U.S. PROPANE INVENTORIES AT LOW LEVEL

Late August propane stocks in the U.S. slid to their lowest levels since 1972, raising Department of Energy concerns about winter supplies. DOE's Energy Information Administration said the 51.4 million bbl in late August inventories were 3 million bbl below the same month last year and 9 million bbl below the August 1989 level. Propane stocks traditionally are built in late summer and early fall. East Coast and Midwest propane stocks were near the average range of the last 3 years.