The gap between dry gas prices and natural gas liquids (NGL) prices continued to widen this week as NGL prices improved across the board at both Conway and Mont Belvieu, with one exception, while gas prices fell at both hubs.

Natural gas feedstock prices fell 14% at Conway to $1.94 per million Btu (/MMBtu) and 5% to $2.11/MMBtu at Mont Belvieu. By comparison, NGL prices hit their highest levels since the start of the year.

The lone exception to these price increases was for Mont Belvieu C5+, which dipped very ...