Volume 90 Issue 25 | pp. 26-27
Issue Date: June 18, 2012

Chemical Executive Spirits Are Lifted By Natural Gas

Cheap natural gas helps chemical executives at annual meeting look beyond the shaky economy
Department: Business
Keywords: economy, economic indicator, outlook

At the closing dinner of the American Chemistry Council’s annual meeting earlier this month, Calvin M. Dooley, chief executive officer of the chemical industry trade association, raised a wineglass. “I’d like to propose a toast to shale gas,” he said.

The good fortune that natural gas extracted from shale deposits has brought to the U.S. chemical industry pervaded the meeting, held in Colorado Springs. The U.S. economy may be stagnant, growth . . .

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