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NGL 101- The Basics - EIA

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Ethane Frac Spreads $/Mmbtu<br />

Current Trends 2010-2012<br />

$/Mmbtu<br />

Prices & spreads peaked in Nov 2011; record demand Dec 2011<br />

Ethylene plant turnarounds began Jan 2012 – will prices move up when they’re over?<br />

Conway showing price pressure due to oversupply; can’t get the excess barrels south<br />

36

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