Poised to Become #1 Exporter of Light Naphtha

IHSPredictsNaphthaOversupplyThrough2020[1]

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The U.S. is already the number one producer of both natural gas AND oil in the world (see USA is #1 Natgas and #1 Oil Producer in the World in 2014). We dethroned Russia as the #1 natgas producer and Saudi Arabia as the #1 oil producer. According to researchers at IHS, another #1 is fast on the way. IHS says the U.S. is poised to dethrone the Middle East as the #1 exporter of light naphtha, an essential steam-cracker feedstock used for the production of gasoline and numerous chemicals…

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