Winter fuels report, week ending October 20, 1995

摘要

Weekly estimates of distillate stocks (131.6 MMB) are now 2.1 MMB below the lower bound of the three year average, and the current rate of increase is also lower than the average of the past three years. Heating fuels are 48% of the total inventory and have fallen 1.3 MMB during the past week. Distillate production dipped while demand increased. The supply of propane for the current week declined 1.5 MMB from the prior reporting period but is in the normal range for the time of the year. The natural gas supply available for distribution in August 1995 was estimated to be 1,795 BCF, which was almost unchanged from the previous year. The August 1995 consumption of 1,502 BCF was 6% greater than the previous year. This gas volume included 276 BCF injected into underground storage and 16 BCF exported. In July 1995, major gas pipeline companies paid an average of $1.91/KCF for gas purchased from domestic producers, which was a decrease from $2.03 in the previous month. The price for imported gas was $1.10/KCF. Heating oil prices showed little movement during this period, as did propane prices.