There was little movement from last week’s tank rail car sublease rates in the latest week as many market participants were away from their desks attending an industry conference.
“Everybody is out there” taking care of meetings, said one individual at a midstream company. “It won’t be until next week that they know what they want to do.”
Energy Transport Insider sources also said that the seasonal transition from a winter blend to a summer blend gasoline should also result in some market activity in coming weeks.
News reports said the Pennsylvania Public Utility Commission (PUC) granted an emergency order Wednesday to stop the flow of natural gas liquids (NGLs) on Sunoco...