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…
Natural Gas Liquids
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…
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.…