Shale Gas: A Game Changer Impacts for American Chemistry, M…
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Shale Gas: A Game Changer
Impacts for American Chemistry, Manufacturing & U.S. Economy
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About this webinar:
Access to vast, new supplies of natural gas from shale deposits is one of the most dramatic domestic energy developments in the last 50 years. Shale gas supplies not only provide domestic energy security, but also create a competitive advantage for U.S. petrochemical manufacturers. Ethane, a natural gas liquid derived from shale gas, is used as a feedstock by American companies. Affordable natural gas and ethane give U.S. manufacturers an advantage over global competitors that use a more expensive, oil-based feedstock. As recently as 8 years ago, U.S. Gulf Coast petrochemicals were being written off by industry observers. The U.S. industry had a position near the top of the cost curve and was in a worse position than Western Europe and Northeast Asia. But recently the ratio of oil to natural gas prices reached historic highs and is currently very favorable for U.S. competitiveness and exports of petrochemicals, plastics and other derivatives.
The need to enhance U.S. competitiveness pushed capital spending by the industry up in 2011 by 7 percent to about $29.4 billion, with capital spending expected to grow at a 9% pace over the next 5 years, mainly to support the replacement of worn out plants/equipment and make new investments to take advantage of the U.S. shale gas advantage.
With global competitiveness increasing as a result of the shale boom, increased spending for capacity additions are expected. New projects have been announced and the dynamics for sustained investment are in place. The benefits are being felt beyond petrochemicals and now include fertilizers and downstream products. Capital investment in North America is being reconsidered and a slew of new projects have been announced. More than $16 billion in new investments will likely occur, creating more than 400,000 new American jobs.
What you will learn:
♦ An understanding of the U.S. position on the global ethylene supply curve and what it means for global competitiveness
♦ Current activities in each major shale region/play and the current market drivers
♦ Potential job creation, capital investment and economic output resulting from increased supply of natural gas from shale
♦ Innovations stimulating the development of shale gas reserves
♦ The economic impact for downstream industries
Who should attend:
♦ EPC firms
♦ Engineering, business development
♦ Process engineers
♦ Policymakers
♦ Equipment and technology providers
♦ Investors and financial analysts
♦ Business strategists
♦ Transportation and construction engineers
♦ EHS professionals
Hear from these experts:
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Keith B. Belton
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Martha Gilchrist Moore Senior Director for Policy Analysis and Economics American Chemistry Council Speaker Martha Gilchrist Moore is senior director for policy analysis and economics at the American Chemistry Council. In that role, Ms. Moore analyzes the impact of various policy initiatives and energy trends on the chemical industry, in particular recent developments in shale gas. She also directs the Council’s research on the direct and indirect economic contributions of the business of chemistry and the benefits to consumers. Ms. Moore has worked on chemical industry issues for more than 15 years and is an authority on the market dynamics for the chemical industry and its end-use customer industries. Ms. Moore holds a master’s degree in economics from Indiana University and is a graduate of the University of North Carolina at Chapel Hill. She is a member of the National Association for Business Economics and the National Capital Area Chapter of the U.S. Association for Energy Economics.
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Rebekkah Marshall Editor-in-Chief Chemical Engineering Moderator Rebekkah Marshall is the Editor-in-Chief of Chemical Engineering magazine, the leading technical information resource for chemical engineers who work in the chemical process industries. Rebekkah has worked for Chemical Engineering for more than 10 years and holds a B.S.Ch.E. from the University of Kansas. Before joining Chemical Engineering‘s editorial staff more than 10 years ago, she worked for Parsons Corp. in Houston, Tex., Pasadena, Calif., and New York, handling environmental permitting and design issues for large-scale projects in the U.S. and the Middle East. |
Moderator:
Rebekkah Marshall, Editor-in-Chief – Chemical Engineering
Rebekkah Marshall, Editor-in-Chief – Chemical Engineering
What do I need to view this Webcast?
Minimum Requirements:
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Operating System |
Processor | RAM | Internet Browser | Hardware | Media Players | Internet Connection |
| Windows 7 *1
Windows Vista Windows XP SP3 Note: Mac OS X and Linux users please click here. |
Pentium III 733mhz+ or equivalent | 512MB | Internet Explorer 6.0+ *2Firefox 3.0+
Pop-up Blocking Software Disabled *3 |
AUDIO: Sound Card with speakers
VIDEO: Monitor with 1024×768+ resolution support |
Windows Media Player 9+
Adobe Flash Player 9.1+ *4 |
High speed Cable / Fiber / DSL *5Corporate LAN *6 |
*1 Older Windows operating systems, including Windows 2000, will most likely work but are not officially supported. Please consult http://support.microsoft.com/default.aspx?pr=lifesupsps to determine if your operating system is still supported by Microsoft.
*2 For security and performance reasons it is strongly advised to upgrade to the latest version of Internet Explorer.
*3 The presentation is built on pop-upless technology; however, the presenter may choose to use pop-up windows. In these cases, pop-up blocking software must be disabled for the presentation to work correctly. In many cases, holding down the "CTRL" key while opening the Webcast URL will temporarily disable your pop-up blocking software. Please consult the documentation for your pop-up blocking software to determine the correct way to temporarily disable it.
*4 In addition to having a properly installed Adobe Flash Player your pc must permit rtmp (over port 1935) and / or rtmpt (over port 80) live streaming protocols. Please contact your local IT Administrator if you are unsure of your settings.
*5 High speed Cable / Fiber / DSL. Typical connection speeds can vary from 100Kbps – 1Mbps+. Please check with your local ISP for bandwidth allotment.
*6 Corporate LAN. Bandwith on corporate LANs can vary based on network traffic. Typical connection speeds can vary from 100Kbps – 1Mbps+. Please check with your local ISP for bandwidth allotment.
Support & Troubleshooting
What support is available for users on Macintosh and Unix/Linux-Based operating systems?
This presentation incorporates advanced multimedia features that allow elements such as slides, polling questions, surveys, and application demonstrations to be dynamically sent to the audience synchronized with the presentation. Mac and Linux audiences may view the presentation using a supported Firefox Web browser and Adobe Flash player. Please note that some presentations may not feature a Flash option.
Why can’t I hear audio?
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If you are using Windows Media Player and the player simply stops and/or gives you a generic "error" message, you may be missing an audio codec required to decode the presentation audio. Click here for the Microsoft Codec Installation Package.
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If you are using Adobe Flash Player and are having connection issues please refer to the section labeled
What is a pop-up blocker and how do I disable it?
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It is common to have one or more pop-up blockers that you may be unaware of. Most pop-up blockers reside either in the system tray (lower right hand corner of your screen by the clock) or as a toolbar in Internet Explorer (at the top of your browser, go to "View" and then "Toolbars"). These can be disabled in their options or preferences menus. (Common toolbars such as Google and Yahoo Companion have built in pop up blockers).
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Where can I download the latest streaming media players?
– Windows Media Player – http://www.microsoft.com/windows/windowsmedia/download/AllDownloads.aspx
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– Previous versions of IE – http://www.microsoft.com/windows/ie/ie6/downloads/default.mspx
– Firefox – http://www.mozilla.com/firefox/
I occasionally hear a clicking noise during the presentation. How do I turn it off?
Windows 7 – Click on the Windows Start icon, then choose "Control Panel" > "Sound," > "Sounds" tab. Scroll down the "Program" menu until you reach "Start Navigation." Set the sound to [None] and click "OK." The clicking will be disabled.
Windows Vista – Click on the Windows Start icon, then choose "Control Panel" > "Sound," > "Sounds" tab. Scroll down the "Program" menu until you reach "Start Navigation." Set the sound to [None] and click "OK." The clicking will be disabled.
Windows XP – You can disable this noise by going to the Start menu, then "Control Panel". Open "Sounds and Audio Devices," and click the "Sounds" tab. Scroll down the "Program Events" menu until you reach "Start Navigation." Set the sound to [None] and click "OK." The clicking will be disabled.
Why do I get a "connection failed" or "connection blocked" message when I try to view Adobe Flash streams?
In addition to having a properly installed Adobe Flash Player your pc must permit rtmp (over port 1935) and / or rtmpt (over port 80) live streaming protocols. Please contact your local IT Administrator if you are unsure of your settings. IT Admins can click here to review additional information on configuring proxy servers to permit live Flash streaming.
Questions?
Please contact Jennifer Brady, Marketing Coordinator, at jenniferb@tradefairgroup.com or 713-343-1906.