Press Release

Texas Liquids Partners LLC

Contact: Joe Aldina – VP, Financial Risk Management Products
300 Executive Drive, West Orange, NJ 07052
Tel: 800 882-8986x120 Email: jaldina@texasliquids.com
www.texasliquids.com

New Product Offering – Financial Risk Management Products

West Orange, NJ, May 8, 2007 – Texas Liquids Partners LLC (Texas Liquids), is proud to announce the offering of new financial risk management tools to help customers manage price volatility in the propane markets. Under the direction of Joe Aldina, Vice President – Financial Risk Management Products, Texas Liquids will offer individually tailored risk management services to help customers better manage the effects that unstable energy prices can have on their business. Whether Texas Liquids’ customers want to protect inventory and existing supply contracts from falling prices, or lock in prices on future buying needs, financial products allow them to to do so at lower cost and with more flexibility than traditional pre-buy and take-or-pay deals.

With an upfront cost as low as a few cents on the gallon, Texas Liquids’ new product line will protect their customers from the large price swings and supply crunches that have become a part of the propane market and the turbulent oil and natural gas markets underlying it. This is essential if customers anticipate accessing the spot markets during peak season, and can also be used as an alternative to long-term pre-buy contracts with smaller upfront cost and increased delivery options. Products can be structured like fixed forward-price contracts, but also give customers the choice of accessing supply along the pipeline network or at any refinery around the country. In times of tight supply, customers can shop the rack for best prices, choosing to access refinery supply if it is lower priced or if pipelines resort to allocation and become difficult to access. Like fixed-price physical contracts, financial products allow customers to lock in winter prices to protect against a higher market. But unlike physical contracts, financial products also allow customers to take advantage of lower market prices if the market trends down, helping them to potentially increase margins.

Steven Montovano, Texas Liquids’ Chief Operating Officer commented on the new product line: “We are excited about offering our customers these new products to help manage their energy risk. These products will bring more value to our customers as the propane industry continues to experience more volatile, non-traditional pricing trends. Joe has worked hard launching this program, and I firmly believe that the benefits this will bring to our customers will far outweigh the cost of the product. The industry can no longer simply sit back and just buy and sell propane.”

Aldina adds, “I believe in and I’m excited about our new risk management products because they not only give a customer insurance against the significant risks in this industry, but also offer them much more flexibility compared with traditional purchasing and sales strategies. Texas Liquids can custom tailor a risk management program to meet the needs of each individual customer, giving them the amount, type and duration of protection they need at a price that fits their budget. I encourage customers to contact me or their existing Texas Liquids sales contacts to let us know the kind of risks they face - in every case there is a risk management strategy we can structure to fit what they’re looking for.”

Texas Liquids, with offices in West Orange, NJ, and Dublin, OH, is dedicated to providing reliable propane sales and service at competitve prices. This new financial risk management program will add to Texas Liquids’ traditional volume and pre-buy offerings to propane retailers, utilities, industrial and agricultural accounts. The new products will also enhance Texas Liquids’ personalized customer service, which has always provided uninterrupted supply and reliable delivery to their entire client base.