Higher projected U.S. household winter propane expenditures compared to last year and soaring U.S. propane inventory highlight the U.S. Energy Information Administration’s (EIA) annual Winter Fuels Outlook, released Thursday, Oct. 13.
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This past week, the U.S. Energy Information Administration (EIA) reported U.S. propane inventory increased 1.963 million barrels.
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Data from the National Energy Board of Canada shows inventory has moved slightly above the five-year average and is nearing where it was at this time last year.
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The reduction in export activity from the Gulf Coast is showing up in inventory levels, reports Cost Management Solutions.
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Current inventory stands in stark contrast to the way it was trending at the beginning of the year, reports Cost Management Solutions.
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This past week, the Energy Information Administration surprised propane markets by reporting just a 78,000-barrel increase in U.S. propane inventory.
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Propane prices in the United States have fallen into a downtrend since the middle of May, reports Cost Management Solutions in the June 6 issue of Trader’s Corner.
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For several weeks, the Energy information Administration has reported above-average inventory builds. However, the builds have not been…
Read More From Jan. 15 through Jan. 29, U.S. propane inventories fell 11.857 million barrels. On average over the…
Read More As the core winter season approaches, propane inventory levels in Canada are slightly below average. The Canadian inventory…
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