Low NatGas Price Will Benefit Shell’s Ethane Cracker Plant
The low price of natural gas may not be good for drillers, but it’s great for manufacturing companies who power their plants with it. The fact that manufacturers are increasingly converting to natural gas to power their operations, and relocating to areas with an abundant supply of low priced gas—like Pennsylvania—is a good thing for Shell and their proposed ethane cracker plant in Beaver County, PA. Why?
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