The American Chemistry Council (ACC) anticipates U.S. chemical production to be in a solid growth position for at least the next two years. According to the ACC and articles by highly respected commodities analysts, expectations of 3.2% for 2015 and 3% for 2016 are very realistic, with even better times following the initial surge. The ACC predicts that domestic chemical industry growth will exceed that of the nation as a whole in the next few years. All this good news can be attributed to shale gas. The Wall Street Daily links the success to the Shale Revolution causing a Chemical Renaissance.
Strong Vehicle Sales despite Slowing EV Demand
While general auto sales remain relatively strong, EV demand has continued to wane as consumers are more and more weary of the logistics behind charging,