Impact of Shale Gas Development on NGL Supplies and Petrochemical Feedstocks South Texas Section February 2012 Meeting Originally delivered Feb 2, 2012 Developed by: STS - South Texas Section Type: Archived WebinarLevel: Intermediate PDHs: 1.00 Share This Post: Preview Webinar: Development of shale gas and oil resources in the United States has resulted in significant byproduct production of natural gas liquids, which has reversed the declining trend in US NGL production experienced at the turn of the century. A wide gap in natural gas and oil prices has supported the prices of natural gas liquids and has encouraged their recovery from wet natural gas. New production of NGLs in areas far from existing fields has prompted investment in NGL infrastructure. Increasing supplies of NGLs have also changed the dynamics of NGL demand patterns. U.S. petrochemical companies are taking advantage of the newly abundant supplies with capacity expansions and lighter feed slates. Presenter(s): Walter Hart Dr. Walt Hart, Global Lead, IHS NGL Research & Consulting Dr. Walt Hart is a Senior Director at IHS, where he is the Global Lead for the Natural Gas Liquids Research and Consulting Group. Based in the company’s downtown Houston office, Walt joined IHS when IHS acquired the international energy consulting firm Purvin & Gertz, Inc. in 2011. Dr. Hart oversees the two IHS worldwide NGL multi-client subscription services: Natural Gas Liquids Markets and Waterborne LPG. He leads three annual international LPG Seminars in the US, Asia and Latin America. He...Read more Once the content has been viewed and you have attested to it, you will be able to download and print a certificate for PDH credits. If you have already viewed this content, please click here to login. Checkout Checkout Do you already own this? Log In for instructions on accessing this content. Pricing AIChE Member Credits 0.5 AIChE Members $69.00 AIChE Undergraduate Student Members Free AIChE Graduate Student Members Free Virtual Local Section Members Free Non-Members $99.00 Webinar content is available with the kind permission of the author(s) solely for the purpose of furthering AIChE’s mission to educate, inform and improve the practice of professional chemical engineering. All other uses are forbidden without the express consent of the author(s).