Midwest propane inventory levels higher than five-year average
Midwest propane inventory levels had been lower than the previous five-year average for much of 2018, but in recent weeks additions to inventories increased Midwest propane inventories to levels higher than the previous five-year average, according to the U.S. Energy Information Administration (EIA).
For the week ending Oct. 19, propane inventory levels in the Midwest were 27.8 million barrels, 792,000 barrels higher than the previous five-year average, EIA reports. The region accounts for about 21 percent of propane consumption in the U.S. and typically holds about 30 percent of the national inventory. It also has the highest percentage of homes heated by propane.