Gulf Coast propane inventory soars
April 23, 2019 By Mark Rachal
With so much production in the Midwest relative to demand potential, producers simply do not want to hold inventory there.
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With so much production in the Midwest relative to demand potential, producers simply do not want to hold inventory there.
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The U.S. supply equation continues to be dominated by the shale gas boom. This means more associated gas production and supply in the producing basins.
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Additional NGL takeaway capacity delays in the Northeast are creating a ceiling for wet gas production and putting downward pressure on earnings for the operators in the region, East Daley Capital Advisors reports.
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The Pennsylvania Public Utility Commission authorized an emergency order to temporarily suspend pipeline activity after sinkholes developed near the pipeline in southeastern Pennsylvania.
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Sunoco Logistics Partners LP’s Mariner East 1, the first pipeline in the larger Mariner East system, now transports…
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