Increased focus on US shale plays has contributed to an sharp increase of natural gas and NGL production. With more natural gas liquids flooding the market, the price relationship between gas, NGLs and petrochemicals is tightening and, in some cases, reversing. Samantha Santa Maria, Platts managing editor for North American natural gas, and Maria Mejia, NGL analyst for Bentek Energy, discuss frac spreads, price changes, and what could drive future demand.
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