The EIA reported total U.S. propane/propylene inventories had a withdrawal of 3.7 MMbbl for the week ended February 21, which was on par with industry expectations and more than the average draw for the week of 2.2 MMbbl. Total U.S. propane stocks are now at 51.5 MMbbl, which is 365 Mbbl, or 1%, above the same week in 2024 but 16 MMbbl, or 24%, below the 5-year maximum. Inventories are 564 Mbbl, or 1%, below the 5-year average.
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- Analyst Insight
Total Propane Inventories Down with PADD 1 Stocks Below 5-Year Minimum
PADD 1 propane inventories fall 24% below the 5-year minimum, raising concerns about supply constraints if cold weather persists.
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PADD 1 Propane Draw Bucks Seasonal Norms
Summer propane draw in PADD 1? Yep, that just happened.
U.S. build came in light, and the East Coast is dipping into stocks early.
Winter’s already giving us side-eye.
- Analyst Insight
PADD 1 Inventories Drop in Unseasonal Propane Draw
Mid-July propane draw in PADD 1? Not exactly what you'd expect this time of year.