Marcellus/Utica NGLs “Becoming More Lucrative” – 3rd Cracker Coming?!
Last week we brought you a few pickings from the Hart Energy Marcellus-Utica Midstream Conference and Exhibition held in Pittsburgh. One of those pickings were comments from Williams CEO Alan Armstrong and his prediction that production in the Marcellus/Utica would go up by 65% in the next five years (see Williams CEO Says M-U Production Will Grow 65% in 5 Yrs). Another was comments from the Pennsylvania Department of Community and Economic Development which is about to release a new study that our region could comfortably host another four giant ethane cracker plants (see PA Report Says Marcellus/Utica Can Support Up to 4 More Crackers). Below are more comments from the event about NGLs (natural gas liquids), including a stray comment by one person in-the-know who said he's been approached about hosting a new/third cracker plant in the region...
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