As natural gas production falls and prices remain high, U.S. chemical producers may be “crowded out” by price-insensitive customers that bid up the prices to a level that manufacturers cannot afford to pay, according to a comprehensive analysis unveiled Friday by two Lehman Brothers analysts.
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High Gas Prices, Falling Production Crowd Out Chemical Manufacturers
As natural gas production falls and prices remain high, U.S. chemical producers will be “crowded out” by price-insensitive customers that bid up the prices to a level that manufacturers cannot afford to pay, according to a comprehensive analysis unveiled Thursday by two Lehman Brothers analysts.
April 21, 2003
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