How The Shale Boom Is Boosting U.S. Exports

Most people are at least somewhat aware that the U.S. shale
oil boom has resulted in lower fuel prices at the pump. But they
are probably less familiar with the economic impacts of the shale
gas boom. I have covered some of the impacts of the
cheap shale gas bounty in the past. They include a
surge of natural gas exports to
Mexico and displacement of coal in electric power
production. Today I want to talk about the impact on the chemical
manufacturing industry. Natural gas is used in chemical manufacture
both as a…

Most people are at least somewhat aware that the U.S. shale
oil boom has resulted in lower fuel prices at the pump. But they
are probably less familiar with the economic impacts of the shale
gas boom. I have covered some of the impacts of the
cheap shale gas bounty in the past. They include a
surge of natural gas exports to
Mexico and displacement of coal in electric power
production. Today I want to talk about the impact on the chemical
manufacturing industry. Natural gas is used in chemical manufacture
both as a…