The gas wars 13101/681

From : CEN March 11,2013 . Sub-subject "the U.S.oil and gas industry sees big dollars in LIQUEFIED NATURAL GAS exports; chemical companies see trouble." 1.THE U.S. IS IN THE MIDST of an energy transformation. As the country approaches this milesstone, it faces a question long asked in other counyties with abundant energy resources: How much should we used at home and how much should we sellabroad ? 2. Peter R. Huntsman ,chief executive officer of chemical maker Huntsman Corp., says the company's board has already approved $200 million in natural-gas-related expansions and is considering $300 million more." Four years ago ,90% of our discretionary growth capital was spent outside the U.S.," he says. "Today , 70% is being spent within the U.S., just because of gas. That is the same with virtually any company."