Ohio is on the brink of an economic and manufacturing renaissance, powered by the growing production in natural gas from shale that is driving investment in the state’s chemical industry and industrial base, American Chemistry Council president and CEO Cal Dooley said in a March 29 address at the City Club of Cleveland. Dooley pointed [...]
Tag Archives: Natural Gas
From England, thumbs up for an American energy revolution
The Economist, Great Britain’s globally-respected analyst of political and economic trends, has given a sterling endorsement of the benefits of natural gas for the U.S economy, especially the chemical industry. The story’s bottom line: “Gas is the new gold,” and the shale gas and oil bonanza is transforming America’s energy outlook and boosting our country’s [...]
Yergin, other energy stars sing praises of shale gas during IHS CERAWeek
Energy mavens from around the world met in Houston last week for IHS CERAWeek, where the economic benefits of natural gas from shale to America’s manufacturing sector proved a popular topic yet again. America’s chemical manufacturers are especially rebounding from the economic decline, courtesy of abundant and affordable sources of natural gas from shale that [...]
From Louisiana, a gumbo of good news about the manufacturing benefits of shale gas
Thanks to the state’s enormous supply of bountiful and inexpensive shale gas, a manufacturing renaissance is alive and well in Louisiana, according to a new study by Louisiana State University’s Center for Energy Studies. To date, some $62.3 billion in new capital investments in petrochemical and other manufacturing facilities have been announced in Louisiana over [...]
Shale gas, chemistry and the manufacturing multiplier effect
The awards season is upon us and shale gas is winning acclaim as the star of America’s economic recovery. Kevin Bullis, senior editor for energy at MIT Technology Review, is just the latest thought leader bestowing accolades on shale gas. Bullis noted in a Fox News commentary that the mention of a manufacturing renaissance conjures [...]
In Texas, natural gas and American chemistry continue to drive economic growth
Oil and gas drilling have loomed large in the Texas economy for decades. Now the production of low-priced natural gas from shale is transforming the state’s petrochemical industry and creating a surge in the exports of ethylene and plastics. Here’s what a recent report by Jesse Thompson of the Federal Reserve Bank of Dallas concluded: [...]
“Man of Steel” in 2013? Think industry of steel – bigger, stronger, better than ever
In 2012, the shale gas revolution was credited for revitalizing the chemical industry and sparking talks about domestic energy security, according to a recent Bloomberg news report. The House Energy and Commerce Committee agreed with this rosy assessment in a recent blog post: In 2013, it’s the steel industry’s turn to emerge as the next [...]
Happy New Year: Shale gas revolution propels chemical industry in 2012
2012 proved to be an outstanding year for the U.S. business of chemistry, which seized the competitive price advantages of natural gas from shale and announced more than $40 billion in U.S. chemical manufacturing investment projects. Insourcing, at least in the chemical industry, has replaced outsourcing. Late in the year, The Washington Post and the [...]
Red, white and shale: A tectonic shift in energy brings U.S. benefits
The National Intelligence Council thinks big. Its quadrennial reports typically address the mega-issues — global power shifts, the “rise of the rest,” a more global NATO — that could define the future. In its most recent report, “Global Trends 2030: Alternative Worlds,” the NIC gave a nod to the transformative power of shale gas, calling [...]
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News Releases
- ACC Lauds Senator Joe Manchin for His Support of American Manufacturing and Job Creation June 17, 2013
- Plastic Film Recycling Group Gaining Momentum With New Members, Initiatives June 17, 2013
- ACC Reaffirms Support for Endocrine Screening Program and Offers Recommendations to Improve Implementation June 14, 2013
- ACC Comments on House Subcommittee Review of TSCA June 13, 2013
- ACC: Flawed Study Fails to Show Causal Link Between BPA and Obesity June 12, 2013
