The OilSpot News by DTN
Tuesday, January 19, 2010 VOLUME 8 ISSUE 386  

FRONT PAGE
Propane Stocks Drawn Down 3.5 Million Bbl Week-ended Jan. 8


Domestic propane stockpiles dropped 3.5 million bbl or 7.6 percent to 45.9 million bbl for the week-ended Jan. 8, according to the Energy Information Administration.

 

The weekly drawdown moved domestic propane supply to 7.3 million bbl below year-ago levels, a 13.7 percent decline.

 

Regionally, propane in the PADD 1 East Coast region declined 700,000 bbl at 4 million bbl, while stocks in the PADD 2 Midwest region dropped 1.0 million bbl to 18.4 million bbl. Propane stocks in PADD 3 at the Gulf Coast dropped 1.8 million bbl to 22.1 million bbl. For PADDs 4 and 5, which include the Rocky Mountain and West Coast regions, propane stocks remained flat at 1.5 million bbl for the week reviewed.

Propane Stocks (Million Barrels) and Days of Supply

 

Propane Stocks

 

 

 

 

 

Most Recent

Year Ago

 

11/27/09

12/04/09

12/11/09

12/18/09

12/25/09

01/01/10

01/08/10

01/09/09

U.S.

62.711

61.422

57.441

53.996

52.469

49.441

45.947

53.742

East Coast (PADD I)

5.421

5.480

5.172

4.874

5.013

4.685

4.003

3.097

   New England (PADD IA)

0.607

0.811

0.644

0.406

0.869

0.618

0.340

0.314

   Central Atlantic (PADD IB)

2.817

2.736

2.679

2.573

2.280

2.125

1.920

1.082

   Lower Atlantic (PADD IC)

1.997

1.933

1.849

1.895

1.864

1.942

1.743

1.701

Midwest (PADD II)

24.325

23.520

22.402

21.230

20.706

19.368

18.365

17.735

Gulf Coast (PADD III)

30.693

30.284

28.070

25.952

24.870

23.852

22.118

30.961

Rocky Mtn & West Coast (PADD IV & V)

2.272

2.138

1.797

1.940

1.880

1.536

1.461

1.949

Nonfuel Use

2.113

2.167

2.439

2.680

3.085

3.194

3.493

3.847

 

Days of Supply (number of days)

 

 

 

 

 

Most Recent

Year Ago

 

11/27/09

12/04/09

12/11/09

12/18/09

12/25/09

01/01/10

01/08/10

01/09/09

U.S.

44.8

43.6

39.9

36.1

34.7

31.6

29.7

39.8

Regional Propane Production and Imports (Million Barrels per Day)

 

Regional Propane Production

 

 

 

 

 

Four-Week Averages

Year Ago

Week Ending

Year Ago

 

12/25/09

01/01/10

01/08/10

01/09/09

12/25/09

01/01/10

01/08/10

01/09/09

U.S.

1.029

1.011

1.027

1.006

0.998

1.076

1.039

0.994

East Coast (PADD I)

0.051

0.049

0.045

0.066

0.049

0.047

0.034

0.066

Midwest (PADD II)

0.232

0.240

0.244

0.178

0.239

0.255

0.234

0.180

Gulf Coast (PADD III)

0.664

0.670

0.682

0.632

0.661

0.716

0.707

0.620

 

Regional Propane Imports

 

 

 

 

 

Four-Week Averages

Year Ago

Week Ending

Year Ago

 

12/25/09

01/01/10

01/08/10

01/09/09

12/25/09

01/01/10

01/08/10

01/09/09

U.S.

0.189

0.195

0.183

0.205

0.234

0.167

0.139

0.160

East Coast (PADD I)

0.063

0.080

0.080

0.050

0.143

0.086

0.025

0.024

Midwest (PADD II)

0.113

0.100

0.086

0.128

0.077

0.067

0.096

0.107

Gulf Coast (PADD III)

0.003

0.003

0.003

0.010

0.000

0.000

0.000

0.000

 

Propane Demand (Million Barrels per Day)

 

Propane Demand

 

 

 

 

 

Four-Week Averages

Year Ago

Week Ending

Year Ago

 

12/25/09

01/01/10

01/08/10

01/09/09

12/25/09

01/01/10

01/08/10

01/09/09

Propane/Propylene

1.513

1.563

1.549

1.352

1.379

1.605

1.606

1.480


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