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Propane Rejection at natural gas plants at natural gas trades at $26 per mm btu at Opal WY Hub and peaked at above $50!. Natural gas producers leave propane high and dry as the stop making propane because it’s more profitable to leave it in the Nat gas stream.
EIA- In Wyoming, prices rose at two major hubs which are key sources of supply for the West Coast: at the Opal Hub, the price increased $26.41 from $26.37/MMBtu last Wednesday to $52.78/MMBtu yesterday, and the price at the Cheyenne Hub in southeast Wyoming rose $29.15 from $5.73/MMBtu last Wednesday to $34.88/MMBtu yesterday.
https://www.eia.gov/naturalgas/weekly/#tabs-prices-2
https://www.fmcsa.dot.gov/emergency/wsc-msc-ssc-esc-regional-emergency-declaration-no-2022-016-heating-fuel
https://governor.utah.gov/executive-orders/
https://governor.wyo.gov/state-government/executive-orders
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Propane Rejection at natural gas plants at natural gas trades at $26 per mm btu at Opal WY Hub and peaked at above $50!. Natural gas producers leave propane high and dry as the stop making propane because it’s more profitable to leave it in the Nat gas stream.
EIA- In Wyoming, prices rose at two major hubs which are key sources of supply for the West Coast: at the Opal Hub, the price increased $26.41 from $26.37/MMBtu last Wednesday to $52.78/MMBtu yesterday, and the price at the Cheyenne Hub in southeast Wyoming rose $29.15 from $5.73/MMBtu last Wednesday to $34.88/MMBtu yesterday.
https://www.eia.gov/naturalgas/weekly/#tabs-prices-2
https://www.fmcsa.dot.gov/emergency/wsc-msc-ssc-esc-regional-emergency-declaration-no-2022-016-heating-fuel
https://governor.utah.gov/executive-orders/
https://governor.wyo.gov/state-government/executive-orders
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