Export activity on the rise along East Coast
October 24, 2016 By Mark Rachal and Dale Delay
For the week ending Oct. 14, the Energy Information Administration (EIA) reported a 1.246-million-barrel draw in U.S. propane inventory.
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For the week ending Oct. 14, the Energy Information Administration (EIA) reported a 1.246-million-barrel draw in U.S. propane inventory.
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EIA changed its methodology for collecting data on exports, including propane, in an effort to try and make its weekly estimates more accurate.
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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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Rapid growth in propane exports drove U.S. petroleum product export growth in the first half of 2016.
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Amid extreme heat, flooding and winter storm forecasts, propane marketers assess their operations and readiness ahead of another winter.
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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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Recent industry data shows that petrochemical companies are consuming less propane.
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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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The expanded Panama Canal provides a new lane for U.S. propane to Asia.
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