Shale’s Ethane Boom Gives Westlake Chemical Advantage

Shale’s Ethane Boom Gives Westlake Chemical Advantage

Westlake Chemical Corp. enjoyed record fourth quarter and full year results last year, driven in large part by lower ethylene feedstock costs resulting from the abundant supply of natural gas liquids (NGL) coming out of North American shale plays, CEO Albert Chao told analysts during a conference call Tuesday.

February 20, 2013

Political Agenda Includes Revision of Endangered Species and Environmental Policy Acts

Just when you thought you could forget about Washington, DC for a while, the resources industry’s political representatives are rallying the troops for successive rounds in the public arena involving, among other things, putting holes in the offshore drilling moratorium, ensuring funding and implementation of oil and gas programs in the Energy Policy Act of 2005, and reforming two 30-year-old laws, the Endangered Species Act and the National Environmental Policy Act (NEPA).

August 25, 2005

Prices Finally Find a Direction to Move, And It’s Up

After several successive days of stagnation, the cash marketfinally was able to use a little bit of screen support andexpectations of colder weather moving into major market areas toget out of its rut Tuesday. Prices ranged from flat in theSouthwest basins to more than a nickel higher at New Englandcitygates and for intra-Alberta and several related western points.Most quotes rose between 3 and 5 cents.

January 12, 2000