Recent

% | $
Quotes you view appear here for quick access.

Energy Transfer Partners, L.P. Message Board

  • champs78645 champs78645 Aug 20, 2012 7:26 PM Flag

    Oil movement

    Unless I am mistaken, thought all (ETP) it did was serve as conduit for the movement of gas and oil. If oil prices are down there will be some oil/gas moving, therefore, this reource still need the pipeline to deliver it to a location, which I thought was an assurance we would be immune to the vagaries of oil/gas prices, was I wrong?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Theres a glut of natural gas right now from a warm last winter and record production of nat gas.

      Now, if usage slows for whatever reason, ETP wont be delivering as much nat gas.

      Also, with nat gasprices near a ten year low, drillers are laying down rigs and producing less, thus les processing and gathereing.

 
ETP
51.20-0.22(-0.43%)Jul 31 4:06 PMEDT