Get cracking: the resurgence of US petrochemicals
Along with rising oil and gas output, the US shale boom has led to Natural Gas Liquids production rising from an average of 1.72 mb/d in 2005 to over 2.45 mb/d in February 2013. This has resulted in sharply lower NGL prices, benefiting the parts of the US chemical industry that use NGL feedstocks an...
Main Author: | |
---|---|
Format: | Journal article |
Language: | English |
Published: |
Oxford Institute for Energy Studies
2013
|