Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.

Recs

0

Is $100 Billion Worth of Spending All for Naught?

You don't have to tell chemical manufacturers in the United States about the energy boom going on. They are all well aware, which is why, together, they have planned over $100 billion worth of expansion projects. Some are even going as far as to disassemble plants abroad and move them stateside. Both Nucor (NYSE: NUE  ) and Methanex Corp (NASDAQ: MEOH  ) targeted Louisiana as the ideal spot to relocate steel production and methanol production facilities to, respectively. 

These plans don't come cheaply, which is why many, such as Dow Chemical (NYSE: DOW  ) , have been outspoken against unchecked natural gas exports from the United States. We have already conditionally approved the exportation of up to 15% of our current demand, so further approvals could put us in a vise unless production begins to pick up again. Tune in to the short clip below for analysis on further implications for these companies.

Unsure about chemical companies ability to profit from the boom? Try these three:
Have you missed out on the record oil and natural gas production that has been revolutionizing the United States' energy position? If so, it's not too late to start investing in it. For this reason, the Motley Fool is offering a comprehensive look at three energy companies with plenty of room left to grow. To find out which three companies we have identified, we invite you to check out the special free report, "3 Stocks for the American Energy Bonanza." Don’t miss out on this timely opportunity; click here to access your report -- it’s absolutely free. 

This segment is from Tuesday's edition of "Digging for Value," in which sector analysts Joel South and Taylor Muckerman discuss energy and materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy & materials sectors @TMFEnergy.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2890822, ~/Articles/ArticleHandler.aspx, 7/29/2015 4:08:37 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Taylor Muckerman
TMFrunAMuck

Taylor is an Associate GM in our Fool International operations. Prior to that he covered all things Energy + Materials as an analyst. Over the years, he has built an investing skill set to rely on when evaluating companies inside and out. While at the Fool, he has made appearances on CNBC and Fox Business. In addition, he completed his MBA at the University of Maryland and will sit for the Level II CFA Exam.

Today's Market

updated Moments ago Sponsored by:
DOW 17,753.36 123.09 0.70%
S&P 500 2,109.31 16.06 0.77%
NASD 5,114.91 25.71 0.51%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

7/29/2015 3:52 PM
DOW $47.51 Up +0.86 +1.84%
The Dow Chemical C… CAPS Rating: ****
MEOH $46.54 Up +0.95 +2.07%
Methanex Corp (USA… CAPS Rating: ***
NUE $45.44 Up +0.94 +2.11%
Nucor CAPS Rating: ****

Advertisement