• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

203-656-1143

alebow@commodityresearchgroup.com

Commodity Research Group

AN INDEPENDENT COMMODITY RESEARCH GROUP

  • About Us
  • Our Associates
  • Research
  • Press
  • Podcast
    • All Episodes
    • Monthly Oil Market Report
    • Talkin’ EIAs
  • Blog
Contact Us

Growth in ethane… EIA

You are here: Home / Commodity Research / Growth in ethane… EIA

May 21, 2021 by Jim Colburn Leave a Comment

From the EIA’s excellent Today in Energy:

”U.S. production of ethane, a hydrocarbon gas liquid (HGL) produced primarily in natural gas processing plants, has grown rapidly since 2013. Production has nearly doubled from 0.95 million barrels per day (b/d) in the first quarter of 2013 to 1.85 million b/d in the first quarter of 2021. In our Short-Term Energy Outlook, we forecast ethane production to continue to grow in response to a growing U.S. petrochemical industry and rising ethane exports to petrochemical plants around the world, reaching 2.6 million b/d by the fourth quarter of 2022.

U.S. demand for ethane has been growing steadily as a result of capacity expansions of ethylene crackers in the petrochemical industry, which use ethane as a feedstock. Ethylene is a basic chemical used to produce plastics and resins. We estimate that the U.S. petrochemical industry expanded its capacity to produce ethylene from almost 27 million metric tons per year (mt/y) in the first quarter of 2013 (when the first capacity additions to ethylene crackers in over a decade came online) to almost 40 million mt/y in 2020. This growth in ethylene capacity caused domestic demand for ethane as a feedstock to grow from 960,000 b/d in the first quarter of 2013 to 1.83 million b/d in the fourth quarter of 2020.”

 

Category iconCommodity Research


 

Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.

Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.

 


Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Recent Posts

  • Podcast: January 2025 Oil Market Analysis
  • Podcast: September 2024 Oil Market Analysis
  • Podcast: June 2024 Oil Market Analysis
  • Podcast: April 2024 Oil Market Analysis
  • Podcast: February 2024 Oil Market Analysis
  • Podcast: January 2024 Oil Market Analysis
  • Podcast: June 2023 Oil Market Analysis

Footer

Get in touch

Get professional market research now.

203-656-1143

alebow@commodityresearchgroup.com

Resources

  • Research
  • Press
  • Podcast
  • Blog
Copyright © 2025 Commodity Research Group. All rights reserved. Developed by EKT Interactive. Return to top