The OilSpot News by DTN
Monday, January 11, 2010 VOLUME 8 ISSUE 385  

FRONT PAGE
US Propane Stocks Decline 3.1 Million Bbl Week-ended Jan. 1


Domestic propane stockpiles dropped 3.1 million bbl or 6.3 percent to 49.4 million bbl for the week-ended Jan. 1, according to the Energy Information Administration.

 

The drawdown set domestic propane supply at a 6.0 million bbl below year-ago levels, a 10.8 percent decline.

 

Regionally, propane in the PADD 1 East Coast region declined 300,000 bbl at 4.7 million bbl, while stocks in the PADD 2 Midwest region dropped 1.3 million bbl to 19.4 million bbl. Propane stocks in PADD 3 at the Gulf Coast fell 1.0 million bbl to 23.9 million bbl. For PADDs 4 and 5, which include the Rocky Mountain and West Coast regions, propane stocks decreased 400,000 bbl, or 26.7 percent, to 1.5 million bbl for the week reviewed.

 

Propane Stocks (Million Barrels) and Days of Supply

Propane Stocks

more data

 

Most Recent

Year Ago

 

11/20/09

11/27/09

12/04/09

12/11/09

12/18/09

12/25/09

01/01/10

01/02/09

U.S.

63.647

62.711

61.422

57.441

53.996

52.469

49.441

56.333

East Coast (PADD I)

4.691

5.421

5.480

5.172

4.874

5.013

4.685

3.365

   New England (PADD IA)

0.320

0.607

0.811

0.644

0.406

0.869

0.618

0.288

   Central Atlantic (PADD IB)

2.740

2.817

2.736

2.679

2.573

2.280

2.125

1.179

   Lower Atlantic (PADD IC)

1.631

1.997

1.933

1.849

1.895

1.864

1.942

1.898

Midwest (PADD II)

25.131

24.325

23.520

22.402

21.230

20.706

19.368

18.072

Gulf Coast (PADD III)

31.602

30.693

30.284

28.070

25.952

24.870

23.852

32.479

Rocky Mtn & West Coast (PADD IV & V)

2.223

2.272

2.138

1.797

1.940

1.880

1.536

2.417

Nonfuel Use

2.228

2.113

2.167

2.439

2.680

3.085

3.194

3.947

Days of Supply (number of days)

more data

 

Most Recent

Year Ago

 

11/20/09

11/27/09

12/04/09

12/11/09

12/18/09

12/25/09

01/01/10

01/02/09

U.S.

45.3

44.8

43.6

39.9

36.1

34.7

31.6

40.8

Note: Days of Supply calculated as: U.S. Propane Stocks / Four-Week Average U.S. Propane Demand

 

Regional Propane Production and Imports (Million Barrels per Day)

Regional Propane Production

more data

 

Four-Week Averages

Year Ago

Week Ending

Year Ago

 

12/18/09

12/25/09

01/01/10

01/02/09

12/18/09

12/25/09

01/01/10

01/02/09

U.S.

1.028

1.029

1.011

1.005

0.994

0.998

1.076

1.058

East Coast (PADD I)

0.050

0.051

0.049

0.065

0.051

0.049

0.047

0.068

Midwest (PADD II)

0.228

0.232

0.240

0.180

0.247

0.239

0.255

0.187

Gulf Coast (PADD III)

0.666

0.664

0.670

0.628

0.645

0.661

0.716

0.677

Regional Propane Imports

more data

 

Four-Week Averages

Year Ago

Week Ending

Year Ago

 

12/18/09

12/25/09

01/01/10

01/02/09

12/18/09

12/25/09

01/01/10

01/02/09

U.S.

0.192

0.189

0.195

0.239

0.190

0.234

0.167

0.259

East Coast (PADD I)

0.062

0.063

0.080

0.076

0.064

0.143

0.086

0.121

Midwest (PADD II)

0.118

0.113

0.100

0.143

0.104

0.077

0.067

0.122

Gulf Coast (PADD III)

0.003

0.003

0.003

0.010

0.011

0.000

0.000

0.000

 

Propane Demand (Million Barrels per Day)

Propane Demand

more data

 

Four-Week Averages

Year Ago

Week Ending

Year Ago

 

12/18/09

12/25/09

01/01/10

01/02/09

12/18/09

12/25/09

01/01/10

01/02/09

Propane/Propylene

1.495

1.513

1.563

1.380

1.605

1.379

1.605

1.202

 


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