Energy boom boosting US competitiveness

Sep 11, 2013 | 11:06 AM | Corinna Petry

Tags  Metals Service Center Institute, energy outlook, oil, natural gas, infrastructure, Jeff Meyer, IHS Cambridge Energy Research Associates, Corinna Petry

SCHAUMBURG, Ill. — The U.S. energy sector is experiencing a renaissance—"the shale gale"—that few would have predicted 10 years ago, Jeff Meyer, associate director of IHS Cambridge Energy Research Associates Inc., said Sept. 9 in an energy outlook at the Metals Service Center Institute’s Economic Summit.

The energy boom offers many benefits, including cleaner energy options, a cheap and plentiful feedstock for chemical and plastics manufacturing, and an alternative fuel source for commercial vehicle fleets. It’s also fueling the development of an export market.....

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