Full benefits of shale gas are down the road, but challenges remain

As the chemical industry works to reap the full benefits of shale gas -- still down the road -- companies must contend with challenges related to the U.S. economy and production issues, said executives at the American Chemistry Council's annual meeting. Capital investment in shale projects is set to peak in 2015, but federal spending cuts may create delays for permits and the construction industry may have trouble handling heavy growth, this article notes. "There's been a dramatic change in the past five years," said ACC President and CEO Cal Dooley, who noted that more than half of the expected spending will be from non-U.S. firms.

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