US: GAS DEMAND GROWS
Relatively low prices of natural gas have contributed to steady increases in US industrial gas consumption since 2009, especially as a feedstock for chemical production.
According to the US Energy Information Administration's most recent Short-Term Energy Outlook, growth in US industrial demand will continue through 2015, with consumption averaging 21.3 bcfd in 2014 and 22.1 bcfd in 2015, a 4% increase, boosted by newly proposed chemical plants.
Two methanol plants are set to begin service this year—a small facility in Pampa, Tex., and another in Geismar, La. A handful of fertilizer plants have begun service,…
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