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Web Date: June 28, 2010

Feedstock And Fuel

Natural Gas: Reserves are big, but demand by electric utilities is likely to grow, MIT report says
Department: Business, Science & Technology | Collection: Economy
News Channels: Environmental SCENE
Keywords: natural gas, energy

A report from the Massachusetts Institute of Technology offers positive news to the chemical industry: The U.S. has an abundant supply of natural gas that can be developed at low cost—equal to 92 years at the current domestic consumption rates. Natural gas is a key feedstock for chemical producers.

But the interim report, which was released on June 25, also comes to a conclusion that the chemical industry may not like: Demands . . .

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