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Record Output Hits 3 Million BPD: US Propane Production Soars, Inventory Highs Expected

By Bill StompPropane Insider1 min read
Record Output Hits 3 Million BPD: US Propane Production Soars, Inventory Highs Expected
The U.S. is now producing over 3 million barrels per day (bpd) of propane/propylene, per EIA weekly net-production data, a significant increase that has led to record-high inventories. This surge in supply, driven by robust natural gas processing, suggests a disconnect between raw production volumes and recent price fluctuations, indicating that while supply is abundant, market forces beyond fundamental supply-demand may be influencing prices.