COMMENTARY Postings Gain

Reversing a weeks-long pattern, most principal postings were on the rise Thursday and climbed a half cent to as much as 4.5 cents compared to the Monday email Update. Exceptions included a single seller holding firm at Mont Belvieu, while in the West some Los Angeles postings gave up 1 to 2 cents.

Postings on the Dixie Pipeline at Apex, N.C. were up a half cent to 2.5 cents, shifting prices to a low of 98.29 cents and a high of 100.75 cents/gal. At Conway, Kan., postings jumped 2 to 3 cents, and postings were from 96.00 to 99.01 cents.

TEPPCO postings at Selkirk, N.Y. gained the odd 2.11 cents to that high of 4.5 cents over the week, with Thursday postings from 110.01 to 112.49 cents/gal. Mont Belvieu postings, which held a wide range from 90.75 to 105.00 cents, were 2.5 to 3.25 cents higher compared to Monday.

Martin Gas Sales and NGL Supply Wholesale LLC added a half cent at Apex; NGL Supply Ltd. a penny; CHS/Cenex 1.5 cents; and Alliance Energy Services, Crestwood Services, and Enterprise Products 2.5 cents/gal. Targa Resources at Hattiesburg, Miss. on the Dixie edged up a penny.

At Conway, Alliance Energy Services and NGL Supply Wholesale were 2 cents higher; Crestwood Services 2.5 cents; and CHS/Cenex 3 cents/gal.

DCP/GSR rose that odd 2.11 cents at Selkirk, while Crestwood Services increased by an unusual 2.31 cents. CHS/Cenex and Enterprise Products jumped 3.25 cents, and NGL Supply Wholesale 4.5 cents/gal.

At Mont Belvieu, CHS/Cenex gained 2.5 cents; Targa Resources 3 cents; and Enterprise Products 3.25 cents/gal. Martin Gas Sales’ posting did not change.