Slide 7 of 15
Notes:
The chart provides a picture of propane production over the past three years and five-year average. Total propane production in the first four months of this year is almost 100 thousand barrels higher compared to same period last year.
Note though, the level of propane production remains relatively inelastic to short-term changes in price and demand. This is due to its by-product status at gas plants and at refineries.
