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…
Natural Gas Liquids
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.…
Got Tariff Anxiety? Look to Last Trade War for Clues
The Trump administration announced sweeping new tariffs April 2, including a 10% tariff on all imported goods plus ‘reciprocal’ tariffs…
Harmon Creek Project Lifts Northeast Ethane for Mystery Market
East Daley is monitoring several expansions in the Northeast that will increase regional ethane production. One of these, MPLX’s Harmon…
Harmon Creek Expansion to Boost Northeast Ethane Supply
Infrastructure: MPLX is building a 40 Mb/d de-ethanizer at its Harmon Creek complex in the Northeast, though the company has…
Another East Coast Terminal? Range Confirms Commitment to New Project
Range Resources has committed to 20 Mb/d of takeaway and export capacity using a new East Coast LPG terminal. East…
Rising Gas Prices Pose Risk to Northeast NGL Growth
Executive Summary: Infrastructure: Rising gas prices could exert downward pressure on Northeast NGL production. Rigs: The total US rig count…
Tariffs Pose Risk to Record LPG Exports
Executive Summary: Infrastructure: An escalating trade war with China could put some LPG exports at risk. Rigs: The total US…
Permian NGL Race Heats Up as MPLX Strikes Deal for BANGL
MPLX will acquire the remaining 55% interest in BANGL Pipeline for $715MM from WhiteWater and Diamondback Energy. The deal expands…
MPLX Acquires Rest of BANGL to Advance NGL Strategy
Infrastructure: MPLX is acquiring full ownership of BANGL for $715MM, expanding its reach from the Permian to export docks. Rigs:…