[thackney]

Some of that is already going on.

Dow sees shale gas ‘renaissance’ for US chemicals sector
http://www.icis.com/Articles/2011/06/08/9467658/dow-sees-shale-gas-renaissance-for-us-chemicals-sector.html

Prospects for North American petrochemical producers improve
http://www.icis.com/Articles/2011/03/21/9444238/prospects-for-north-american-petrochemical-producers.html

[Ditto]

All good stuff, but we need time for those plants to be financed, built and staffed. Once the infrastructure is in place, gas prices will find a level.

But if prices raise too soon based on high export prices, that infrastructure will never be financed or built.

We need the value-added jobs far more than the commodity export revenue.

Wishful thinking perhaps, but I would love to see every BTU of that gas burned right here to revive industry rather than seeing it exported to fuel other nation's growth.