Propane market metrics: Breaking down propane inventories
February 8, 2025 By LP Gas
The U.S. was well stocked with propane heading into the 2024-25 winter heating season, according to U.S. Energy Information Administration data.
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The U.S. was well stocked with propane heading into the 2024-25 winter heating season, according to U.S. Energy Information Administration data.
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U.S. propane inventories were at the top of the five-year range spanning the winter of 2019-20 to the winter of 2023-24.
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This week, Mark Rachal, director of research and publications, parses out a discrepancy in Midwest propane inventory.
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The surge in domestic propane supply ranks among the top trends shaping the propane industry over the past 15 years.
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U.S. average expenditures for households heating primarily with propane will total about $1,190, according to the EIA’s Winter Fuels Outlook.
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Lower fuel prices more than offset the increase in the volume of energy trade between the two countries.
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With a La Niña, cold waters in the Pacific Ocean push the jet stream northward, affecting the weather in and around the United States.
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Mark Rachal, director of research and publications with Cost Management Solutions, examines why natural gas production is slowing and how it will impact propane.
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As production has increased over the past few weeks, so have propane inventories.
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U.S. propane exports averaged a record 1.9 million barrels per day in December 2023 – the highest since the EIA began collecting the data in 1973.
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