Friday, September 19, 2014
Canadian underground propane inventories jumped 21.8% in August to reach 1776.8 Mcm, the equivalent of 11.2 MMbbl, as of Sept. 1, according to the National Energy Board (NEB), which noted that stocks rose 317.8 Mcm month over month. Compared to a year earlier, Canada’s propane volumes stood 25% higher and were up by 355.4 Mcm, the agency reports.