Western Canada’s propane inventories at the end of April (red circle in left hand chart below) were posted at 2.6 MMbbl, with a seasonally average increase of 0.8 MMbbl versus March and stand 0.9 MMbbl (-27%) below the five-year average (blue line) according to data from the Canada Energy Regulator (CER). Weather in Western Canada during the month was warmer than the 10- and 30-year averages by around 13% and 11%, respectively, with stock levels also influenced by rail and pipeline shipments from the region to other parts of North America. Inventories are still recovering from strong drawdowns during January and February when colder-than-average temperatures affected most of North America.
Featured Articles
- Analyst Insight
Canadian LPG Stocks – Propane Inventories Still Tight; Butane Remains Plentiful
Canadian propane stocks are still seasonally low while butane stocks are the opposite and well above average for this time of year.
- Analyst Insight
Canadian LPG Stocks – February’s Cold Blast Drains Propane Inventories; West Butane Looking Tight
February's cold further drained already lower-than-average of propane stocks across Canada; western butane stocks are still tight despite a smaller-than-average withdrawal in the month.
- Analyst Insight
Canadian LPG Stocks - Propane Stocks Below Average, Western Butane Stocks Still Very Tight
Propane stocks are still tight across Canada, while western butane inventories are still well below average.
