Frac Spread: Too High, Too Fast?

Oct 11 18:10 2018 Print This Article

Stronger natural gas prices and slipping NGL prices cut into NGL margins at both the Mont Belvieu, Texas and Conway, Kan., hubs last week, even as the Mont Belvieu hypothetical barrel remained above $40 for the first time in over four years.

This is not your father’s commodities environment. This is not even your own commodities environment from last year.

Crude oil traders are bullish, despite higher inventories and an easing of prices that typically takes place this time of year following the summer driving season, said EnVantage Inc. in a report. But the global markets are roiling because the globe is roiling.

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Oil and Gas Investor

OilandGasInvestor.com is your complete source for information about the financial world of oil and gas. An interactive, searchable version of Hart Energy Publishing's Oil and Gas Investor Magazine, this site also provides online content from OGI This Week and A&D Watch. In addition to providing daily analysis of trends and industry events, their editors interpret the news to highlight opportunities for investors. Since 1973, the company has been recognized for its expert coverage of the global energy industry through its highly respected, award-winning magazines, newsletters and directories, conferences, consulting services and online resources. With representation in the upstream, midstream, and downstream sector, Hart Energy takes the lead in providing original and timely data through its numerous products and services.

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