While our collective focus may be on the earliest Opening Day (March 29) in Major League Baseball history, it might be time to start thinking about the World Series.
Granted, they haven’t played the games yet, but the Fall Classic is penciled in to start on Oct. 23 and by then propane inventories could be tight. That’s because the Mariner East 2 NGL pipeline is expected to be operational by then—third quarter, most likely—and En*Vantage predicts that the market will start to worry about sufficient propane supplies for the winter.
“There will likely be a repeat of last year’s cycle where propane prices relative to crude will be highest in the summer and fall months and lowest in the winter and spring months,” En*Vantage said. Click here to read more.