Western Canada’s propane inventories at the end of January (red circle in left hand chart below) were posted at 3.2 MMbbl, with a larger than average decline of 1.5 MMbbl versus December and stand 0.7 MMbbl (-17%) below the five-year average (blue line) according to data from the Canada Energy Regulator (CER). Weather in Western Canada was much warmer than the historical average during the month, but stock levels can also be heavily influenced by the magnitude of rail and pipeline shipments from the region, which likely increased to meet stronger demand elsewhere in North America.
Featured Articles
- 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 in Seasonal Range, Western Butane Stocks Still Very Tight
Seasonal declines for this time of year for both propane and butane but butane stocks in the West remains tight.
- Analyst Insight
Canadian LPG Stocks – Propane Inventories Still Tight; Butane Seasonally Plentiful
Canada's propane stocks remain very tight in both halves of the nation; butane stocks, on the other hand are plentiful for this time of year.
