Propane situation update April 22, 2014 Washington, DC By Adam Sieminski, EIA Administrator U.S. Energy Information Administration Independent Statistics & Analysis www.eia.gov
Many Midwest and Eastern states had much below average winter temperatures Source: National Oceanic and Atmospheric Administration U.S. Energy Information Administration 2
Natural gas and electricity are the major heating fuels for most of the United States Share of homes by primary space heating fuel within each Census Region (fuels add to 100%) Midwest Northeast West natural gas electricity heating…
Of all homes heated by propane, 36% are in the Midwest Location of homes by primary space heating fuel across Census Regions (regions add to 100%) propane heating oil 5.5 million homes 6.7 million homes Midwest West Northeast 14%…
Propane share of space heating demand by key regions and states Propane-Heated Share of Propane-Heated Share of State Homes Total Homes State Homes Total Homes Michigan 320,522 8% New York 237,738 3% Wisconsin 245,071 11% Pennsylvania…
PADD 2 (Midwest) propane inventories have trended lower on strong crop drying and extremely cold temperatures PADD 2 propane inventories million barrels 35 Typical corn harvest dates Rolling (Sept 20 Nov 10) five-year average 30…
PADD 2 (Midwest) propane inventories remain below the 5-year average, but gap is narrowing PADD 2 propane inventories, difference from 5-year average million barrels 10 8 6 4 2 0 -2 inventory level (difference from 5-year…
Conway (KS) price premium over Mt. Belvieu (TX) grew rapidly in late January, but has since narrowed propane and propylene spot prices dollars per gallon U.S. Energy Information Administration 8
Retail propane prices in the Midwest, which rose sharply in late January, have moved lower dollars per gallon 6.00 5.00 PADD 1 Heating Oil 4.00 PADD 2 Heating Oil 3.00 PADD 1 Propane 2.00 PADD 2 Propane 1.00 winter 2011-2012…
State-reported residential retail prices for states in the East Coast 1/27/14 2/3/14 2/10/14 2/17/14 2/24/14 3/3/14 3/10/14 3/17/14 Residential retail propane price (dollars per gallon, excluding taxes) Connecticut 3.653 3.792 3.918…
State-reported residential retail prices for states in the Midwest 1/27/14 2/3/14 2/10/14 2/17/14 2/24/14 3/3/14 3/10/14 3/17/14 Residential retail propane price (dollars per gallon, excluding taxes) Indiana 4.215 4.265 4.043 3.753…
U.S. propane production and trade trends U.S. propane and propylene production, imports, and exports thousand barrels per day 1,600 production 1,400 1,200 1,000 800 Since January 2011, production and exports have grown by 600…
Winter 2013 propane supply diagram U.S. Energy Information Administration 13
For more information U.S. Energy Information Administration home page www.eia.gov Short-Term Energy Outlook www.eia.gov/steo Annual Energy Outlook www.eia.gov/aeo International Energy Outlook www.eia.gov/ieo Monthly Energy Review…
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