HEARD ON THE STREET: Natural Gas Renaissance Sparks Favorable Chemical Reaction - WSJ.com
BY LIAM DENNING
BY LIAM DENNING
Meet the latest market to be upended by North America's energy revival: ethane. Just as with natural gas and crude oil, there are winners and losers from this disruption, ranging from U.S. pipeline operators to industrial giants like Dow Chemical.
Ethane is a natural-gas liquid, or NGL, that is produced alongside natural gas. It is used primarily to make ethylene, which is used in turn to make plastics and other chemical products. Having jumped in 2011, its price has plummeted 39% so far this year.
When natural gas surged in late 2005 following catastrophic hurricanes, ethane leapt, too, and chemical ...
Ethane is a natural-gas liquid, or NGL, that is produced alongside natural gas. It is used primarily to make ethylene, which is used in turn to make plastics and other chemical products. Having jumped in 2011, its price has plummeted 39% so far this year.
When natural gas surged in late 2005 following catastrophic hurricanes, ethane leapt, too, and chemical ...
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