☰ Menu
Ohio Utica Shale

Chemistry council supports LGN international shipments

By Bob Downing Published: December 20, 2012

From the Center for Liquified Natural Gas today: American Chemistry Council supports international LNG shipments.

Here is the statement: In recent months, more and more American businesses and industries have voiced their support for natural gas exports as a unique opportunity that will create jobs and stimulate our economy.

According to officials with the American Chemistry Council (ACC), thanks to technological advances, the United States will have plenty of natural gas to both manufacture chemicals and plastics, as well as to export as liquefied natural gas.

“[W]e put our confidence in the free market to determine natural gas supply and demand. We would oppose legislation that attempts to restrict exports of natural gas,” said ACC President and CEO Cal Dooley.

Opening up new markets for U.S. products such as LNG is an economic winner for the United States, and precisely why President Obama’s National Export Initiative seeks to double U.S. exports overall by 2015.

Our goal should be a growing economy; to get there we must allow the economy to grow.

In 2011, the U.S. trade deficit in goods and services was $558 billion, the highest since 2008. Authorizing the export of LNG will expand the benefits of U.S. trade and reduce our overall trade deficit.

“We’re convinced that the supply of natural gas will meet demand,” Dooley said. “We’re seeing a tidal wave of new investment in chemical manufacturing in the United States, but … we look at the forces of supply and demand as being the best dictator of how we allocate that.”

The recent increase in domestic gas production represents a positive catalyst for the domestic petrochemical industry, already reversing a decades-long decline. In fact, according to ACC officials, chemical and related industries have announced $45 billion in projects over the next several years.

ACC chief economist Kevin Swift explains: “Shale gas offers a new era of American competitiveness that will lead to greater investment, industry growth, and employment.”

Increased natural gas demand, driven by LNG exports, will also play an important role in increasing the availability of natural gas liquids (NGLs) such as ethane, propane and butane. This additional feedstock of natural gas products will have positive impacts throughout the value chain of several manufacturing sectors, given that chemicals are used in an estimated 90 percent of all manufactured products.

Chemical manufacturers in the United States contribute enormously to our economy, and are responsible for thousands of jobs across the country. Given these facts, it’s important to note that allowing LNG exports will enhance the recent gains made by the American chemical and manufacturing industries.



See the most recent drilling report and an injection wells map From
  • Main Blog Promo
  • Cavs Blog Promo
  • Browns Blog Promo
  • Indians Blog Promo
  • Beer Blog Promo
  • Fracking Blog Promo
  • High School Blog Promo
  • Zips Blog Promo
  • Akron Dish Food Blog
Prev Next

Utica and Marcellus shale web sites

Ohio Department of Natural Resources' Division of Oil and Gas Resources Management State agency Web site.

ODNR Division of Oil and Gas Resources Management. State drilling permits. List is updated weekly.

ODNR Division of Geological Survey.

Ohio Environmental Protection Agency.

Ohio State University Extension.

Ohio Farm Bureau.

Ohio Oil and Gas Association, a Granville-based group that represents 1,500 Ohio energy-related companies.

Ohio Oil & Gas Energy Education Program.

Energy In Depth, a trade group.

Marcellus and Utica Shale Resource Center by Ohio law firm Bricker & Eckler.

Utica Shale, a compilation of Utica shale activities.

Landman Report Card, a site that looks at companies involved in gas and oil leases.FracFocus, a compilation of chemicals used in fracking individual wells as reported voluntarily by some drillers.

Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.

Rig Count Interactive Map by Baker Hughes, an energy services company.

Shale Sheet Fracking, a Youngstown Vindicator blog.

National Geographic's The Great Shale Rush.

The Ohio Environmental Council, a statewide eco-group based in Columbus.

Buckeye Forest Council.

Earthjustice, a national eco-group.

Stop Fracking Ohio.

People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.

Concerned Citizens of Medina County, a grass-roots group.

No Frack Ohio, a Columbus-based grass-roots group.

Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.

Penn State Marcellus Center.

Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.

Allegheny Front, environmental public radio for Western Pennsylvania.