Link to the full source article

RSS feed source: US Energy Information Administration

In-depth analysis

March 13, 2025

U.S. propane exports averaged a record 1.8 million barrels per day (b/d) in 2024, the most since we began collecting this data in 1973. U.S. propane exports increased for each of the last 17 years, with growth driven by higher demand in East Asia, mainly China, and a widening propane price differential between U.S. and global benchmarks.

Propane is consumed globally in the residential and commercial sectors for uses such as space heating. It’s also used as a petrochemical feedstock to produce propylene and ethylene, key feedstocks in plastic production.

Record U.S. propane production has supported the rise in propane exports. Propane production, which is a byproduct of natural gas processing and crude oil refining, has increased rapidly over the past 10 years as U.S. natural gas output has grown. Higher

Click this link to continue reading the article on the source website.