propane

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Fraser921
Posts: 3240
Joined: Mon Mar 22, 2021 11:48 am

propane

Post by Fraser921 »

https://rbnenergy.com/skyrockets-in-fli ... -territory

The price of propane skyrocketed up to 112 c/gal before the holiday weekend and held at that level through Tuesday, an increase of about 21 c/gal or 23% over the past month alone. To put that in perspective, that’s the highest price for propane since April 2014, back when crude oil was over $100/bbl.
dan_s
Posts: 37343
Joined: Fri Apr 23, 2010 8:22 am

Re: propane

Post by dan_s »

Thanks for your posts on NGL prices. Forecasting NGL prices is the most difficult for me since regional prices, production mix and marketing agreements are different for each company. AR, EQT and RRC should all be getting a revenue boost from the very tight NGL market. I've heard that ethane prices are also moving higher.

All of you should attend the AEGIS webinar on July 14. If you need the registration link, send an email to Sabrina at energyprospectus@gmail.com
Dan Steffens
Energy Prospectus Group
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