Regular Readers Already Know This: Shale Results in Increased Ethylene Exports

RBN Energy deserves a huge "thank you" for all they did to educate readers about ethylene, natural gas liquids, etc.

Here's a link to a story in the Oil and Gas Journal:

A natural gas liquids boom stemming from development of US shale plays will spur investments in export-related petrochemical plans targeting Latin American market, Energy Security Analysis Inc. (ESAI) said in a recent report.

With US demand for ethylene derivatives growing modestly, expanding petrochemical capacity will be export-oriented. ESAI expects the US surplus of ethylene derivatives to expand to over 4 million tonnes/year by 2016, a 40% increase from 2011.

In response to increased liquids production from Marcellus and Utica shales in Pennsylvania and Ohio, Royal Dutch Shell selected a site near Pittsburgh for the potential construction of a petrochemical complex.

The Bakken was not mentioned, but the Bakken is also contributing.