SRF - Escalating Ethane Prices And The Implications For MLPs And Midstream
By Stacey Morris
When you think of a commodity gaining over 60% in a matter of eight weeks, the story may read more like that of an agricultural product being plagued by some exotic beetle. In Texas, we were well aware of the price spike in limes in 2014 and the consequences for Texas staples like guacamole and margaritas. This time, the dramatic gain doesn't relate to an agricultural product, but to ethane - a natural gas liquid ((NGL)).
Today, we shift our attention to NGLs and, specifically, ethane. We look at the drivers behind