Natural Gas Industry Poised for Demand Growth, Even While Weathering Downturn
Natural Gas Industry Poised for Demand Growth, Even While Weathering Downturn
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SUGAR LAND--July 20, 2016--Written by Andrea Moede for Industrial Info Resources (Sugar Land, Texas)--The explosion of natural gas plays has revolutionized the energy sector in America over the last 10 years. Geologic shale formations that were long recognized as fossil-fuel laden remained untapped until horizontal drilling and hydraulic fracturing became viable exploration options.
Within this article: Describes projects that have been made possible by the growth of U.S. shale gas production, including an ethane cracker by Royal Dutch Shell plc (NYSE:RDS.A).
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