Economy
October 23, 2014
LNG Exports a Game Changer for U.S. Economy
Written by John Packard
Paul Lowrey of Steel Research Associates was discussing the size of the market segments with SMU back in September during our Steel Summit Conference in Atlanta. He was making sure that we were aware that the energy markets are now the largest steel consuming segment of the steel industry, especially if you take into consideration some of the major construction projects associated with natural gas. Mr. Lowrey has promised to provide data supporting his contention in a future edition of our newsletter.
On Wednesday of this week, Steel Market Update attended an energy conference sponsored by Louisiana State University (LSU) in Baton Rouge, LA. The focus of the conference was on the status of the tight gas and shale oil plays with special emphasis on those areas located close to, or within the borders of, Louisiana.
