EIA’s monthly hydrocarbon gas liquids storage data now includes end-user storage

Yesterday’s release of EIA’s March 2022 Petroleum Supply Monthly now reports inventories of hydrocarbon gas liquids (HGL) that include volumes of ethane, propane, normal butane, isobutane, and natural gasoline at end-user storage facilities as part of our reported wholesale terminal stocks. Starting in January 2021, we expanded the scope of our Monthly Bulk Terminal Report to include HGLs held by selected end users with at least 50,000 barrels of storage capacity and by smaller facilities that can ship products by pipeline, tanker, or barge. This more comprehensive approach to inventory accounting also affects our estimate of product supplied, which we use as a proxy for consumption of petroleum products. Revisions that increase inventory builds will tend to lower our estimate of product supplied and vice versa.
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