Propane Exports Jump 14.7% in July

Propane exports from the U.S. in July totaled 13,374,165 bbl, coming in 14.7%, or 1,710,205 bbl, higher than June’s 11,663,960 bbl, reports the U.S. Department of Commerce (DOC). Meanwhile, propane imports also rose, climbing 8.6%, or 225,244 bbl, month over month to reach 2,850,675 bbl, according to the agency.

In a year-over-year comparison, propane exports jumped a significant 59% from July 2013, with an additional 4,965,261 bbl leaving U.S. shores. The year-ago total was 8,408,904 bbl. Imports showed a slim 1% improvement from last year, adding 29,177 bbl.
Butane exports also headed higher in July, and bested June’s total by 25.6%, or 662,386 bbl, to end the month at 3,249,282 bbl. However, butane imports, at 367,463 bbl, were down 8.9%, or 36,026 bbl, compared to the previous month. Compared to a year ago, current butane exports were a whopping 118.3%, or 1,761,099 bbl higher, while imports gained 144,910 bbl to mark a solid 65.1% improvement.