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…
Natural Gas Liquids
ET Readies Nederland Expansion Amid LPG Market Noise
Energy Transfer’s Flexport expansion is nearing startup. Ethane service is expected later in May, propane in July, and ethylene by…
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…
What Slowdown? Permian Processing Expansions Plow Ahead at $60 Oil
Enterprise, Equity, MPLX LP, Natural Gas, Natural Gas Liquids, Oneok, Permian, Phillips 66, Targa, The Daley Note, Western Midstream Partners
Despite lower WTI prices, the rush is still on to build gas processing in the Permian Basin. Developers have used…
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…
Change to Refining Rules to Lift Butane Supply
A change to gasoline refining standards is set to increase butane supply at refiners serving the Midwest.
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.…
China Trade Fight Could Ruin Bullish Propane Outlook
The US propane market was on pace for a strong year in 2025, before a trade fight erupted between Washington…
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…