Breitling Oil and Gas Texas and California Morning Podcast #362

As horizontal drilling and the controversial extraction technique known as fracking have made domestically produced natural gas more available and sharply cheaper, that gas has been widely embraced by industry, electric utilities and trucking fleets.

The rapid development of shale gas technology has helped reduce energy imports and, in some cases, encouraged companies producing petrochemicals, steel, and other products to return to the United States after relocating overseas. Natural gas exports are growing and terminals built to hold imported supplies are being repurposed for international sales.

The American petrochemical industry, for example, uses natural gas as both its primary raw material, in the form of liquid ethane, and as an energy fuel. And cheaper prices have led to a major expansion of capacity in the United States.

The energy revolution is bringing the jobs and the companies back to the United States!

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