With shale production leading to a massive boom in oil and natural gas liquids in the U.S. recently, the prices, particularly those of NGL, have reached record lows this past year. And because chemical companies such as Westlake (NYSE:WLK) and LyondellBasell (NYSE:LYB) use ethane as a feedstock for the production of ethylene and ethylene-related products, such as many plastics, low ethane prices mean incredible margins for these companies compared to their international counterparts. But is this trend expected to continue in 2013? In this video, Motley Fool energy analyst Taylor Muckerman tells us who is benefiting and how long it's expected to last.
Taylor Muckerman and Joel South
Jan 2, 2013 at 3:45PM
Follow @t_Muckerman 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.
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