The U.S. export boom continues apace. And not only from crude exports, which clambered above 2 million barrels per day in recent weeks, but from the product piece of the pie too. Joining rising gasoline and distillate exports from the U.S. has been LPG. And not just propane or butane, but ethane as well – as our ClipperData illustrate below.
With the start up of Enterprise’ Morgan’s Point terminal on the Gulf Coast last year, as well as Sunoco’s Marcus Hook terminal on the East Coast, ethane exports have gradually risen from averaging just under 30,000 bpd in Q3 of last year to nearly 140,000 bpd in Q3 just passed.