the average range and the Gulf Coast seeing supplies near the lower limit of the average range.
Propane Stocks (Million Barrels)
|
Propane Stocks |
|
|
Most Recent |
Year Ago |
|
|
05/02/03 |
05/09/03 |
05/16/03 |
05/23/03 |
05/30/03 |
06/06/03 |
06/13/03 |
06/14/02 |
|
U.S. |
23.518 |
26.753 |
28.879 |
30.362 |
33.220 |
36.093 |
39.743 |
NA |
|
East Coast (PADD I) |
2.976 |
3.868 |
3.881 |
3.877 |
4.368 |
4.413 |
4.357 |
NA |
|
New England (PADD IX) |
0.416 |
0.721 |
0.676 |
0.606 |
0.968 |
0.905 |
0.851 |
NA |
|
Central Atlantic (PADD IY) |
1.176 |
1.211 |
1.205 |
1.226 |
1.323 |
1.358 |
1.301 |
NA |
|
Lower Atlantic (PADD IZ) |
1.384 |
1.936 |
2.000 |
2.046 |
2.076 |
2.150 |
2.205 |
NA |
|
Midwest (PADD II) |
7.352 |
8.241 |
8.734 |
8.953 |
9.529 |
10.239 |
12.014 |
NA |
|
Gulf Coast (PADD III) |
12.071 |
13.371 |
14.888 |
16.086 |
17.741 |
19.722 |
21.479 |
NA |
|
Nonfuel Use (PADD I - III) |
1.376 |
1.459 |
1.722 |
1.913 |
1.980 |
2.288 |
2.243 |
NA |