Cheap Gas Playing Important Role in US Economic Recovery
By: Rachael Seeley, Energy Intelligence Oil DailyMarch 23, 2012
On March 23, 2012, Energy Intelligence Oil Daily ran an online article covering BoyarMiller’s March 22 Perspectives on the Energy Industry Breakfast Forum. The following is an excerpt from the article:
Cheap, secure natural gas supplies could ultimately prove to be the “bailout” that will put the US economy firmly on the path to recovery, according to Will Franklin, managing director of Lime Rock Partners, a private equity firm specializing in energy.
Franklin said a cheap, secure, abundant supply of natural gas is presenting the US with a long-term, competitive advantage in the petrochemical, manufacturing and fertilizer industries — and is also starting to make inroads as a low-cost transportation fuel.
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