Natural Gas Liquidsare not being priced as a by-products of natural gas extraction anymore.
BIR produces around 8,000 / bbl day of the stuff (mostly propane I assume?)
Speculation:
If NGL's get pulled up 100 /bbl because of the global energy problem then this is BIR's
annualized revenue for NGL's alone.
8,000 /bbl x $100 x 365.00 = $292,000,000 /year
Oil at or above $100 will add another $300M /year for BIR
Those are big numbers for BIR which is mostly a natural gas company.
https://tradingeconomics.com/commodity/propane https://www.jwnenergy.com/article/2020/8/27/altagas-approved-to-double-propane-exports/