Thursday, April 2, 2015
U.S. propane stocks jumped by 2.4 MMbbl the week ended March 27 to stand at 57.4 MMbbl, according to the Energy Information Administration (EIA) in its April 1 “This Week in Petroleum” report. As of then, volumes were 30.8 MMbbl, or 115.9%, higher than a year ago. Gulf Coast supplies increased by 1.4 MMbbbl and the Midwest by 1 MMbbl. East Coast inventories fell 0.2 MMbbl, while the Rocky Mountain/West Coast region was unchanged.