Shale In Demand
The shale gas boom has turned the North American market for polyolefins upside-down. And, according to market analyst Nick Vafiadis, it doesn’t appear to be flipping back anytime soon. The giant surge in the shale gas industry has come as much of a surprise for many and the development of shale gas resources has caused a major increase in U.S. natural gas reserves. Many of these reserves are now estimated at 100-150 years of supply.