Midwest Gulf Coast LNG Local & Northeast Oil-Linked Gas-Linked Mont Belvieu . Exports Local & Northeast . Natural Gas End-Markets Ethane Price Diversification Propane & Butane Exports Natural Gas & NGL NGL Export LNG Export / Premium Gulf ~30% of Natural Gas to Midwest ~25% of Natural Gas to Gulf Coast ~25% of Natural Gas to LNG and Premium Gulf Markets ~20% of Natural Gas Local & to Northeast $0.00 $0.50 $1.00 $1.50 $2.00 $2.50 RRC Peer 1 Peer 2 Peer 3 Peer 4 Peer 5 Peer 6 Valuation of proved reserves only ...