High energy prices: good or bad for NGLs?

摘要

Monthly average prices for crude oil have increased by a factor of five in less than 5 years since the end of 2003 and have nearly tripled in only the last 18 months. Global prices for propane and butane have also increased during this period, but at a noticeably slower pace.Thus, LPG has become relatively cheap during this rapid run-up in energy prices.