Fracking Shale Will Spur Another 462K Plastics Jobs Next 10 Yrs

Economists at the American Chemistry Council have just published a new report called “The Rising Competitive Advantage of U.S. Plastics” in which they state over the next 10 years U.S. jobs related to plastics manufacturing are expected to grow by 462,000. Why? Because of plentiful and affordable natural gas and natural gas liquids from shale. A decade ago the U.S. was one of the world’s highest cost producers of plastics. Today, because of shale, we’re one of the lowest cost producers. And it gets better every year. More and more manufacturing plants are relocating to the U.S. to take advantage of a cheap supply of plastics and low cost natural gas, made possible by shale energy. Plastics materials makers pay workers on average nearly $85,000 per year. Made possible by the miracle of fracking…

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