The U.S. Energy Information Administration reported major propane exports increase in 2013
"Exports of propane averaged 300,000 bbl/d in 2013, a 130,000 bbl/d increase over the level in 2012. Almost half of all 2013 propane exports went to Central and South America, while exports to Europe doubled from 2012 levels to 55,000 bbl/d. In 2013, U.S. propane production increased by 110,000 bbl/d compared to 2012, while consumption grew by 90,000 bbl/d. Continued propane production growth in excess of consumption over several years filled propane inventories to 75.8 million barrels in October 2012, the highest level since 1998. Elevated inventories and increases in propane production contributed to the increase in export volumes in 2013."
(eia.gov) More U.S. Sanctions on Vladimir Putin's Inner Circle
As expected the United States Treasury Department announced that it's latest round of sanctions were against more of Vladimir Putin's closest allies.
Most notably, Igor Sechin, CEO of Rosneft, was sanctioned among total of seventeen.
Rosneft is the Russian government-owned largest oil company in the world. While the CEO was the only one targeted, this is seen as foreshadowing towards sanctioning the entire company if the Russia government continues it's involvement in destabilizing Ukraine.
(bloomberg.com)