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January 06, 2011
Volume: 29
Issue: 1

Propane Stock Levels Ran High for Much of the Year

Outside of the first two months of 2010, propane monthly stock levels were above their 2009 counterparts from March to September with the widest gap in July, and the gap narrowing in late summer and early fall, according to the U.S. Energy Information Administration (EIA).

Although stock levels from April 2010 to September 2010 rose 26% from 1.8 million barrels (bbls) to 2.2 million bbls, the stock level from July 2010 to September 2010 fell 17% from 2.7 million bbls to 2.2 million bbls. The September 2010 stock level was 9% greater than the September 2009 level of 2 million bbls.

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