Chemical Makers Ride Gas Boom

Fuel Fix -- "Exxon Mobil Corp. is planning a multibillion-dollar petrochemical expansion at its Baytown, Texas complex to take advantage of the country’s increasing supplies of natural gas.

CALGARY, Alberta (Reuters) - Sasol Ltd is a step closer to building Canada's first multibillion-dollar plant to convert cheap natural gas to diesel and other fuels after the South African company signed an option on an industrial property near Edmonton, Alberta. Sasol, a new entrant into the Canadian energy sector, has secured a site in Fort Saskatchewan, Alberta, drawn by the region's extensive infrastructure for both natural gas and refined products, Rudi Heydenrich, president of new business development for Sasol Canada, said on Thursday. ...

CALGARY, Alberta (Reuters) - Sasol Ltd is a step closer to building Canada's first multibillion-dollar plant to convert cheap natural gas to diesel and other fuels after the South African company signed an option on an industrial property near Edmonton, Alberta. Sasol, a new entrant into the Canadian energy sector, has secured a site in Fort Saskatchewan, Alberta, drawn by the region's extensive infrastructure for both natural gas and refined products, Rudi Heydenrich, president of new business development for Sasol Canada, said on Thursday. ...

Reuters -- "Appalachia has fallen from its prime when steel mills and coal mines anchored middle-class communities and offered hope there always would be enough work to go around. In this historically poor region nestled in the misty mountains of the eastern United States, most steel mills shut down long ago and the coal workforce has shrunk by 90 percent in the past 40 years.

By Little Apple:A few weeks ago I wrote an article about how we can better use the natural gas that is so plentiful in this country. Two of the companies that I researched were Cheniere Energy (LNG), and its subsidiary Cheniere Energy Partners (CQP).

U.S. oil independence is picking up steam. In December, the country lost its position as the world’s largest importer of oil, with shale production climbing faster than expected. Net imports fell below 6 million barrels per day, domestic production increased more than 1 million barrels per day and demand declined by about 700,000 barrels per day.

U.S. oil independence is picking up steam. In December, the country lost its position as the world’s largest importer of oil, with shale production climbing faster than expected. Net imports fell below 6 million barrels per day, domestic production increased more than 1 million barrels per day and demand declined by about 700,000 barrels per day.