IHS: Shale gas to benefit U.S. economy despite upward pressure on gas prices

09/19/2013 | FuelFix.com

Petrochemical companies plan to spend more than $100 billion on facility investments by 2025, spurred by increasing natural gas production. Shale gas will also likely add 3% to the nation's gross domestic product, said John Larson, vice president of economics for IHS. These gains should come even though prices for natural gas are expected to rebound, according to this article.

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