The Gift of Gas

Petrochemical makers assembling for NPRA’s International Petrochemical Conference in San Antonio, TX starting March 28 are in a better frame of mind than last year. A strong demand recovery in Asia and slower-than-expected supply flows from the Mideast have eased oversupply (p. 21). U.S. producers are even upbeat as surging natural gas supplies restore cost competitiveness. North American producers are more confident that the shift in supply dynamics for natural gas—and key natural gas-based feedstocks such as ethane—are sustainable for at least...

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