Plains Deal Transforms Keyera into NGL Powerhouse
Executive Summary: Infrastructure: Keyera becomes an NGL powerhouse after acquiring Plains All American’s (PAA) Canadian assets. Exports: LPG exports surged…
Fire at Monaca Plant Makes Waves in Northeast Ethane
Executive Summary: Infrastructure: US NGL infrastructure has quietly transitioned from tight to overbuilt. Rigs: The total US rig count decreased…
EPD Denied Export License for Three Ethane Cargoes
Executive Summary: Infrastructure: US NGL infrastructure has quietly transitioned from tight to overbuilt. Rigs: The total US rig count decreased…
Industry Risks NGL Overbuild as Supply Growth Slows
Executive Summary: Infrastructure: US NGL infrastructure has quietly transitioned from tight to overbuilt. Rigs: The total US rig count decreased…
Mont Belvieu Propane Prices Jump on Tariff Volatility
Executive Summary: Markets: Mont Belvieu and Conway propane prices diverged from late February to April on tariff-related volatility. Rigs: The…
ET Readies Flexport Expansion in Noisy Export Market
Executive Summary: Infrastructure: Energy Transfer’s (ET) 250 Mb/d Flexport expansion at its Nederland terminal is nearing startup. Rigs: The total…
Repauno Port Challenges ET’s Dominance in Northeast
Executive Summary: Infrastructure: The emergence of the Repauno Port & Rail Terminal marks a pivotal shift in the Northeast LPG…
Too Much Propane? How Canada’s Gas Windfall Is Headed South
Executive Summary: Infrastructure: A massive reserve revision is shaping the Canadian propane narrative, and the effects are already crossing the…
Permian or Bust: Why the 2025 NGL Growth Story Just Got Narrower
Executive Summary: Infrastructure: East Daley’s latest 2025 NGL Purity Product Forecast trims expected growth by 68 Mb/d compared to March.…
New Refining Rule to Lift Butane Production
Executive Summary: Infrastructure: A change to gasoline refining standards is set to increase US butane production. Rigs: The US rig…
Tariff Battle Poses Risk to ’25 Propane Outlook
Executive Summary: Infrastructure: An escalating trade fight with China creates risk to a relatively strong outlook for propane in 2025 following…
Negative Waha Prices Set to Lift Ethane Recovery
Executive Summary: Infrastructure: Waha natural gas prices have turned negative, setting up the ethane market for increased supply this spring.…