Voices: Energy Expert

Energy Expert explores the growing range of energy related opportunities and risks facing today’s Energy Manager. Peter Garforth draws from his considerable track record in establishing successful energy productivity programs that create profitable business solutions and enhanced competitiveness.

The puzzle of future oil pricing

Peter Garforth says global petrochemical demand factors extend beyond immediate fuel needs.

By Peter Garforth
May 7, 2015

A rewarding aspect of writing this column is the reader feedback. A Plant Services reader recently raised a question that served as a useful reminder that oil and natural gas are much more than fuels: They are also key feed stocks to the plastics, resins, and fertilizer industries. The reader's question was deceptively simple: “How long will my customers benefit from the low price of resins made from the recent dramatic drop in oil prices?"

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