Cheap natural gas from the US shale boom is providing enormous economic benefits to the nation, Mark Albers, a senior vice president with Exxon Mobil, told the World Shale Gas Conference in Houston last week. Albers said abundant, affordable shale gas is reviving the country's petrochemical industry — by boosting the output of associated natural gas liquids — strengthening its steel industry and generally supporting economic activity and tax revenue (NGW Oct.24'11).
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