Hi cmon
Read some thing interesting today about ethane .
It is an intrinsically valuable product as the basic starting material for the manufacture of plastics .
However a glut is a glut and for the reasons you point out it has been a problem for some production depending on available infrastructure .
More ethylene cracker infrastructure has recently come online in the Golf Coast area resulting in the price of ethane rising by 57 % since May .
Hopefully the gas and associated gas liquids markets will be better when any wet gas is ready to go to market from our exploration program .
gltah
OEL Price at posting:
6.8¢ Sentiment: Buy Disclosure: Held
