Future of Natural Gas Appears Squeezed by Methane Emissions, Electrification

The American Gas Association (AGA) and the Massachusetts Institute of Technology (MIT) this month issued contrasting pictures of the future of natural gas as a major U.S. fuel source.

December 23, 2019

Panama Canal Expansion, Mexico Reforms Rewriting LPG Trade

Mexico’s energy reforms, in combination with the expansion of the Panama Canal, have reconfigured the fortunes for liquefied petroleum gas (LPG), according to an analysis by IHS Markit.

November 8, 2017

Petchem Demand Robust as U.S. Feedstock Cost Advantage Fluctuates

Global ethylene demand will grow by about 90 million tons (60%) over the next 15 years, and “the U.S. Gulf Coast is in pole position for this feedstock-driven capacity growth,” the CEO of a logistics provider to the chemical industry told a Houston audience Wednesday.

March 18, 2016
Shale Gas Could Fuel Plastics Industry Boom During Next Decade

Shale Gas Could Fuel Plastics Industry Boom During Next Decade

The U.S. plastics industry is expected to grow rapidly over the next decade, fueled by cheap and abundant shale natural gas that’s made it more competitive with overseas markets, according to a report by economists at the American Chemistry Council (ACC).

May 18, 2015

North Dakota Primed for PetChem Development, Analyst Says

In an industry in which low-cost feedstock is key, North Dakota’s wealth of natural gas liquids (NGL) makes the state a natural candidate for the development of downstream opportunities in the chemicals industry and all of its offshoots, a researcher/consultant said Wednesday at the Williston Basin Petroleum Conference in Bismarck, ND. Ultimately, the model is to do what Alberta, Canada did two decades ago and bring in global partners already in the chemical business.

May 27, 2014

Gas Boom Nurturing U.S. Fertilizer Industry Growth

U.S. manufacturers of ammonia-based nitrogen fertilizer made with low cost natural gas feedstock are raking in profits and moving ahead with plans to expand domestic operations.

January 17, 2013

Smith Sees Light at the End of the Depressed Gas Price Tunnel

Stagnant natural gas production levels, which could fall into a decline before the year’s out, and an increase in gas demand for power generation and as a feedstock could spark a price rebound in 2013 as the supply-demand balance returns to equilibrium, according to Stephen Smith of Stephen Smith Energy Associates.

August 7, 2012

Raymond James: Operators Testing Liquids Ideas

The upstream industry could see its drilling inventory grow if horizontal drilling opportunities being explored by several companies pan out, according to analysts at Raymond James & Associates Inc.

March 13, 2012

All Points Fall Again; Producer: Market ‘Stinks’

A Rockies producer had a pithy description of the current gas market: “It stinks!” Industrial firms that use gas as a feedstock and almost everyone enjoying lower gas bills might disagree, but it’s likely that many others in the gas industry also would prefer a sweeter-smelling market.

January 23, 2012

Huntsman Blames Energy Speculators for Need to Raise Prices

Just one day after Dow Chemical Corp. reported product price hikes due to higher commodity, feedstock and transportation costs, Huntsman Corp. followed suit on Thursday announcing it will raise prices for all products, some by as much as 25%, and also impose an energy surcharge across a wide range of products.

May 30, 2008
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