In the natural gas industry, the U.S. seems to have a competitive edge

According to the American Chemistry Council, the United States has a competitive advantage over its domestic supply of inexpensive natural gas and natural gas liquids (NGLs). The council analyzed 340 investment projects worth $204 billion in the chemical industry and found that businesses from around the globe are investing in the U.S. Of the 340 projects, 56% had completed or under construction their capital investment, 41% were in the planning phase, and 3% were either delayed or unknown. Most of the production includes selling natural gas and NGLs. Certain projects include renovations of plants and new facilities. A total of 70 percent of investments came from non-U.S.-based companies or domestic firms with an international partner.