Propane is soaring
Posted: Fri Sep 03, 2021 7:23 am
On September 2, the propane to WTI ratio rose to 72% as the price of propane increased and traded as high as 120 c/gal. The ratio is slightly below the 5-year maximum and more than 20% higher than last year this time.
Meanwhile, the governor of Michigan is trying to shut down a pipeline that brings propane from Canada into Michigan and the Midwest.
You can’t make this stuff up.
From an investment standpoint, higher NGL liquids helps Antero Resources AR
Meanwhile, the governor of Michigan is trying to shut down a pipeline that brings propane from Canada into Michigan and the Midwest.
You can’t make this stuff up.
From an investment standpoint, higher NGL liquids helps Antero Resources AR