he Mariner East 2 pipeline is finally up and running. It’s taken years to get to this point, year’s past when the industry believed this project would come on line.
The project takes propane, butane and ethane from the Marcellus/Utica production fields over to the Marcus Hook processing facility, on the outskirts of Philadelphia. The propane is ticketed to leave the United States via export.
The Ohio Valley has been an oversupplied propane market for the past four or so years…but that is about to change, to at least some degree. This project has some far-reaching ramifications…it could impact the Chicago marketplace, the Conway and Mt Belvieu trading hubs, which means it has the potential to impact, in some fashion, the United States propane landscape.
In other words, this will likely have an impact on all of us…some more than others.
Chris Cox joins me in explaining these ramifications. Chris is a member of The Propane Buzz team, joining us this month. He comes to us with vast industry experience, having spent time managing supply chain logistics of a large retail organization as well as recently handling all of supply for one of the largest propane wholesale companies in the United States. He is well versed on this project, and given his experience, he can shed some light on the aforementioned impacts.
The video is below, or if you prefer to listen to this in a podcast format, you can do that, too.