• NGL Margins Took Downturn In Early Spring

  
  
  However, natural gas prices were able to grow in the month as there was sufficient cooling demand in the early part of April to help prices trend up.
  - May. 17 2013
  
• 

  NGL Prices Approaching Parity

  
  
  Mont Belvieu and Conway NGL prices continued to approach parity in several cases the third week of May.
  - May. 17 2013
  

• Shoulder Season Causes Natural Gas, NGL Prices To Dip

  
  
  Energy commodity prices dipped this week as consumer demand remains down during the shoulder season. Natural gas prices experienced very large price decreases with NGL prices falling at a slower rate at both hubs the first week of May.
  - May. 10 2013
  

• Gas Price Increases Causing Coal Displacement

  
  
  Natural gas liquids (NGL) prices were up across the board at both hubs the final week of April. These increases improved frac spread margins at both Conway and Mont Belvieu.
  - May. 3 2013
  

• Gas Prices Remain Over $4; Rig Count Remains Flat

  
  
  Natural gas prices continued to grow the week of April 17 as cooling demand remained solid and gas-directed drilling is still well behind liquids production.
  - Apr. 26 2013
  

• Ethane Prices Drop At Both Hubs

  
  
  The improved prices for natural gas liquids (NGL) experienced throughout much of early 2013 provided producers and operators with an incentive to increase production, which has started to overwhelm the market once again.
  - Apr. 19 2013
  

• Winter Erased Storage Overhang

  
  
  The month of March was very good for natural gas producers, public utilities and pipeline operators, but it saw a downturn in heavy natural gas liquid (NGL) prices
  - Apr. 19 2013
  

• Gas Prices Remain Solid As Cooling Demand Replaces Heating Demand

  
  
  In the early part of spring, many Northeast residents went from heating their homes to cooling them at a similar usage level.
  - Apr. 12 2013
  

• Natural Gas Storage Levels Fall Below Five-Year Average

  
  
  The winter of 2012-2013 arrived late, but had a long-lasting effect as high heating demand has helped support propane and natural gas prices and drive storage levels below the five-year average for the first time in several years.
  - Apr. 4 2013
  

• Light NGLs Continue To Outperform Heavy Counterparts

  
  
  Light natural gas liquids (NGL) prices continued to gain strength as the spring approaches with supply-and-demand levels reaching equilibrium thanks to heating demand, increased fractionation and liquefied petroleum gas (LPG) export capacity.
  - Mar. 28 2013
  
• 

  Heating Demand Driving Natural Gas, Propane Prices Up

  
  
  Colder-than-normal temperatures in the Northeast and Midwest continued to support natural gas and propane prices the week of March 13, as heating demand remained very high.
  - Mar. 25 2013
  

• NGL Margins Moved Down In February

  
  
  After showing improvements in January, natural gas liquids (NGL) frac spread margins took a downturn in February despite NGL prices holding firm in the month.
  - Mar. 22 2013
  
• 

  Propane Prices, Margins Improve As Export Capacity Increases

  
  
  While these improvements are slow, they are reflective of the storage overhang slowly being worked off.
  - Mar. 15 2013
  
• 

  Ethane Supply-Demand Levels Reaching Parity

  
  
  The reason for this change is that ethane rejection through much of the second-half of 2012 and early 2013 are having a positive effect at bringing supplies to meet demand levels.
  - Mar. 8 2013
  

• Heavy NGL Prices Follow Crude Prices Downward

  
  
  Light natural gas liquid (NGL) prices showed improvements the week of February 20, but the overall NGL barrel (bbl.) price decreased as crude prices have turned bearish the last few weeks.
  - Mar. 1 2013
  

Frac Spread Sample Data: Login Or Subscribe To See Current Prices

Aug 14, 2011
Ethane	55.52		82.33
Shrink	27.85		28.18
Margin	27.67	1.78%	54.15	5.59%
Propane	143.92		155.66
Shrink	38.47		38.93
Margin	105.45	1.45%	116.73	3.56%
Normal Butane	168.84		193.08
Shrink	43.55		44.07
Margin	125.29	0.07%	149.01	3.51%
Isobutane	196.00		210.25
Shrink	41.83		42.33
Margin	154.17	-1.69%	167.92	0.61%
Pentane+	222.23		245.92
Shrink	46.58		47.13
Margin	175.65	-1.78%	198.79	-0.63%
NGL ($/Bbl)	55.41	-0.71%	63.64	1.03%
Shrink	15.34		15.53
Margin	40.07	-0.08%	48.11	2.39%
Gas ($/mmBtu)	4.20	-2.33%	4.25	-2.97%
Gross Bbl Margin (in cents/gal)	92.34	0.05%	112.41	2.53%
NGL Value in $/mmBtu
Ethane	3.06	-0.32%	4.53	2.50%
Propane	5.00	0.41%	5.40	1.85%
Normal Butane	1.82	-0.56%	2.09	1.93%
Iso-Butane	1.22	-1.82%	1.31	-0.13%
Pentane+	2.87	-1.89%	3.17	-1.09%
Total Bbl Val.	13.96	-0.55%	16.50	1.30%
Margin	9.76	0.23%	12.25	2.87%