Texas is receiving manufacturing investment that's directly related to U.S. shale gas, energy executives said during the IHS CERAweek conference. ExxonMobil Chemical's planned petrochemical expansion at Baytown "will be a win-win for ExxonMobil and Texas, a pro-business state which has attracted more ExxonMobil investment than anywhere in the country, and where we are the state's largest taxpayer," said ExxonMobil Chemical President Steve Pryor.

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