Volume 87 Issue 38 | pp. 26-27
Issue Date: September 21, 2009

Stepping On The Gas

North american petrochemical makers are benefiting from domestic natural gas development
Department: Business
Keywords: Natural gas, oil, petrochemicals

As recently as a few years ago, North American petrochemical companies worried that high natural gas prices would put them at a disadvantage internationally. The result, they feared, would be gleaming new chemical complexes overseas and boarded-up plants back home.

Today, with rock-bottom natural gas prices that are low relative to crude oil, petrochemical makers are more hopeful. The prices might not lead to a resurgence of the U.S. as a petrochemical exporter, but they . . .

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