Assumptions for pricing of volatile natural gas liquids (NGL) have been changed, but this should not affect the credit ratings of NGL companies, according to a report released Friday by Standard & Poor’s Ratings Services (S&P). Generally, there is a 20-25% discount relative to average spot market prices.
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Fayetteville Shale Cited by Advocacy Groups in Calls for Tax Hike
The Fayetteville Shale of Arkansas is showing a lot of promise for natural gas producers. Now, two advocacy groups hope that promise translates into more dollars for Arkansas residents.
Fayetteville Shale Cited by Advocacy Groups in Calls for Tax Hike
The Fayetteville Shale of Arkansas is showing a lot of promise for natural gas producers. Now, two advocacy groups hope that promise translates into more dollars for Arkansas residents.
Fading Weather Demand Forces All Points Lower
Spring is busting out all over — finally — and that translates to lower spot prices. Quotes fell across the board Thursday; a few drops were in single digits, but the rest were fairly consistent in all regions in ranging from a dime to just over 20 cents.