US Propane Production Surges Past 3 Million BPD Amidst Elevated Inventories and Rising Prices
By Bill StompPropane Insider1 min read
The U.S. propane market is facing a puzzling paradox: record propane/propylene production exceeding 3 million barrels per day (bpd), per EIA weekly data, and high inventories, yet prices are climbing. This disconnect, highlighted by LP Gas Magazine and RBN Energy, points to a complex interplay between robust supply, steady exports, and the broader energy market, often overshadowing fundamental domestic propane supply/demand dynamics.