Web Date: April 15, 2015
Natural Gas Dominates U.S. Energy Projections
Growth in its domestic production will cause natural gas to replace naphtha feedstocks in coming decades while sparking significant expansion of bulk chemical manufacturing, the Department of Energy predicts in its annual outlook report.
Consumption of natural gas and hydrocarbon gas liquids (HGLs) is expected to increase by more than 50% from 2013 levels by 2040, according to the government’s most likely forecasts for the next quarter-century. A main driver of this trend would be . . .
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