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  • moneyonomics moneyonomics Feb 3, 2012 1:37 PM Flag

    CS-storage fundamentals weak over the medium term

    norb, liquids from wet gas processing generally go directly to end user by pipe or rail and some stored at processing site. some may also be stored by an intermediary like you may be thinking but article is talking mainly about dry gas storage where rates are way way down as storage usually make money off of spread and spread is very small. i think that is why nrgy mentioned some issues at texas storage in press release

    " Market conditions, ...and to a lesser extent in the Texas gas storage market, remain challenging"

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