Shale boom a bonanza for steel: exec

May 17, 2013 | 03:30 PM | Corinna Petry

Tags  shale reserves, Marathon Petroleum Corp, C. Michael Palmer, Eagle Ford, Permian basin, Bakken region, Corinna Petry

COLORADO SPRINGS, Colo. – The boom in shale oil and gas, and tar sands oil output is good news for America, as well as the U.S. energy and metals sectors, a Marathon Petroleum Corp. executive said May 16 at the joint annual meeting of the American Iron and Steel Institute and Metal Service Center Institute.

The Findlay, Ohio,-based refinery operator expects oil and gas production in the United States and Canada to continue growing and to "change the competitive landscape" as the boom will "back out imports from the Middle East and elsewhere.....

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