Skip to comments.U.S. Shale Just Triggered A Chemical Industry Renaissance
Posted on 07/03/2017 3:51:49 PM PDT by bananaman22
The shale revolution in the U.S. has led to a boom in domestic natural gas production, to the point that America is expected to become a net exporter of natural gas on an average annual basis by 2018.
Abundant gas at home has also led to a renaissance in the petrochemical industry in the U.S., which had suffered a downturn in 2008 and 2009. But then came the shale revolution, and chemical companies in the U.S. now use the affordable ethanea natural gas liquid derived from shale gasas a feedstock.
Abundant and cheap, shale gas and ethane are now feeding the next U.S. chemical revolution, with 294 new projects in the chemical industrydue to shale gasthat were completed, started, or planned as of March 2017, according to the American Chemistry Council (ACC).
(Excerpt) Read more at oilprice.com ...
Frackers = Patriots!
One word: Plastics.
My nephew runs a crack tower for Dow in Freeport, TX. He makes big bucks, he is only 30yo. He makes ethylene then someone else makes the polyethylene.
Obama's many, many Sons run thousands of crack houses in Baltimore, Chicago and elsewhere.
Very astute observation .... too funny!
I’m a derivative fracker: I mine the frac sand.
American ingenuity once again has changed the world!
We could run a lot of cars on clean burning natural gas, instead of forcing electric cars while battery technology is still in its dark ages.
Petrochemical jobs start about 80k for an AS degree. Great jobs! Two of my son’s are in the industry and I’m a supervisor of an Ethane cracker. Our future is so bright we need dark safety glasses!
Yes, he seems to love working for Dow. He gets to go to New Orleans a lot. He’s single but has a pretty serious girlfriend now.
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