ROCKMAN wrote:What the Rockman finds very interesting is how the ethane/ethylene dynamic is spurring significant heavy industry expansion into areas that have seen such activities slip away from them for decades. From:
https://stateimpact.npr.org/pennsylvani ... port-says/
Pennsylvania could support four more ethane crackers
"Pennsylvania has the capacity to attract up to four more ethane cracker plants because of its abundant reserves of NGLs and its proximity to major markets for plastics feedstock. A report projects that more petrochemical companies could decide to invest in Pennsylvania, following the lead of Shell Chemicals which is building the state’s first ethane cracker plant in western Pennsylvania to take advantage of NGLs from the nearby Marcellus and Utica Shales. The need to develop the supply of NGLs from shale beds could also draw investment of $2.7 billion to $3.7 billion.
Pennsylvania currently has a sufficient supply of NGL to support a world-class petrochemical industry. Its major competitive advantage is access to an expanding supply of low-cost natural gas. Pennsylvania with abundant NGL (particularly ethane and propane) is capable of supplying up to four additional world-scale, integrated ethane crackers similar in size to Shell Pennsylvania Chemicals.
Good find, Rman.
And also interesting to see how desirable jobs follow energy. Pennsylvania has moved into shale gas, so they get this new heavy industry and the high paying jobs that go with it.
New York State, on the other hand, has banned drilling for shale gas.....so they get no jobs. No shale gas jobs for rural New Yorkers, and now they also lose out on the ethane jobs.
Cheers!