Natural gas liquids (NGL) holds the potential to revive American manufacturing and achieve American energy independence with economic benefits that are distributed nationwide to both rural and urban residents.

Many people, including me, have, in the last few days, been quoting from the recently released IHS report entitled America’s New Energy Future: Manufacturing Renaissance Report, which produced some pretty astounding data regarding the impact of unconventional oil and gas production on household incomes. The report indicates the following, for example:

In 2012, average real disposable income per household increased by more than $1,200 as a result of the unconventional revolution—an aggregate financial boost to all US households of $163 billion.

As important as this is, a reading of the full report indicates there is more good news and it relates to natural gas liquids (NGL), which are among the keys to a revival of U.S. manufacturing as well our energy independence. Moreover, NGL production will help to spread the economic benefits of natural gas development throughout the nation.

http://naturalgasnow.org/natural-gas-liquid-ngl-production-is-the-b...