Propane situation update February 5, 2014 Washington, DC By Energy Information Administration U.S. Energy Information Administration Independent Statistics & Analysis www.eia.gov
NOAA forecast for below normal temperatures across much of the country through February 14; somewhat improved after 6-10 day outlook 8-14 day outlook Source: National Oceanic and Atmospheric Administration Climate Prediction…
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 7% wood kerosene/other/no…
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 Rolling (Sept 20 Nov 10) five-year 30 average…
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 5.00 4.00 The positive spread between Conway and Mont Belvieu will draw supplies…
Retail propane prices in the Midwest have risen sharply 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 last winter this winter through…
State-reported residential retail prices for states in the Midwest 1/6/14 1/13/14 1/20/14 1/27/14 2/3/14 Residential retail price (dollars per gallon, excluding taxes) Indiana 2.806 2.849 2.939 4.215 4.265 Iowa 1.960 1.997 2.584 4.709…
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 diagram 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…