Appalachian Storage Hub and the Regional Advantage
Tom Gellrich TopLine Analytics
The Shale Revolution has led to the US Petrochemical revolution. With abundant and inexpensive Shale Gas driven raw materials and energy, the US has become the hot spot for petrochemical investments. The American Chemical Council has tracked in excess of $200 billion in announced investments. Two thirds of the investment is foreign direct investments. Full half of all US investment in manufacturing is in chemicals.
When you think of petrochemicals in the US you think of the Gulf Coast. There is a new kid on the block – the Appalachian region. With robust and continuing to grow Shale Gas production out of the Marcellus and Utica, the region accounts for more than half of the US production.
The region is also a day’s drive from the population centers of the US that consume petrochemical products. That combination of sitting on top of the Marcellus and Utica and the population centers is unique. The advantage is avoiding the cost of transporting Shale Gas to the Gulf Coast and transporting the products back to region. An infographic produced by Shale Crescent USA says it all.
Appalachian Store Hub is in the center of it all – making it more attractive, lower risk and lower cost for petrochemical companies to invest in the region.
Find out more at the 3rd Annual Appalachian Storage Conference. MPLX LP, which recently announced it is evaluating underground NGL storage caverns at its Hopedale, Harrison County Ohio complex, will be one of the speakers at the third Annual Appalachian Storage Hub Conference. Mountaineer Storage will be updating the audience about its storage hub in Monroe County near Clarington, Ohio.
You cannot afford to miss this opportunity to learn exactly what these two companies are planning. There is much more including the DOE expanding on their November 2018 report, loan guarantee, and the April 10th Executive Order.
Appalachian Storage Conference III
June 6, 2019
Hilton Garden Inn
Southpointe, Canonsburg, PA
Why you need to attend:
The Appalachian Storage Hub Conference is the only conference focused exclusively on the THE regional economic infrastructure platform of the decade. Shape the future and establish relationships with those driving this mega project.
Seating will be limited. Don’t wait to register.