This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Americas: Strategies For A Sustainable Future

I’m pleased to be here to discuss strategies for a sustainable future.

As leaders of this industry, we face a variety of challenges, from weak global economies to rising public concerns about the safety of our products. But in every country I visit, the conversation quickly turns to shale gas and its impact on the chemical business.

Without question, the reversal of fortunes of the American chemical industry is one of the most remarkable stories flowing from the growth in unconventional oil and gas.

Today, I’ll share my perspective on this new energy landscape and the renaissance in American chemistry that it has ignited.

And looking beyond today’s shale gas advantage, I’ll also address how chemical companies around the world can sustain leading performance over the peaks and valleys of the business cycle.

The Big Picture

Let me start with the big picture.

The world is on the cusp of a new age of unconventional energy. It is transforming America’s energy future, unleashing economic growth, and improving the environment.

That energy future will be built on oil and natural gas. U.S. proven reserves of natural gas have grown close to 50 percent since 2005. We now have close to a century’s worth of supply.

Equally impressive is the growing production of unconventional oil, which by next year will have nearly halved U.S. oil and liquid fuel imports. ExxonMobil sees real prospects for North America transitioning to a net energy exporter by 2025.

Liquefied natural gas exports will be part of that picture. For example, an ExxonMobil joint venture here in Texas has proposed a world-class LNG export project. This $10 billion investment would generate an estimated $31 billion in economic gains over the life of the project. This includes 45,000 direct and indirect jobs during the five-year construction period, and thousands more permanent jobs as well.

1 of 7

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.02 0.00%
FB $104.07 0.00%
GOOG $683.57 0.00%
TSLA $162.60 0.00%
YHOO $27.97 0.00%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs