The propane- and butanes-fueled rally pushed NGL prices to 37-month highs at both hubs during the eight-day “week” that was extended by the Thanksgiving Day holiday.

Propane found its way to a 38-month high at the Mont Belvieu, Texas, hub as it nearly averaged $1 per gallon (gal) for the first time since October 2014. The price at the Conway, Kan., hub missed 96 cents/gal by one one-hundredths of a cent, also a 38-month high.

Margins improved for all NGL at the two hubs except for Mont Belvieu C5+, which dipped slightly.