The OilSpot News by DTN
Monday, February 8, 2010 VOLUME 8 ISSUE 389  

FRONT PAGE
Propane Stockpiles Down 2.9 Million Bbl


Domestic propane stockpiles dropped 2.9 million bbl or 8.6 percent to 33.9 million bbl for the week-ended Jan. 29, according to the Energy Information Administration.

 

The drawdown expanded the year over year supply deficit to 12.6 million bbl or 27.1 percent below the year-ago level.

 

Regionally, propane in the PADD 1 East Coast region declined 400,000 bbl or 14.3 percent at 2.8 million bbl, while stocks in the PADD 2 Midwest region dropped 1.5 million bbl to 13.4 million bbl. Propane stocks in PADD 3 at the Gulf Coast dropped 800,000 bbl to 16.7 million bbl. For PADDs 4 and 5, which include the Rocky Mountain and West Coast regions, propane stocks declined 300,000 bbl to 900,000 bbl for the week reviewed.

 

Propane Stocks (Million Barrels) and Days of Supply

Propane Stocks

more data

 

Most Recent

Year Ago

 

12/18/09

12/25/09

01/01/10

01/08/10

01/15/10

01/22/10

01/29/10

01/30/09

U.S.

53.996

52.469

49.441

45.947

41.138

36.813

33.855

44.574

East Coast (PADD I)

4.874

5.013

4.685

4.003

3.141

3.221

2.756

2.303

   New England (PADD IA)

0.406

0.869

0.618

0.340

0.445

0.601

0.365

0.313

   Central Atlantic (PADD IB)

2.573

2.280

2.125

1.920

1.517

1.375

1.259

0.797

   Lower Atlantic (PADD IC)

1.895

1.864

1.942

1.743

1.179

1.245

1.132

1.193

Midwest (PADD II)

21.230

20.706

19.368

18.365

16.482

14.889

13.432

13.152

Gulf Coast (PADD III)

25.952

24.870

23.852

22.118

20.083

17.545

16.735

27.691

Rocky Mtn & West Coast (PADD IV & V)

1.940

1.880

1.536

1.461

1.432

1.158

0.932

1.428

Nonfuel Use

2.680

3.085

3.194

3.493

3.434

3.102

2.898

3.563

Days of Supply (number of days)

more data

 

Most Recent

Year Ago

 

12/18/09

12/25/09

01/01/10

01/08/10

01/15/10

01/22/10

01/29/10

01/30/09

U.S.

36.1

34.7

31.6

29.7

25.8

22.0

20.7

26.9

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

 

01/15/10

01/22/10

01/29/10

01/30/09

01/15/10

01/22/10

01/29/10

01/30/09

U.S.

1.017

1.015

1.000

1.051

0.956

0.990

1.013

1.061

East Coast (PADD I)

0.039

0.036

0.035

0.068

0.024

0.038

0.044

0.069

Midwest (PADD II)

0.246

0.247

0.245

0.184

0.256

0.243

0.248

0.190

Gulf Coast (PADD III)

0.676

0.676

0.665

0.618

0.621

0.658

0.672

0.614

Regional Propane Imports

more data

 

Four-Week Averages

Year Ago

Week Ending

Year Ago

 

01/15/10

01/22/10

01/29/10

01/30/09

01/15/10

01/22/10

01/29/10

01/30/09

U.S.

0.197

0.180

0.169

0.232

0.248

0.166

0.121

0.255

East Coast (PADD I)

0.100

0.083

0.069

0.067

0.145

0.076

0.030

0.082

Midwest (PADD II)

0.079

0.079

0.080

0.124

0.077

0.075

0.073

0.123

Gulf Coast (PADD III)

0.002

0.002

0.002

0.000

0.006

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

 

01/15/10

01/22/10

01/29/10

01/30/09

01/15/10

01/22/10

01/29/10

01/30/09

Propane/Propylene

1.596

1.671

1.634

1.659

1.794

1.677

1.460

1.688

 


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