Wednesday, June 19, 2013
Propane Inventories Gain 1.9 MMbbl
Total U.S. inventories of propane increased 1.9 MMbbl the week ended May 31 to stand at 47 MMbbl, according to the Energy Information Administration’s (EIA) “This Week in Petroleum” report. The agency notes the nation’s stocks as of that reporting period the nation’s stocks were 10.9 MMbbl, or 18.8%, lower than during the same period a year ago.
Total U.S. inventories of propane increased 1.9 MMbbl the week ended May 31 to stand at 47 MMbbl, according to the Energy Information Administration’s (EIA) “This Week in Petroleum” report. The agency notes the nation’s stocks as of that reporting period the nation’s stocks were 10.9 MMbbl, or 18.8%, lower than during the same period a year ago.
Workdays see the chief inspector of the Nevada LP-Gas Board traveling in his service vehicle surveying LPG systems, containers, and equipment and conducting safety and training programs to fulfill the board’s mission—to protect the health, welfare, and safety of Silver State residents.
Lawn mowers and agricultural irrigation engines are great “load leveling” technologies for the propane industry because consumers and farmers use them primarily in the summer, which is the low point of the year in propane consumption.
Each week the Weekly Propane Newsletter brings its readers not only the latest posted and spot prices at all major terminals and refineries around the U.S., but a market analysis and commentary as well. Also featured is a center spread of posted prices, which includes hundreds of postings that are completely updated each week.
Air-operated hose reels on the back of propane delivery trucks are an emerging trend. Instead of an electric motor, drivers use the air from the air tanks on the truck to power an air motor to rewind the hose reel.
The timing was right as Tucker Perkins spoke to BPN on July 27 about the Freightliner Custom Chassis Corp. (FCCC) 8.0L propane bobtail project. That week, representatives from several companies involved in the project were in Colorado, putting the bobtail through performance, altitude, and load testing. A few months earlier, some of those representatives were in Minnesota, testing the vehicle’s cold weather performance.
Propane marketers have heard the news over the past year that the industry would once again have a propane-powered bobtail. Marketers will finally be able to run their bobtails on the fuel they sell.