Natural Gas Liquids

21Aug2023

Barrels Wanted: $7.1B Crestwood Acquisition May Boost ET’s Downstream Volumes

Crestwood, Crude, Energy Transfer, Equitrans Midstream, Natural Gas Liquids, Oneok, Powder River, Targa, The Daley Note

Energy Transfer’s $7.1B acquisition of Crestwood Equity (CEQP) gives ET reach in new basins and could lift volumes on several…

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2Aug2023

EIA NGL PRODUCTION Flat M-o-M, +8% Y-o-Y

Natural Gas Liquids

EIA NGL production was essentially unchanged M-o-M for May, as rig counts dropped off across most basins. However, production remains…

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2Aug2023

Pent-Up Travel Demand? Taking a Closer Look at ET’s Nederland NGL Export Expansion

Energy Transfer, Equity, Natural Gas Liquids, The Daley Note

Energy Transfer (ET) announced last quarter that it is expanding its NGL export capacity at its Nederland terminal, positioning itself…

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31Jul2023

It’s Getting Hot in Here: Ethane Prices Surged to Nearly $0.40/gal

Natural Gas Liquids, The Daley Note

Ethane prices hit $0.39/gal on July 17 as persistent heat waves in Texas may be impacting production while demand reached…

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12Jul2023

Enterprise Permits New NGL Pipeline Out of Permian

Enterprise, Natural Gas Liquids, The Daley Note

Enterprise Products (EPD) has permitted a new NGL pipeline out of the Permian Basin that appears to follow the same…

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6Jul2023

EIA NGL PRODUCTION STAYS FLAT 3%

Natural Gas Liquids

EIA NGL production increased by 161 Mb/d M-o-M, growing 3% for the second straight month. Compared to last year, total…

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29Jun2023

Enbridge Line 5 Faces New Legal Drama

Crude, Enbridge, Natural Gas Liquids, The Daley Note

A federal judge has ruled in favor of a complaint by a Chippewa tribe and ordered Enbridge’s (ENB) Line 5…

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28Jun2023

Targa in Catbird Seat as Ethane Volumes Rise

Natural Gas Liquids, Permian, Targa, The Daley Note

Targa Resources (TRGP) is likely to benefit from growing ethane recovery in the Permian Basin, according to East Daley Analytics…

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27Jun2023

What’s Behind Recent Permian Price Strength?

Natural Gas, Natural Gas Liquids, Permian, The Daley Note

Permian Basin natural gas prices have been more resilient than many had expected in 2023. East Daley review the possible…

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12Jun2023

Pipelines File for Record Rate Hikes

Crude, Magellan, Natural Gas Liquids, The Daley Note

Operators of liquids pipelines have started filing updated rates with federal regulators, in many cases rolling a record 13.3% rate…

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