Reviving

Armed with fresh benefits forecasts, Canadian domestic industry is reviving a generations-old crusade for a priority spot on energy policy agendas dominated by government support for export pipeline projects.

Low natural gas prices and increased supplies are reviving the chemical manufacturing industry within the United States as evidenced by the news last week that Dow Chemical Co. has authorized final engineering and lead-time equipment spending for a world-scale propylene production facility in Texas to take advantage of increasing supplies of U.S. shale gas as a feedstock.

Low natural gas prices and increased supplies are reviving the chemical manufacturing industry within the United States as evidenced by the news Wednesday that Dow Chemical Co. is authorizing final engineering and lead-time equipment spending for a new, world-scale propylene production facility in Texas, which will take advantage of increasing supplies of U.S. shale gas as a feedstock.

Shale gas is reviving the domestic chemical industry, has already sparked growth in exports, and going forward it will boost the U.S. economy through new jobs in supplier industries and other manufacturers benefiting from cheap, plentiful energy, according to the National Petroleum Council (NPC).

Shale gas is reviving the domestic chemical industry, has already sparked growth in exports, and going forward it will boost the U.S. economy through new jobs in supplier industries and other manufacturers benefiting from cheap, plentiful energy, according to the National Petroleum Council (NPC).

Intense heat in many areas finally appeared to be reviving the spot market, but only to a small degree, Thursday. The previous day’s minor rebound of 2.9 cents by September futures also helped in raising cash prices slightly at most points.

Canadian drilling is reviving, but producers are switching targets by turning away from natural gas and concentrating on oil as their prices stay on diverging courses. The new focus for hydraulic fracturing techniques is “tight oil.”

Canadian drilling is reviving, but producers are switching targets by turning away from natural gas and concentrating on oil as their prices stay on diverging courses. The new focus for hydraulic fracturing techniques is “tight oil.”

While growth prospects remain up in the air, earlier reports of accelerating gas production decline rates in Canada were exaggerated, the National Energy Board has been told. A new, more optimistic consensus is emerging from a ongoing industry debate over the supply outlook.