Refineries Along with Chemicals and Plastics Plants Invest Heavily in U.S./Take Advantage of Shale Natural Gas, Business and Industry Trends Analysis

The soaring output of both crude oil and natural gas from U.S. fields is having a profound effect on American industry in many ways.  One of the most obvious changes has been an immense amount of investment and construction in the petrochemicals industry-intense Gulf Coast region, designed to take advantage of abundant supply and low prices for natural gas and oil—vital feedstocks to the petrochemicals and plastics industries. Refineries:  U.S. refineries have modernized and expanded to a massive degree over recent years.  As of mid-2020, there were 135 operable refineries in America.  With the boom in shale oil, total capacity…

A Representative List of Organizations that Have Used our Research and Products: