Short-term tank car sublease rates were flat this week, holding levels seen last week. The focus was on meeting winter heating needs.
Much of the country continued to see winter weather conditions in the latest week. In fact, portions of the South Central states saw their lowest temperatures of the century.
The Department of Energy (DOE) reported that U.S. propane/propylene stocks fell 3.7 million bbl to 58 million bbl in the week ending Jan. 12. Stocks were down 19.7% from year-ago levels.
And the drama swirling around the Marcellus/Utica shales and pipeline takeaway of natural gas and natural gas liquids (NGL) was stirred up last week. Market participants noted talk that Energy ...