So it seems we are exporting as much as we can because the Asian markets are like three times or more our price for propane/LNG.
Was this all caused by the frozen wells in Texas, or is there an international shortage of Propane/LNG? I am just thankful that we don't have the capacity to export more propane/LNG than what we do. Prices would be 3x as high, and our stockpiles are like 10 percent or more deficient compared to last year.
Why did they not "top off" propane/LNG stockpiles/underground reserves during the summer? Every year I seem to get reports of reserve shortages, what is going to happen to a really cold winter when these reserves get depleted?
Was this all caused by the frozen wells in Texas, or is there an international shortage of Propane/LNG? I am just thankful that we don't have the capacity to export more propane/LNG than what we do. Prices would be 3x as high, and our stockpiles are like 10 percent or more deficient compared to last year.
Why did they not "top off" propane/LNG stockpiles/underground reserves during the summer? Every year I seem to get reports of reserve shortages, what is going to happen to a really cold winter when these reserves get depleted?