We’ve been talking about growing natural gas liquid (NGL) production in recent weeks from the Williston Basin, the Eagle Ford, the Northeast and other geographies. We have also previously discussed the mismatch between NGL production growth and incremental domestic demand, but we have yet to answer the question: are we likely to run into storage issues with NGLs while we are waiting for infrastructure and demand side projects such as export terminals and petrochemical facilities to be built out? Today we start a series of blogs examining regional storage capacity and the mismatch between expected U.S. NGLs supply - an incremental 1.5 MMb/d between 2012 and 2018, and demand growth. In today’s blog, we set the stage for the series and take a broad look at NGL Storage.
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