Crane Co T.CR

Primary Symbol: CR Alternate Symbol(s): CXT

Crane Company is a manufacturer of engineered components for mission-critical applications focused on the aerospace, defense, space and process flow industry end markets. Its segments include Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense and space markets. The Process Flow Technologies segment is a provider of engineered fluid handling equipment for critical applications. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils, primarily for use in the manufacturing of recreational vehicles, truck bodies and trailers (Transportation). It also designs and manufacturers multi-stage lubrication pumps and lubrication system components technology for critical aerospace and defense applications.

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Crane Co > Possible reason for strong Midwest US gas prices

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Comment by Seppelton Oct 30, 2020 12:17am

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Post# 31811140

RE:RE:RE:RE:RE:Possible reason for strong Midwest US gas prices

Beattheodds, I am afraid, I can’t answer your question. Going back years ago when I briefly owned Veresen, I understood that Alliance was transporting NGLs (rich gas) to an extraction plant near Chicago operated by Aux Sable. The dry gas was then shipped to markets in Illinois, etc.
The recent spike in Midwest hub prices (Chicago City Gate, Alliance, Dawn) to under $3 from less than $2 is all that matters. I am more interested in oil recovery and spending more time on Covid news and the development of vaccines and treatments. Watching gas prices and winter weather is just an old routine.

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