COMMENTARY Postings Climb

With a single exception, principal postings gained compared to the Friday, Aug. 29 email Update and stood a half cent to as much as 3.25 cents higher Thursday. The single move down was by a quarter cent on TEPPCO by one seller. Meanwhile, Los Angeles Basin postings all rose 3 cents between the two reporting periods.

Postings on the Dixie Pipeline at Apex, N.C. were up a half cent to 1.75 cents, shifting prices to a low of 115.58 cents and a high of 116.50 cents/gal. At Conway, Kan., postings jumped a steeper 2.25 to 3.25 cents, and prices were from 107.50 to 108.82 cents.

TEPPCO postings at Selkirk, N.Y. were either stronger by 0.75 to 1.25 cents or off a quarter cent, and prices were from 124.99 to 127.25 cents/gal. Mont Belvieu postings, which ranged from 109.25 to 111.25 cents, hardened by a penny to 3 cents from the previous Friday.

NGL Supply Wholesale LLC added a half cent at Apex; Alliance Energy Services, CHS/Cenex, and Enterprise Products a penny; Crestwood Services 1.25 cents; NGL Supply Ltd. 1.5 cents; and Martin Gas Sales 1.75 cents/gal. Targa Resources’ posting at Hattiesburg, Miss. on the Dixie gained 1 cent.

At Conway, Crestwood Services jumped 2.25 cents; Alliance Energy Services and NGL Supply Wholesale 2.5 cents; and CHS/Cenex 3.25 cents/gal. Enterprise Products’ posting at Kearney, Mo. on MAPCO also saw a 2.25-cent increase.

CHS/Cenex and Crestwood Services rose 0.75 cents at Selkirk; Enterprise Products a penny; and NGL Supply Wholesale 1.25 cents/gal. DCP/GSR shaved off a quarter cent.

At Mont Belvieu, Enterprise Products stepped up a penny; CHS/Cenex and Martin Gas Sales 1.75 cents; and Targa Resources 3 cents/gal.