November Ethane Frac Spread Margins Post Huge Gains

摘要

Frac spread margins for month of November improved across the board at both hubs as natural gas liquid (NGL) prices increased and natural gas feedstock prices rose at a slower pace. The biggest improvement in margin in the month was for ethane, which rose 66% at Conway and 56% at Mont Belvieu, followed by butane at 19% at Conway and 12% at Mont Belvieu.