Signs of economic growth from shale gas are evident

03/14/2013 | Economist (tiered subscription model), The

Shale natural gas is driving the resurgence of energy-intensive industries such as steel production, plastics and chemicals, according to this analysis. Dow Chemical, Methanex and Chevron Phillips are among companies planning shale-related petrochemical investments. Such capital expenditures could total $72 billion, add $342 billion in economic activity in the latter half of this decade, create 1.2 million jobs and generate $26 billion in government revenue, according to the American Chemistry Council.

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Economist (tiered subscription model), The

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