COMMENTARY Postings Up Again

Principal postings continued their rise over the week, and by Thursday prices had climbed a minimum of a quarter cent to as much as 2.5 cents compared to the Monday email Update. A single seller’s Dixie Pipeline postings were unchanged from Monday.

Most postings on the Dixie at Apex, N.C. were a penny to 2.25 cents higher, shifting prices to a low of 118.75 cents and a high of 120.00 cents/gal. At Conway, Kan., postings gained a quarter cent to 1.25 cents, and prices were from 109.76 to 110.75 cents.

TEPPCO postings at Selkirk, N.Y. strengthened by a penny to 2.5 cents, and Thursday saw prices from 130.75 to 131.17 cents/gal. Mont Belvieu postings, which ranged from 113.75 to 115.25 cents, jumped 1.5 to 2 cents between the two reporting periods.

Martin Gas Sales added a penny at Apex; Alliance Energy Services and Enterprise Products 1.5 cents; Crestwood Services 1.75 cents; CHS/Cenex 2 cents; and NGL Supply Wholesale LLC 2.25 cents/gal. NGL Supply Ltd. did not change. Targa Resources’ posting at Hattiesburg, Miss. on the Dixie rose 2 cents.

At Conway, CHS/Cenex and Crestwood Services each gained a quarter cent; Alliance Energy Services a half cent; and NGL Supply Wholesale 1.25 cents/gal. Enterprise Products’ Kearney, Mo. posting on MAPCO climbed 1.5 cents.

CHS/Cenex jumped a penny at Selkirk; Enterprise Products 1.75 cents; DCP/GSR 2 cents; Crestwood Services 2.25 cents; and NGL Supply Wholesale 2.5 cents/gal.

At Mont Belvieu, Martin Gas Sales’ posting was 1.5 cents higher; Enterprise Products 1.75 cents; and CHS/Cenex and Targa Resources 2 cents/gal.