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http://www.reuters.com/article/us-usa-fed-employment-insight-idUSKCN0WC0H9
From the article an excerpt:
Exxon Mobil Corp and Chevron Phillips Chemical Co, a joint venture of Chevron Corp and Phillips 66, are building mammoth chemical crackers to process polyethylene from natural gas, and logistics firms have created millions of new square feet of warehouse space as they plan to ship the output to the global plastics industry.
Rising chemicals output has contributed to record traffic at the Houston Port Authority, and officials say the trend is expected to continue. Throughout the Baytown area, which is on the outskirts of Houston, an estimated $8 billion worth of projects is expected to be finished this year and another $22 billion completed in 2017.
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We are experiencing an explosion of investment as a direct result of falling oil/gas prices while the global economy languishes . . . . . it ain't perfect folks but it's pretty dang impressive!
From the article an excerpt:
Exxon Mobil Corp and Chevron Phillips Chemical Co, a joint venture of Chevron Corp and Phillips 66, are building mammoth chemical crackers to process polyethylene from natural gas, and logistics firms have created millions of new square feet of warehouse space as they plan to ship the output to the global plastics industry.
Rising chemicals output has contributed to record traffic at the Houston Port Authority, and officials say the trend is expected to continue. Throughout the Baytown area, which is on the outskirts of Houston, an estimated $8 billion worth of projects is expected to be finished this year and another $22 billion completed in 2017.
*******************************************************
We are experiencing an explosion of investment as a direct result of falling oil/gas prices while the global economy languishes . . . . . it ain't perfect folks but it's pretty dang impressive!