Total U.S. propane stockpiles stood at an estimated 42.6 million barrels as of the week ended June 20, rising 2.9 million barrels, according to the Energy Information Administration. Supplies continued their seasonal build last week, but at a more moderate rate compared with the restocking pace over the past several weeks that was being driven primarily from a near-record level of imports, the agency noted.
In addition, U.S. propane inventories remain below the average range for this time of year.
Regional inventories posted mediocre gains of less than 100,000 barrels in the East Coast and slightly more than 100,000 barrels in the Midwest, while the Gulf Coast saw a much higher gain of 2.5 million barrels.
Propane Stocks (Million Barrels)
|
Propane Stocks |
|
|
Most Recent |
Year Ago |
|
|
05/09/03 |
05/16/03 |
05/23/03 |
05/30/03 |
06/06/03 |
06/13/03 |
06/20/03 |
06/21/02 |
|
U.S. |
26.753 |
28.879 |
30.362 |
33.220 |
36.093 |
39.743 |
42.595 |
NA |
|
East Coast (PADD I) |
3.868 |
3.881 |
3.877 |
4.368 |
4.413 |
4.357 |
4.418 |
NA |
|
New England (PADD IX) |
0.721 |
0.676 |
0.606 |
0.968 |
0.905 |
0.851 |
0.790 |
NA |
|
Central Atlantic (PADD IY) |
1.211 |
1.205 |
1.226 |
1.323 |
1.358 |
1.301 |
1.375 |
NA |
|
Lower Atlantic (PADD IZ) |
1.936 |
2.000 |
2.046 |
2.076 |
2.150 |
2.205 |
2.253 |
NA |
|
Midwest (PADD II) |
8.241 |
8.734 |
8.953 |
9.529 |
10.239 |
12.014 |
12.137 |
NA |
|
Gulf Coast (PADD III) |
13.371 |
14.888 |
16.086 |
17.741 |
19.722 |
21.479 |
24.012 |
NA |
|
Nonfuel Use (PADD I - III) |
1.459 |
1.722 |
1.913 |
1.980 |
2.288 |
2.243 |
2.708 |
NA |