COMMENTARY: Postings Up, Down

News
Principal postings were both higher and lower Thursday, Feb. 12, showing mixed results on the Dixie Pipeline and on TEPPCO while Midwest prices universally gained and Mont Belvieu declined. Increases were in a range of a half cent to as much as 7 cents, and discounts were from a quarter cent to 2 cents compared to the Monday email Update.

Postings on the Dixie at Apex, N.C. were a half cent to 1.25 cents lower or, in the case of one seller, up 2 cents, and prices shifted to a low of 66.25 cents and a high of 68.50 cents/gal. Conway, Kan. postings jumped 0.5 to 1.25 cents from Monday, and prices were from 55.00 to 56.07 cents.

TEPPCO postings at Selkirk, N.Y. climbed a half cent to 7 cents or dipped a half cent between the two reporting periods, and prices were from 82.12 to 89.30 cents/gal. Mont Belvieu postings, which ranged from 62.75 to 73.00 cents, gave up a quarter cent to 2 cents.

Crestwood Services shaved off a half cent at Apex; Alliance Energy Services, CHS/Cenex, and Enterprise Products 0.75 cents; NGL Supply Wholesale LLC a penny; and Martin Gas Sales 1.25 cents/gal. NGL Supply Ltd. added 2 cents.

At Conway, Alliance Energy Services, Crestwood Services, and NGL Supply Wholesale all rose 0.5 cents, while CHS/Cenex hardened by 1.5 cents/gal. Enterprise Products’ Kearney, Mo. posting was also up 1.5 cents.

CHS/Cenex was a half cent stronger at Selkirk; NGL Supply Wholesale 2 cents; and Enterprise Products 7 cents/gal. Crestwood Services slipped 0.5 cents, and DCP/GSR a penny.

At Mont Belvieu, CHS/Cenex and Enterprise Products lost a quarter cent; Martin Gas Sales a penny; and Targa Resources 2 cents/gal.

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