The U.S. exported 905,000 bpd of propane in 2017, about half of which went to Asia to be used in petrochemical production. – Surging demand in Asia for propane has supported investment in propane exports in the U.S. – About half of U.S. propane production, and the vast majority of exports, occur along the Gulf Coast. Market Movers • The Atlantic Coast Pipeline received the go-ahead from U.S. FERC to begin construction in West Virginia. The natural gas pipeline, of which Dominion Energy (NYSE: D) owns 48 percent and Duke Energy (NYSE: DUK) owns 47 percent, will carry natural gas from the Marcellus Shale in Pennsylvania through West Virginia, Virginia and North Carolina, carrying shale gas to the U.S. South. The most vital industry information will soon be right at your fingertips Join the world’s largest […]