Monday, September 1, 2014
Canadian underground propane inventories rose another 38.7% in July to reach 1460.8 Mcm as of Aug. 1, the equivalent of 9.2 MMbbl, according to the National Energy Board (NEB). The nation’s stocks gained 407.6 Mcm month over month to mark a 39.8%, or 416.2 Mcm, improvement over the same period last year, the agency reports. The latest build follows a 50.5% increase in June that brought volumes to 1053.2 Mcm, or 6.6 MMbbl.