October 13, 2022 – Energy Intelligence
EIA: Winter Will Be Cold, Fuel Expensive
By Energy Intelligence Group
The inventory situation for propane is considerably healthier, panelists noted, with stocks roughly in line with the 5–year average. The EIA expects propane expenditures to be 5% higher this winter than last. However, some panelists said that while inventories look healthy, logistics present a major hurdle.
“Given the shortage of crews with the railroads, the extended delivery time … and the difficulty in finding truck drovers for long-haul propane carriers, we are preparing for the worst this winter,” said Rusty Braziel of RBN Energy, citing a propane market source.
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