Shale Revolution Feeds Petrochemical Profits

December 7th, 2013
in econ_news

By Jesse Thompson - Federal Reserve Bank of Dallas

Booming natural gas production from shale has undeniably benefited U.S. petrochemical production and profitability. New energy supplies from shale have been so abundant that prices for natural gas and coproduced natural gas liquids, or NGLs, have rarely been lower, helping reduce overall costs.

Follow up:

At the same time, oil and its by-products have rarely been higher. The price differential has driven a shift wherever possible from heavier raw-material inputs—oil by-products such as naphtha—to lighter inputs, including NGLs. Since 2011, the preference for NGLs (ethane, propane and butane) has placed sectors dependent on heavy-material inputs at a competitive disadvantage.

[full page view by hitting the lower right hand corner icon]

swShale Revolution Feeds Petrochemical Profits as Production Adaptse1304g

To print Scribd document:

  1. Click "Download."
  2. Open with "Adobe Reader".
  3. Select "Print".

source: http://www.dallasfed.org/assets/documents/research/swe/2013/swe1304g.pdf















Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.












 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved