Buoyed by a continued flood of cheap natural gas, the U.S. chemical industry continues chugging forward with billions worth of new plants and expansions along the Texas Gulf Coast even as the rest of the energy sector struggles under a global crude collapse. This week, chemical giant LyondellBasell announced the completion of a $200 million expansion at its Channelview plant while 75 miles away in Freeport, another plant operated by BASF, a leading global chemical company, kicked off construction of a $600 million ammonia plant expansion on its existing site. READ FULL STORY
The productivity of natural gas wells in the Marcellus Shale and the neighboring Utica Shale is steadily increasing because of ongoing improvements in precision and efficiency of horizontal drilling and hydraulic fracturing occurring in those regions. Since January 2012, natural gas production in the Marcellus and Utica regions has accounted for 85% of the increase in natural gas production reported in EIA's Drilling Productivity Report (DPR) and has driven recent growth in total U.S. natural gas production.
(WDBJ7) - Energy leaders say natural gas use is hitting an all time high and more and more of plants that supply our electricity are switching to it. That means lower costs and fewer emissions. The Dan River Combined Cycle Plant or natural gas power plant starts produces power for around 650,000 customers.