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Msg  106408 of 106830  at  8/15/2019 12:50:38 AM  by

Q77


 In response to msg 106385 by  paidtobuy
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Re: MPLX

 Didn't the spate of E&P bankruptcies of the past 4 years mean next to nothing for midstream??
 
I think a couple of contract assets for firm service got swapped, but that was about it.
 
Why would this time be different, unless the gathering system charged well above market rates?  Those would be thrown out in BK court, but a market rate would replace it, not a zero rate.
 
Whoever ends up with the equity of the next round of dead E&P's is going to need some carriage to move their gas.  The Marcellus isn't going to be shut in, and this wheel doesn't stop turning. 


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Replies
Msg # Subject Author Recs Date Posted
106409 Re: MPLX chrxind 4 8/15/2019 5:56:53 AM
106412 Re: MPLX W 3 8/15/2019 7:03:38 AM
106435 Re: MPLX jrad51 8 8/15/2019 9:50:37 AM


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