Tag Archives: Natural Gas

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 […]

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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: […]

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“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 […]

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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 […]

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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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No apparent political divide on the benefits of shale gas

Bipartisanship on domestic policy issues materializes about as often as a snow man in Washington, D.C.  But across the political spectrum and around the country, endorsements for shale gas as a driver for manufacturing growth are popping up like Christmas trees. From Gene Sperling… Start with Gene Sperling, the Obama administration’s point man on economics […]

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Help wanted! The natural gas revival creates demand for skilled workers

Millions of Americans are looking for work in these difficult economic times, so news of a labor shortage might come off as a bit of a paradox. But that’s the reality for parts of America’s robust manufacturing sector, where the shale gas boom has created huge demand for workers, but, in some cases, not enough […]

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Manufacturing is poised to remake our future, McKinsey study shows

Despite the Great Recession, manufacturing worldwide not only survives, but thrives, accounting for approximately 16 percent of global gross domestic product and 14 percent of employment. “Globally, manufacturing continues to grow,” sparking innovation and competitiveness, while driving research and development, exports, and productivity growth in the developed world, according to a new study by the […]

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Politico event highlights energy efficiency as critical component of U.S. energy policy

We’ve said it before: reduced energy demand is the cleanest energy there is, and last week’s “Energy and the Presidency: The Shift from Campaigning to Policymaking” event helped to drive home that point for U.S. lawmakers and reporters in Washington, DC. Hosted by Politico, the event featured distinguished speakers Sens. Udall (D-Colo.), Manchin (D-W.V.) and […]

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U.S. energy future depends on natural gas and energy efficiency, according to World Energy Outlook

The U.S. is in store for a bright energy future achieved by enhancing domestic energy security and boosting the competitiveness of America’s manufacturing sector through abundant, affordable supplies of natural gas from shale and increased energy efficiency, according to the International Energy Agency’s 2012 World Energy Outlook, which forecasts trends through 2035. The global energy […]

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