The Fuel for Economic Recovery

The Fuel for Economic Recovery

from RealClearReligion - Homepage by John Interval, Pittsburgh Post-Gazette

John Interval, Pittsburgh Post-Gazette
A major U.S. industry that once was on the ropes is making a spectacular comeback. Banking on the long-term availability of cheap gas, the chemical industry is investing billions of dollars in new plants that will produce ethylene, a plastic feedstock that's used to make food packaging, grocery bags, toys and other consumer goods. This change is a dramatic turnabout from the depressing developments of a decade ago when high energy costs led to a shutdown of scores of chemical and fertilizer plants and the loss of thousands of jobs. .