Propane situation update January 31, 2014 Washington, DC By Adam Sieminski, EIA Administrator U.S. Energy Information Administration Independent Statistics & Analysis www.eia.gov
NOAA forecast for below normal temperatures across much of the country through February 7; somewhat improved after 6-10 day outlook 8-14 day outlook Source: National Oceanic and Atmospheric Administration Climate Prediction Center,…
Heating fuel market shares by region Share of homes by primary space heating fuel within each Census Region (fuels add to 100%) Midwest Northeast West natural gas electricity heating oil propane wood kerosene/other/no heating…
Regional share of all U.S. households by primary heating fuel Share of homes by primary space heating fuel across Census Regions (regions add to 100%) propane heating oil natural gas Northeast 14% Northeast 81% Northeast 20%…
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 (Sept 20 Nov 10) 30 Rolling five-year average 25…
Conway (KS) prices now at a premium over Mt. Belvieu (TX) propane spot prices dollars per gallon 5.00 The positive spread between Conway and 4.00 Mont Belvieu will draw supplies northward into areas most impacted by cold weather 3.00…
Retail propane prices in the Midwest have risen sharply dollars per gallon 6.00 5.00 Retail propane prices rose PADD 1 Heating Oil dramatically 4.00 over the past two weeks, by PADD 2 Heating Oil 0.35 per gallon in the East 3.00…
State-reported residential retail prices for states in the Midwest 1/6/14 1/13/14 1/20/14 1/27/14 Residential retail price (dollars per gallon, excluding taxes) Indiana 2.806 2.849 2.939 4.215 Iowa 1.960 1.997 2.584 4.709 Kentucky 2.517…
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 has grown by 600…
Winter 2013 propane supply disruptions Adam Sieminski, Administrator U.S. Energy Information Administration 11
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…